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#11
07-31-2007, 06:28 AM
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Re: How Much are the Top Poker Sites Worth?
[ QUOTE ]
[ QUOTE ] [ QUOTE ] [ QUOTE ] PartyGaming is worth about US$2.3 billion. [/ QUOTE ] Party issued 3,973,343,000 shares, which are currently worth £0.2853 each. That works out as £1,133,594,757.90, which is USD$2,303,267,900.46 Just to be precise :] [/ QUOTE ] hmmm... so what would that be.... 2.3 trillion? [/ QUOTE ] I thought there were too many digits in there. I blame windows calculator. [/ QUOTE ] wtf? level and re-level? 10th digit is billion. 
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#12
07-31-2007, 06:31 AM
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Re: How Much are the Top Poker Sites Worth?
[ QUOTE ]
[ QUOTE ] [ QUOTE ] [ QUOTE ] [ QUOTE ] PartyGaming is worth about US$2.3 billion. [/ QUOTE ] Party issued 3,973,343,000 shares, which are currently worth £0.2853 each. That works out as £1,133,594,757.90, which is USD$2,303,267,900.46 Just to be precise :] [/ QUOTE ] hmmm... so what would that be.... 2.3 trillion? [/ QUOTE ] I thought there were too many digits in there. I blame windows calculator. [/ QUOTE ] wtf? level and re-level? 10th digit is billion. [/ QUOTE ] I blame windows calculator.
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#13
07-31-2007, 06:35 AM
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Re: How Much are the Top Poker Sites Worth?
[ QUOTE ]
Wikipedia says that if Stars were to have an IPO, it would be somewhere around $3 billion. [/ QUOTE ] My highly unscientific approach would be that if Party is worth $2.3bn and averages ~5k daily RM RG players, we can extrapolate to the other sites. So, I'd say PS was ~9k daily RM RG players, which would be $4.1bn. The entire market is ~39k daily RM RG players, which means it's worth approx $18bn.
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#14
07-31-2007, 09:11 AM
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Re: How Much are the Top Poker Sites Worth?
I'm not sure about all this, but my PYGMF stock that I bought at 72 cents has sky rocketed to 60 cents in just over three weeks! I know it will come back though -- I can feel it!
Oh and didn't Yahoo open up in Europe? I've gotta believe that will work out eventually and especially as soon as this UIGEA crap is repealed when congress gets back from vacation. LOL Can you even imagine what my investment would be worth then???
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#15
07-31-2007, 09:49 AM
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Re: How Much are the Top Poker Sites Worth?
nice
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#16
07-31-2007, 10:24 AM
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Re: How Much are the Top Poker Sites Worth?
[ QUOTE ]
I'm not sure about all this, but my PYGMF stock that I bought at 72 cents has sky rocketed to 60 cents in just over three weeks! I know it will come back though -- I can feel it! Oh and didn't Yahoo open up in Europe? I've gotta believe that will work out eventually and especially as soon as this UIGEA crap is repealed when congress gets back from vacation. LOL Can you even imagine what my investment would be worth then??? [/ QUOTE ] A friend of mine bought at the exact peak (around 300c) and then sold at 180c, just before the first recovery. Perhaps you two could form a tipping company? I thought the Yahoo entry would be massive, but they don't appear to have done a single thing. I also sent them two mails the day they opened and have yet to hear a response, so either they're incredibly backlogged or they don't much like me.
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