[daveymck]

[ QUOTE ]
Usually i'm with you, but I couldn't disagree more with what you say here. Rakeback is irrelevant to me, but Party semed to have made a big mistake to me. The only reasonable explaination for their recent actions is that they don't see poker as their core future offering, reading through their recent interim statement has reinforced for me the view that this is in fact the case.

Party suggest they will seek more and more of their income from casino games, which is what I stated in a couple of my previous posts. No doubt the optimists who think this move is good for everyone will once again call me a fool for this. Such is life. ESADB.

Regards Mack

[/ QUOTE ]

Party is pretty big and probably has cash from the share issues plus steady cash flow, I expect them to be a company on the aquisition trail to be honest I expected them just to takeover Empire during the takeover talks recently I thought they would make a move rather than have a rival get onto their platform, this may be a masterstoke devalue them completely then absorb them into party.

They will expand and I am sure their business will change which is the main key point of the post people need to start adapting to change instead of bemoaning their luck.