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Toxic Avenger

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Toxic Avenger

Re: Jshitbird post# 117603

Wednesday, 03/29/2017 1:58:29 PM

Wednesday, March 29, 2017 1:58:29 PM

Post# of 119915
Turnover refers to the amount wagered. It is not reported on BETS Income statement
Gross Gaming Revenue is the amount the house took in.
Promotional allowances are (direct) expenses they incurred to earn the GGR.
The difference (negative last Q) is the gross profit (or loss in this case).

Then overhead (Selling, General & Administrative) costs are subtracted to yield operating profit (or loss in this case).

Lastly, other costs - depreciation, interest, currency conversions, etc. are subtracted to get net income.

TA - Over $500 million in toxic funded pump and dumps exposed and growing every day!

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