77% of total poker revenue in the period was generated by the top 10%

[jojo11]

From Party's financials,

'The yield per active player day increased marginally to $17.9 compared with $17.8 in the first half of 2005. The positive impact from the return of a number of higher raking players to PartyPoker.com over the past 9 months ( 77% of total poker revenue in the period was generated by the top 10% of active players versus 70% the previous year ) together with the rapid growth of a number of markets outside the US, where yields tend to be higher initially, was able to offset the impact of more casual players being added to the player base and a small increase in bonus rates to 10.4% of gross poker revenue (2005: 10.1%).'

What information can we gather from this? Does this mean the top 10% of active players end up eating over 60% of Player deposits? Which fyi were (poker and casino) at Party in the sum of $1.7 billion.

[Daniture]

I would believe it to mean 77% of the rake was generated by the top 10%. Which depending on their definition of active accounts makes quite a bit of sense since a relatively low number of players play every day.

[ZenMusician]

WTF?

I think you forgot to cross post this in the book forum too.

EVERY post of yours is something like this...Jesus Christ!

-ZEN

[GodPlays_Pkr]

roll the dice.