Quote:
Originally Posted by cheltNAM
Just had a look at Amaya Financials, three months to March 2017 revenue is up $28.8 million compared with March 2016. Profits are up $10.2 million (operating costs are down $11 million)
Just $2 million of that is poker revenue, they are doing what they set out to do, im not sure if its been explored but net depositors and recreational gamblers are far more likely to gamble across the sportsbook and casino games than a withdrawing poker player.
Making the games better for recreationals in poker will have the knock on effect of increasing the amount of gambling across the three arms and will mitigate the losses in rake from withdrawing players. It will be interesting to see revenue in the next 2 quarters as to whether Amaya as a whole is making more than previously (i suspect it might).
Remeber guys amaya is not just poker stars, if they lose $80 million in rake revenue and make $100 million in sportsbook and casino then they will im sure be very happy. It just sucks for all of us.
As a further note i find it interesting that three months to March 2016 pokerstars lost $17,601,000 in foreign exchange and this has come down dramatically. This seems like an extreme gesture of goodwill to sustain these losses so as to not charge withdrawl fees (this has change dramatially in 2017)
Marketing budget has only come down 6%
What are you talking about, sir ?
It has been proven many times ITT that 2p2ers represent about 97% of Stars customers and 99% of 2p2ers said that Stars will go bankrupt within a year max, so that must be true, it's obvious.
All your blabla about profits increasing etc is only shareholder-BS, true smart persons know that "Amaya is f**kin evil and will die soon because they hate us, poker players"
When you go to grocery, don't you like it when merchant send you back 30% of what you spent directly in your bank account at the end of month ?
Because I mean, which person sane in his mind would spend any amount of money on anything without having some money spent back to them ?
I also never encountered anyone who would spend money to go see a movie without making sure that 20% of what they spent total is given back to them when they quit the theater.
Every business in this world gives at least 20% cashback to their customers, so if Amaya stops doing it after more than 10 years offering it, world should stop rotate and poker players of all nations should all stand up together against that incredible unfairness.
Also, it has been proven ITT that Stars was bought by Mason and reptilian friends of Sheldon Adelson in order to troll the pro poker players and make them mad, just for the lulz of it.
#WEAREPOKERCONSPIRACY