Re: PartyGaming Annual Profit Slumps 56 Pct.
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everyone cashing out should not mater for PROFITS. Only effect would be a 3-5% fee for payment processing.
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I'm surprised no one else has called you out on this, and everyone is coming up with weird ass indirect ways to explain it.
More people cashing out = less people playing = less rake = less profits (and this includes not just the US but those in other countries who cash out because the business in the US gave them a bad feeling). It's that simple.
If you don't think the number of people with money online is pretty strongly correllated with the profits, remind me not to hire you as an account manager if I ever go into the online poker site business [img]/images/graemlins/smile.gif[/img]
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