That's a fancy letter saying hey we're gonna try but this is why we might not be able to. With a legal jumbo stuff to alter the real points. It's only a prelim, like I said they never filed for a license. As far as their might be partner that is tied to partypoker I believe and I'll have to check, and I will that company's affiliated with PartyPoker is only using their server. So another words if tedspoker.com wants to send it's user's into tables on PartyPoker. Whether it's cash or tournaments. Most of the time it's tournament poker. So that a bunch of sites with different names all tie into each other and can tie into bigger sites. Now even if they got a nevada license you can only except NEVADA residents, that's the point. It's not going to be the same market as before black friday. Each state will not let there resident's play on other states site. Now if your Zynga and it get's legalized nationally then you avoid this. But right now it's right there, and it's not moving anytime soon. New Jersey same thing, when it's up and running, and there still saying November 1st this year, I doubt it, more like next year, they just don't want to announce it before the summer. But if I go open a account here in NJ say at the Borgata I can only play in a pool of new jersey residents. So there going to have to get gaming license in every state. That's a huge dollar figure well over 90 million in total. It's at least 1.5 mill each sate. So let's say they do get into nevada. Their pool of player's are only nevada residents. Not the whole us, or even NJ resident's that are also legal and up and running. Before your one site was open to the whole world. Number's will be way down. But chain Casino's like harrahs, etc that have multiple casinos in every state already, already have the process done. It just has to get up and running, no cost, where zynga will have to pay a ton. Online gaming isn't really a poker play, it's a table game and slot money game. Cause you're gonna profit 200 fold over per poker player. I don't see online poker working until it's nationally approved cause of all this states not wanting to lose their tax money off their residents. Online poker was great because you had a million user's on one site. It's not going to be like that until it's nationally approved. If I'm a player I open a harrahs account, I got a user base of about 30 states, where Zynga has to go state by state or just hup it out of Nevada and bunker down until it get's nationally approved. That's the only play I see, hunker down, but they're going to need table games and slot machines, and if you really wanted to you can take sports bets from only Las Vegas citizens. So don't go crazy on the sport betting most people who live in vegas are workers, and the gamblers that live there, they're there to bet it at the casino, that's why you move out there. The letter clearly states what I've mention all above but just in a more positive outlook. I'm just keeping it real. I hope it hits 20 fold for you. But you have so much to do to get a gaming license in state after state. It won't work online poker like before until it's nationally done. State by State and regulated by 50 different states is crazy. Hey It's a high risk stock, I'm just saying even if you hit a grand slam your still not home. They need it nationally done regulated by the US government. Then it can be addressed because by that time, we will see how this state by state thing will work. Too risky
