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View Full Version : Why don't S&M have an Internet poker site?


08-20-2002, 06:17 PM
Poker.com is a publicly traded company (symbol: PKER) and its financials are available on its web site.


According to data at www.pokerpulse.com (http://www.pokerpulse.com), Paradise Poker is at least 10x bigger, probably 100x bigger, and maybe 1000x bigger than Poker.com.


Based on these data, I guesstimate that Paradise's principals are pulling at least 7 digits and probably 8 digits out of the company per year. This estimate is consistent with other estimates posted on 2+2.


I assume that 7-8 digits/year is financially significant for S&M and that they are interested in maximizing their net worths.


Question: Why don't S&M have an Internet poker site?

08-20-2002, 06:23 PM
The server is supposedly in Mason's basement. Though I do hear it is heavily guarded by Korean Bots so tread carefully if you dare to visit! As for the name of their site I hear it is highly classified so better ask Mason the answer to that one on the QT.


Jimbo

08-20-2002, 11:45 PM
And where is it located, this company? I doubt it's the USA...


Since there's still some question about the legality of Internet gaming, and poker in most states in any form, I'm guessing that this would be the FIRST impediment to anyone hosting a site in this country... and unless 2+2 is moving offshore.. Mason's kinda blocked.

08-21-2002, 09:05 AM
http://news.moneycentral.msn.com/ticker/article.asp?Feed=BW&Date=20020619&ID=1720058&Symbol=US:PKER


Y'know, I wonder if the legislators who are trying to make Internet gaming illegal realize that you can trade in stocks in the same companies providing the service???