Two Plus Two Newer Archives

Two Plus Two Newer Archives (http://archives1.twoplustwo.com/index.php)
-   Business, Finance, and Investing (http://archives1.twoplustwo.com/forumdisplay.php?f=32)
-   -   How to make money off Poker coming to asia. (http://archives1.twoplustwo.com/showthread.php?t=557809)

DanielDayLewis 11-30-2007 05:52 AM

How to make money off Poker coming to asia.
 
I feel that Poker will come to Asia. I don't really want to start a business at this time but would like to invest in any well run company that feels similar to me on this matter.

spex x 11-30-2007 11:03 AM

Re: How to make money off Poker coming to asia.
 
There are a lots of large publically traded companies that offer poker products, both online and brick and morter. Why not just buy some stock?

willie24 11-30-2007 11:23 AM

Re: How to make money off Poker coming to asia.
 
[ QUOTE ]
How to make money off Poker coming to asia

[/ QUOTE ]

go to asia and play poker?

ahnuld 11-30-2007 11:25 AM

Re: How to make money off Poker coming to asia.
 
[ QUOTE ]
There are a lots of large publically traded companies that offer poker products, both online and brick and morter. Why not just buy some stock?

[/ QUOTE ]

im assuming they dont have enough direct exposure for his liking.

DanielDayLewis 12-01-2007 03:00 AM

Re: How to make money off Poker coming to asia.
 
[ QUOTE ]
[ QUOTE ]
There are a lots of large publically traded companies that offer poker products, both online and brick and morter. Why not just buy some stock?

[/ QUOTE ]

im assuming they dont have enough direct exposure for his liking.

[/ QUOTE ]

exactly. I want a well run company that one of their primary goals is marketing to asia. I also think poker stocks will go up as a whole because of the asian market.

PrayingMantis 12-01-2007 03:35 AM

Re: How to make money off Poker coming to asia.
 
I've just been to the Macau APPT event, so I wonder why you think poker is going to be big in asia. The fact that the Chinese love to gamble is not new, and I didn't need to go there in order to realize this. However I didn't see any special indication that poker in particular is going to be big there.

Also, do you mean online or live? because if you're talking live - there aren't many ways to invest in this area, unless you're going to put money on schools for poker dealers or chinese companies that manufacture chips. And online is even more problematic: Pokerstars were not allowed to use their .com ending, and used only the .net in the event. I assume because it's illegal to advertise gambling sites.

Of course as a poker player I hope you are right, but i think you only have some theoretic "they are crazy gamblers --> poker is going to boom" reasoning, which is not very convincing imo.

vetiver 12-01-2007 04:36 AM

Re: How to make money off Poker coming to asia.
 
Will Jerry Yang have the effect Moneymaker had on caucasians?

RockyElsom 12-01-2007 09:00 AM

Re: How to make money off Poker coming to asia.
 
Everyone talks up this 'asia poker market', but just the way you're talking about it now DDD, your research skills leave a lot to be desired. You've taken the idea, just assumed it to be true because Asians like to gamble and poker is good for gambling, and used that as your total logical deduction.

As someone who has actually researched this stuff on behalf of organisations, you're very wide off the mark. If you don't understand why, spend a year in any asian country like China, understand the reasons for their beliefs on gambling practices, then get back to focusing on a better place to make money.

Shoe 12-01-2007 01:09 PM

Re: How to make money off Poker coming to asia.
 
CRYP (the crypto sites) are trying to make inroads into Asia. If you think they are going to succeed, their stock can be purchased on the NASDAQ.


All times are GMT -4. The time now is 12:30 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.