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Old 08-29-2006, 10:09 PM
DesertCat DesertCat is offline
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Join Date: Aug 2004
Location: Pwned by A-Rod
Posts: 4,236
Default Re: Don\'t overlook the \"global\" picture

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I still maintain that anyone who can obtain a monopoly to operate online poker in Mainland China WILL control the global online and TV poker industries by the year 2015.


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I don't doubt that a monopoly on the Chinese online poker market will someday be very valuable. I'm just saying they shouldn't lose the rest of the world along the way. If China's economy grows 10% per year while the other developed countries grow 3% per year, in 2015 China's GNP will still be one third of the U.S GNP, and less than one fifth the size of the US combined with leading european nations. And the law of large numbers means it's unlikely that China will be able to maintain a 10% annual growth rate for another decade, so even this scenario is far too optimistic.

A chinese monopoly will still be too small in 2015 to give them any ability to dominate the entire online market.
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