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Old 11-21-2005, 04:46 AM
Gramps Gramps is offline
Senior Member
 
Join Date: Feb 2004
Location: Oaktown
Posts: 124
Default Re: Empire Poker to sue Party Gaming

I'm sure Party knew this was coming when they made the move, and calculated that it was likely more than worth the $$. This thing could get dragged out for years and years, Empire could still get a big settlement or award, and it will still have been a very +$EV move on Party's part.

Thanks for helping protect our market share from startups and helping to recruit our player base, now we'll start collecting all of the rake revenues ourselves, but do it in a manner where we can argue we're holidng up our end of the bargain contractually (providng Empire "a" platform, just not a shared platform with Party's players), giving you a little less leverage contractually, and facing the prospect of having to spend millions and millions (or at least your attorneys on contingency) in order to fight this and have a shot at winning (and maybe still not being "made whole" if you win).

Meanwhile, Party is raking it in (yes, pun). Come and get us, we'll be counting our $$ while waiting for you guys.
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