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Re: ClairvoyantTrader post# 55495

Friday, 11/28/2014 2:06:24 PM

Friday, November 28, 2014 2:06:24 PM

Post# of 72312
I don't think you understand the difference between wagering activities and revenues. The wagering activity reported for October equates to only about 2.5% in revenue. So $10 MM in wagering would be equal to roughly $250k in revenues. If the wagering activity has tripled, then excellent, since that would still only be revenues for 1 month (around $750k a month is a great progression, but somewhat doubtful of those numbers). I would look for news by Wednesday, though, not Monday. An increase of 150-200% in a day may be reasonable if the numbers have doubled, though. 500% increase is almost like wishing on the stars. There is no valid reason it would run that high, especially with the conversions still on the table.
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