#21
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Re: So party just made a hugely profitable move
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[ 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%. [/ QUOTE ] I stand corrected! |
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