Re: Odds of Party collapsing on Saturday?
[ QUOTE ]
Hi
I doubt they will have a problem regaining profitablity very quickly, and I expect they will probably grow through the European market and be back at the current position within 3 years, even if they permanently lose US business.
Mack
[/ QUOTE ]
I must disagree about your "very quickly" statement. If they cut off all U.S. players and go from 100 players down to 15, how many games do you think they'll have running?
Not many. Now you'll have a domino effect, as some of the Euro/Asian players leave Party for greener pastures and fuller tables or better table selection. So now you're down more than 85% of your player base, and so forth.
|