March 4, 2007 at 11:40 pm
#729515
Inactive
TheGooner wrote:
A true 30% share of profits (with bundling and negative turnover) of the casinos $46k profit is just $13.8K.
When I run those numbers they do make sense Paul, but only if you assume the big losses are coming out of the total profit to the casino, and you simply cannot count money paid to a big winner by the software provider as a loss against the profit to the casino. So I think you can take those 2 big $10K loss months and just add that $20K to the casinos bottom line for the year, and your numbers are going to be way different. This also raises the question for me how many winners are paid from a jackpot fund from the software provider, yet affiliates are hit with the loss. Does this ever happen?