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Reply To: Huge drop off in earnings

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#678106
Anonymous
Inactive
derhammer wrote:
Well, Party has had a good start in the fourth quarter.

http://www.partygaming.com/images/pre_close_update_07_12_05.pdf

From the report:

“Average daily gross poker revenue up 14% to $2.7 million versus Q3

Daily gross casino revenue up strongly following the launch of blackjack

Substantial cross-selling with approximately 40% of PartyPoker players now playing both blackjack and poker”

“Approximately 40% of PartyPoker.com active players are now playing both blackjack and poker. Whilst this has reduced the poker revenue generated by these players, the overall revenue generated by them during the period has increased substantially. The cross-selling of blackjack to PartyPoker.com customers contributed to a substantial increase in active player days for casino which increased to 1.6 million during the period. Excluding the first week following launch, the gross revenue in casino for the period since the launch of blackjack has ranged between $0.8 million and $1.2 million per day, which is between five and seven times higher than the average for the third quarter.”

hmmm …. that brings a point up in my mind …

Are affiliates getting credit for play if PartyPoker.com cross sell a Blackjack play?
NO – So are you stuck with dwindling poker revenues only?
YES – IF players win in Blackjack does that ruin the poker rake ?
:lookaroun

The ideal situation for an affiliate would be that the “Casino” account is credited to an affiliate in a seperate account – so that large negatives do not affect Poker rake affilaites.

But does anyone know whats happening ?
Are you seeing blackjack stats in your poker affilaite reports ?
:eh: