Re: Conspiracy Theory: Put on Your Tin Foil Hats
This doesn't seem that far fetched to me. Online poker goes 'illegal,' Party gets whacked by 50% of it's value (while losing 70% of it's revenue, which I find odd), the governemtn works to 'regulate' the industry, meaning lincensing and requirements and measures to 'protect' us. Harrahs/MGM strangely enough already has this license and is therefore in position to buy Party or, more likely, a private equity firm buys Party and somehow does a joint venture with a major casino company to make it happen.
Why does Party only fall 50-60% when they are losing at least 70% of their revs? What about the 270 days to get everything situated? A lot can happen in 270 days.
I'm not saying I believe it, but there are a lot of possabilities, and a lot of actions that look pretty dubious.
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