October 4, 2011 at 9:20 pm
#818832
Member
@Rak 232041 wrote:
The poker business model makes more sense the casino business model.
With poker, if your room is raking 1mill a month, you know exactly what your gross earnings are, affiliate payments, fees etc.With Casinos it doesnt work that way, you can be a room who has pulled in 500k in deposits, but if you have a run of winners who – you’re losing money, how much you dont know, even though you pulled in 500K a month in deposits.
The next month, that 500K in deposits might not have many winners, and you could be sitting in a better position.
I suppose casinos have to disregard short term reports because of the luck factor. They probably pay more attention to quarterly reports.