Goldfinger wrote:
What I put in my earlier post was the whole article. The latest financial information on their site can be found here
As you can see it´s a roaring cash machine. Bear in mind the 100 million they spent on marketing.
As you can see it´s a roaring cash machine. Bear in mind the 100 million they spent on marketing.
Thanks for the link … very insightful …
So many things leap out.
1) More than half their revenue is declared as coming from the US (illegal !) :devil:
2) A profit of $50m pre-tax – and they pay only $2m in tax (surely illegal?) :satisfied
3) Their Chief exec gets $2.2m a year, their CTO just $0.25m
4) Poker has jumped from $8m rev – to $123m rev in 2 years !! :nervous:
5) I can’t see the line item for “Spammers and Scrapers) in there …
:hehe:
Very interesting reading – but it does take a while to wade through the advertising brochure …
This company is very exposed to US legal manouverings …
:popcorn: