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#1
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Party fell 30% after slower than expected customer growth. Perhaps this is what incited the rake increase...
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#2
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Source?
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#4
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Variance?
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#5
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How much growth did they expect and what was the actual result? Hopefully we are not seeing a decline in the whole industry already?
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#6
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Yes, the tables are drying up and all the fish are gone. Poker as we know it is done, and this is just a sign of what's to come. Start looking for desk jobs, people.
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#7
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Source: Bloomberg News
Variance: nope It's a maturing market based on a skill game that takes money and a time commitment to succeed at. When Tiger Woods hit the pros (and TV!), everybody pulled out the clubs and dreamed of the Masters...huge growth...then all those newbies realized...it's expensive and tough. No different here. There will still money to be made after the tourists are gone, but it'll be tougher. J P.S. If someone tells me how to post and image, I'll post a screen shot of the article on Bloomberg News. |
#8
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<font color="red"> When Tiger Woods hit the pros (and TV!), everybody pulled out the clubs and dreamed of the Masters...huge growth...then all those newbies realized...it's expensive and tough. No different here. </font>
Uh, I believe gold is still a pretty booming industry. |
#9
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Yeah, this is defintiely something that will happen. I've noticed the tables gettig tougher lately, on a variety of sites.
It was very well bound to happen. We'll see what the next couple of months bring. |
#10
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Did anyone short?
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