here's another interesting post:
IGM Speaks
Seems to me that in preparation for their IPO Party is really cleaning up its act.Getting rid of individual trackers for those players that utilize rakeback thru a Party affiliate will not solve anything for Party if all these rakeback players migrate to skins that still offer rakeback.
Are we to assume Party is going to radically change its relationship with these skins that enable rakeback ie Empire and EuroBet?Can Party risk cutting these skins off?How could Party actually find out which players are getting rakeback on these skins without the cooperation of said skin?Are the skins and Party going to go head-to head legally over this?Can Party afford to let the heavy volume players(an increasing % of total player pool) be incrementally less profitable as more serious players avoid Party and only play thru skins that offer rakeback?
Party is attempting to stem the tide of their making less on each new player or even worse the same player added to the Party Network.Right now by putting on a face that they are protecting the growth of their business model the IPO is more marketable.Fact is the IPO will probably float at the top of Party's popularity unless Party can find a way to legitimatly contnue to grow.Party's growth is being stunted by this leakage of players utilizing rakeback at other skins.
The games will continue to get tougher with a higher % of regular players multi-tabling and playing for rakeback.With a pool of ever increasing educated young players more will multi-table and more will demand rakeback.Party's growth isnt what it appears just in the player#'s -they are very deceptive.Party's best days of growth are behind it.Now they are just trying to clear up house enough to float the IPO get rich and clean the books up enough so they arent legally culpable when everyone figures out that the growth story is not what it appears.10%-20% long-term growth yes maybe 30-50% no.
Party needs to continue to get new fresh players who are no know nothing about rakeback.Can they eliminate rakeback without jeopardizing their biz model or revenue projections?doubtful..that why they are doing this bit by bit.
Right now it looks like Party is just cleaning up its own house and the next target may be all skins once they get a feel for this latest move.
As someone who has just in the last half-year finally gotten rakeback I'm not thrilled to lose 20% but I'm ready for the worst.