Quote:
Originally Posted by DoTheMath
Somewhere in one of the FTP threads today I posted my analysis that it will actually cost GBT only about $95M to buy the assets, relaunch the site, pay the refunds and cover the remaining relevant account balances. $18M is almost 20% of that cost.
If Tapie actually has to pay $230M, I think the expected ROI will be too low to go ahead with the deal.
I saw that and you're making a lot of assumptions. One of the biggest was that GBT would only be honouring (I put a u cause it's mostly europe
)half of the money owed to ROW players and I don't think that would be the case. At least I hope that wouldn't.
That $40 mil european bank account is also something reported that they would get after the purchase. They will still need to come up with that $40 mil before the purchase even if it ultimately turns out to come back to them.
By the way... you said you saw the books for Pocket Kings. How did you manage that?