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Friday, May 13, 2011 10:48:32 AM
Bloomberg: April 25 - May 1 2011 Page: 76
THE CASINO NEXT DOOR
I am beginning to read an article in Bloomberg talking about Internet sweepstake cafes. SweepsCoach recently set up a top-of-the-line cafe with 50 computers that made $20,000 profit in its first weekend. Staffing is cheap. According to Mecham, sweepstakes cafes typically pay around 25 to 35 percent of their net take back to the sofware companies as part of a long term revenue sharing agreements... (HUGE)
Some of the new software companies are peddling lousy products. In less than a decade, sweepstakes cafes in the U.S. may have become a 10-15 billion industry...
Will have to read more...
You get where I am coming from gaming in general and if DNAD hooks up with gaming folks knowledgable about product and they work together to deliver a hot platform.
Huge very huge... that $1 target gets more realistic every day..
glta...
Again thanks Fergus for the information.
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