Does anyone here gamble? Does anyone here play poker live or have played online before? Think a majority of people should do some dd on NJ online poker and Delaware Poker and Nevada Poker. Three states that have online poker. Which has been a huge failure till date. If the license didn't have online casino besides from poker many would have shut down already. For those who don't understand why I'll explain. Due to federal wire law, the pool of players is exclusively to the state itself who has it. You can't have merged States, thus causing tournaments with very few people. Very few mid level cash games and absolutely no high or max cash games at all. Not like 7 years ago before black Friday. Those company's had the leizure of not only having the whole us inside there sites but also international. WSOP in New Jersey has never had a profitable month to date. Average player pool online playing cash and tournaments is 85. Yes California has a much larger population then NJ. But the fact of how the wire law is written there can't be merged states playing this together. Now take into affect whatever amount of people you might guess play. Divided by how many operating sites?? Won't be profitable unless they only allow 2 or 3 licenses for the whole state. Let's say they do that, do you think they could outbid or even outsell themselves to that state over other companys?? Anyone who honestly thinks about this how on earth can they make money? Or even get into the market to begin with really. It's like the writing is on the wall here and no one wants to realize it. You have a board where the moderator has only posted on this board and 1 other board. Of which 98% where on this, dating back to its inception. You have a November vote. A ton of shares on the side that can be introduced in a second. You have celebrity's giving them press, nothing that's solid business wise. Its clear, that come November this will be pumped to run and diluted to .00001. Bob Hope has more of a shot then this company and we all know what hope he has. Can anyone here come up with a estimate of what future income they might have. No numbers thrown out of a hat, based on what they would make per rake by what other States already have made the norm. 3cent rake on hands. WSOP has lost money every month in NJ , they can afford to cause they're in it for the hope it gets legalized nationally. Would really like to here some numbers based on what everyone knows what they would make per hand with no rake, per hand with rake, and per sit and go based on norm, won't mention multi table since there is no profit on that.
