Quote:
Originally Posted by PPP
That certainly isn't the problem. They make fine income for the traffic they get. The only problem with them is they should get at least 3x the traffic they do.
And of course if they did rakeback they would be total idiots. A US citizen running a rakeback site this huge from las vegas should start practicing picking up the soap. Mason may not be a happy go lucky guy, but he's not eager to make pals in prison either.
Their business model for a US company is excellent. Their savvy in running the poker website part profitably is just not that good.
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Mason's post reveals one interesting tidbit... they sell 250k books a year. That speaks to the value of the company. How much would the publisher average share per book be? I don't know book pricing stuff, but at $10 a book, that's $2.5m a year from books.
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I agree with PPP 100% on these points, that website makes six figures a month and they have an affiliate program for the non US side.