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#12
10-10-2007, 08:17 AM
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Re: Party Poker for Sale?
Just from the business angle, the U.S. corps are in better position to get max value from the Party name. It wasn't so long ago Party was dumping mass $'s into American advertising, if they sell to an American corp they'll be much better positioned to bank on that investment. This should be worth many billions over time for whoever buys them, provided they put some money into Washington lobbies.
Speaking of Washington, maybe we shouldn't get too overjoyed just yet. I still think we're looking at 2 years until things really change. I just don't see them changing headed into major elections and I doubt this will be a first priority for the new people in office. Alot will depends on how hard the WTO is willing to push with the threatened sanctions on intellectual property rights. Then we'll have to see what sick taxes they stick the industry with to help an ever-sliding-closer-to-busto D.C. Wow, I sound pessimistic in the face of good news. I'll just sit back and try to think of all the new advertising and bonuses bringing in a tidal wave of fish. [img]/images/graemlins/grin.gif[/img] 
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#14
10-10-2007, 08:27 AM
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Re: Party Poker for Sale?
[ QUOTE ]
[ QUOTE ] I heard it's being bought by ANDY BEAL for a COOL MILLION Confirm/die? [/ QUOTE ] die [/ QUOTE ] Yeah, the 'confirm' stopped me for a about 2 sec, then I realized PP is worth ALOT more than 1 mil even crippled as they are. Shoulda put the number in the 20-40 range and you might have fooled some people.
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#16
10-10-2007, 08:42 AM
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Re: Party Poker for Sale?
who cares about getting Party back if a US casino got an established site. every moron that plays live would be playing online.
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#17
10-10-2007, 08:43 AM
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Re: Party Poker for Sale?
[ QUOTE ]
Just from the business angle, the U.S. corps are in better position to get max value from the Party name. It wasn't so long ago Party was dumping mass $'s into American advertising, if they sell to an American corp they'll be much better positioned to bank on that investment. This should be worth many billions over time for whoever buys them, provided they put some money into Washington lobbies. [/ QUOTE ] What other online poker brands could we put in the same category? My picks: PokerStars (largest right now) Full Tilt (strongest branding) Bodog maybe (for brand recognition) Thoughts?
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#18
10-10-2007, 09:10 AM
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Re: Party Poker for Sale?
[ QUOTE ]
who cares about getting Party back if a US casino got an established site. every moron that plays live would be playing online. [/ QUOTE ] No way, many weak players play live but think online is rigged. Even legalized, I'm sure many of them will continue this belief. And computerized tables will make live much better, more hands/no tip.
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#19
10-10-2007, 09:37 AM
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Re: Party Poker for Sale?
[ QUOTE ]
I heard it's being bought by ANDY BEAL for a COOL MILLION Confirm/deny? [/ QUOTE ] Jim, you really aren't funny, especially when you try to be. Please stick to losing your food money every week and pretending you can play good poker. That's the only way you'll ever get any laughs.
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#20
10-10-2007, 09:45 AM
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Re: Party Poker for Sale?
Bodog is still privately owned (I think, I've only played stars the past year) and controlled, so I doubt they get bought unless they get a very nice offer. Though if the LV giants sense weakness they will probably try to beat them up enough to try to lowball them. I don't know enough about their balance sheets to say. Part of that story will depend on if sports betting is opened up online along with poker. With the WTO on Washington's back I see that being likely, which will make Bodog a far more attractive target. First with buyout offers then with aggressive moves on their market share if denied (think bodog type sexy ads but from the Vegas corps with far more to spend.) We're talking mega bucks into ads once this thing opens up. Unless they restrict it ala liquor ads I see poker ads not just on poker shows but on primetime & maybe even some of those multi-millions superbowl spots. Think about what a way that would be for a newly legal industry to say to the mainstream world, "we're here, we're legit, safe, and not going away!"
I don't know the numbers, but my impression is that absolute has lost ground to stars and fulltilt in the past year. I havn't followed what happened to the cheating scandal over there a few weeks back, but that doesn't seem to have gotten as much traction as I feared it might (b/c it would hurt the entire industry, not just them.) Alot will depend on how many casinos will want into the market if they feel they can compete. I'm particularly interested in LV Sands and what they'll do. They've recently made massive investments in Macau. It will be interesting to see with more computerized tables if they'll think to limk them to Macau players. Or Harrah's... imagine a WSOP played live but linked on computerized tables around the globe. Now nothing like this will happen for years... I'm taking the long view here, but imagine trouney fields around the globe in the 10's of thousands. The cards would keep flying as the sun set & rose somewhere else. If this sounds crazy, well casino are already beggining to get the tables and it's the only way live fields can grow; and if you run a massive corp like LV Sands or Harrah's you're always looking for the next growth opportunity, they don't come often for corps that big.
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