Quote:
Originally Posted by PTLou
need this chap to come back and continue with more juicy details.
paging deilegend
He made most / all of that up.
Does not at all align with reality. Traffic is *not* "down 30-40%" -- please cite some source for that.
Same goes for "Amaya almost failed on their first payments on the loans to buy Pokerstars". Poppycock. The loan agreement explicitly calls for a big tranche of revenues each quarter to first go toward loan repayment, and that's exactly what's been happening, with the balance steadily decreasing. There was one refinancing at some pt, but nothing like the "near failure" he suggested. Overall company performance hasn't lived up to expectations, but the lenders are still getting paid back apace.
Traffic "evaporating almost overnight"? Please.
I invite deilegend to return and provide some evidence. Seems like mostly fabrication and unsupported exaggerations.