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-   -   So party just made a hugely profitable move (http://archives2.twoplustwo.com/showthread.php?t=353441)

Sniper 10-09-2005 01:32 AM

Re: So party just made a hugely profitable move
 
BTW, the animals in the ZOO are going nuts over this!!!

1800GAMBLER 10-09-2005 07:46 AM

Re: So party just made a hugely profitable move
 
[ QUOTE ]
No they did not! What party just did was an equivalent of Saudi Arabia quitting OPEC because they don't like their quota. They're delusional if they think their business is protected. A bunch of sites have enough to volume to get into a full-blown marketing war with Party. They have no way of sustaining their margins on player one way or the other. All they're doing is speeding up the marketing war while what they should've done was to use the volume of the party network to squash the other competitors.

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You don't understand that in 2 weeks they will be back to normal size.

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Today, Empire is no better than the cryptos, prima or absolute with < 10K players online at a time.

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Empire is a lot worse off. Empire probably has a ratio of 1 fish per 9 good players. No site will last this.

Sniper 10-09-2005 11:10 AM

Re: So party just made a hugely profitable move
 
[ QUOTE ]
Empire is a lot worse off. Empire probably has a ratio of 1 fish per 9 good players. No site will last this.

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I don't necessarily agree with this assessment. Empire did alot of advertising and sent alot of people CDs.

It will be interesting to see Empire's response to this change, which they likely were aware was coming, and have prepared for.

1800GAMBLER 10-09-2005 01:15 PM

Re: So party just made a hugely profitable move
 
[ QUOTE ]
[ QUOTE ]
Empire is a lot worse off. Empire probably has a ratio of 1 fish per 9 good players. No site will last this.

[/ QUOTE ]

I don't necessarily agree with this assessment. Empire did alot of advertising and sent alot of people CDs.

It will be interesting to see Empire's response to this change, which they likely were aware was coming, and have prepared for.

[/ QUOTE ]

90% of fish go bust within 6 months. empire also did a lot of spamming for affiliates.

Sniper 10-09-2005 02:00 PM

Re: So party just made a hugely profitable move
 
[ QUOTE ]
90% of fish go bust within 6 months. empire also did a lot of spamming for affiliates.

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Fish are not going away... just look at all the fish dumping their money to the house in non-poker games!

eastbay 10-09-2005 02:10 PM

Re: So party just made a hugely profitable move
 
[ QUOTE ]
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90% of fish go bust within 6 months. empire also did a lot of spamming for affiliates.

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Fish are not going away... just look at all the fish dumping their money to the house in non-poker games!

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Bad analogy, if you're talking about B&M casinos.

I don't see any scantily clad free drink women, mesmerizing bright lights, or general drink and be merry hedonistic atmosphere in my bedroom.

Saying people will play losing online poker forever because Vegas has lasted this long is apples and oranges.

eastbay

Peter666 10-09-2005 02:37 PM

Re: So party just made a hugely profitable move
 
Yeah, but I don't see the opportunity to be one click away from loads of granny porn in the B&M. Both places will have their fish markets.

Sniper 10-09-2005 02:46 PM

Re: So party just made a hugely profitable move
 
[ QUOTE ]
I don't see any scantily clad free drink women, mesmerizing bright lights, or general drink and be merry hedonistic atmosphere in my bedroom.

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Sounds like you need to find a more exciting girlfriend [img]/images/graemlins/wink.gif[/img]

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Saying people will play losing online poker forever because Vegas has lasted this long is apples and oranges.


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Poker has been around for a VERY long time!

1800GAMBLER 10-09-2005 04:37 PM

Re: So party just made a hugely profitable move
 
[ QUOTE ]
[ QUOTE ]
90% of fish go bust within 6 months. empire also did a lot of spamming for affiliates.

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Fish are not going away... just look at all the fish dumping their money to the house in non-poker games!

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... my first quote was from party pokers reports. i should have said 90% of new customers leave party after 6 months.

Sniper 10-09-2005 06:41 PM

Re: So party just made a hugely profitable move
 
[ QUOTE ]
... my first quote was from party pokers reports. i should have said 90% of new customers leave party after 6 months.

[/ QUOTE ]

This is what PartyGaming's latest financial report actually says...
Rates of attrition of new sign-ups in 2005 have continued to increase with 29.1% of the sign-ups in January 2005 remaining active in June 2005. Management believes that this trend has been driven by a combination of the continued strong growth in new sign-ups as well as an increase in the proportion of sign-ups which are more casual players, who play less often than our core players. Across all real money poker sign-ups to date, the average rate of attrition after six months is approximately 34.0% and after 12 months it is 31.2%.


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