What's gone wrong at UB?

[WutRUTryin2Hit]

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They were bought by Absolute a few months ago... I severely doubt the issue is that they need cash.

I really think they are just being greedy because they no that US players have very few other options.

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I don't think UB have definite liquidity problems, but just cause another company bought them, it doesn't mean much. I mean, Absolute might have had to burn a lot of cash in the acquisition, so Absolute could be more cash-poor than before the deal. And really, who honestly thinks that Absolute is thriving? We are at a point in online poker history where the growth boom has died out, and you can't be massively profitable anymore just by virtue of running a poker site. There are simply going to be a lot of sites in the next little while that go busto, it's inevitable. The strong ones that operate optimally will survive and grow, but a lot of smaller ones that did fine for years simply because it was impossible NOT to make money at it, will flounder and die. See: Tech boom, 1999.