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Old 02-01-2007, 09:40 PM
blackize blackize is offline
Senior Member
 
Join Date: Mar 2005
Location: Maryland
Posts: 5,037
Default Re: So who thinks Party was on the ball?

So much wrong with this post.

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Everyone couldn't believe that Party voluntarily banned all US players from their site when the new law was announced back in October.

Why would they do that? Why give up so much revenue months before they had to? Could it be because they saw the writing on the wall where no one else did?

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....getting out Oct 13th or Jan20th, there is no difference except that they lose a ton of money they could have had.

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So is it possible they decided to abanded the US market and be the 1st to concentrate heavily in the Non US markets and again reap the benifits? Stick with the formula that made them #1 in the 1st place?

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What was stopping them from continuing to allow Americans to play, dropping advertising in the US, and pumping their greater profits and other advertising budget into other markets?

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Did they decide to take a short term loss to gain in the long run?

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So you are saying they took a ~50% hit to their revenue in order to gain in the long run? Say they made 1 billion over the last 3 months without Americans. With Americans they stood to make 1.7 billion. They could have taken that 700 million and used it in addition to the marketing funds they are currently allocating to other markets in order to get even more advertising.

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Honestly, how many casual or recreational players will want to deposit online again after they have gotten burned by Neteller holding their money for 6 months?

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Why would a recreational player have money just sitting in Neteller? They take money and load it onto poker sites. They don't leave it sitting around in Neteller.

Edit: This wasn't some brilliant plan of Party's. They had to pull out because they are a publicly traded company on the London stock exchange, or their controlling members decided it was less risky. It most certainly wasn't some masterful plan to dominate the world market minus the US
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