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That’s a positive press release meaning that they are planning on remaining in this business for years to come.
What an interesting statement:
• Steady growth in poker and bingo revenue, together on track to exceed 10% of 2003 revenue, up from nil in the second quarter last year;
I wonder how much of this was poker versus bingo. For example, 9% poker 1% bingo? 9.9% poker. 0.1% bingo?
Antoine
If I had to guess I would say the ratio is very close to 95% poker 5% Bingo in terms of new revenues.
I am earning decent revenues with Poker now, but Bingo has never created more then pocket change at my sites.
That is encouraging, especially since I do own some stock there.
Casino folk and Bingo folk are completely different animals and they rarely mix.
I noticed some occasional mixing by female slots players. That is why so many bingo sites also offer slots.
Bingo is being marketed all the wrong ways. Casinos jumped on Bingo and tought they had the marketing all in place. Big mistake.
I feel stupid for not having any crypto stock… but i stayed away from anything gambling related due to the uncertainties with the law. I have made a killing with looksmart and overture a few times. Nonetheless I really wouldn’t touch overture at these levels
Antoine
I forgot to post that i agree with you about bingo being marketed the wrong way. Then again bingo halls are in every two bit town and bingo is so accessible versus poker rooms.
I did consider the possibility of starting my own bingo room with the same software that powers party bingo, they are more or less the microgaming of bingo. To summarize it would cost 50k upfront plus a small licensing fee, and then the bingo room would share players with other bingo rooms in a set up similar to prima poker.
I think that if the top webmasters invested in this we would make a killing, but i’m personally not considering it unless laws in the us improve since bingo more than any other type of gambling is a north american phenomenon.
Antoine
