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Re: TradeSmart.ai post# 42827

Tuesday, 10/07/2014 3:24:37 AM

Tuesday, October 07, 2014 3:24:37 AM

Post# of 72314
Check out these revenues: "Quote: Elray will receive an up to 48% share of profits generated by the Licensed Casino Operations
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Quote:
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The dominant game which is Baccarat generates a net win to the casino of around 1.75% of monies wagered.
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According to these figures, this first single junket deal alone, which is not even in the Macau targeted market, could potentially produce up to $1.5 million x 1.75% = 26,250.00 per day x 48% = 12,600.00 per day x 365 days = $4,599,000.00 in annual revenue for ELRA.