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PartyPoker.com Made $600 million Last Year PartyPoker.com Made $600 million Last Year
Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 09-08-2004, 12:34 AM   #1
WWC
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PartyPoker.com Made $600 million Last Year
in Revenue....DAMN!!!!
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Old 09-08-2004, 12:35 AM   #2
Strife
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Damn..I'm in the wrong biz...
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Old 09-08-2004, 12:37 AM   #3
Semi-Retired-Dave
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Where you getting the resources?
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Old 09-08-2004, 02:03 AM   #4
Trafficbrokercom
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Profit of Partypoker.com estimated @$100-$200 mio/year:

http://www.morningjournal.com/site/n...A G=461&rfi=9
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Old 09-08-2004, 02:07 AM   #5
reynold
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bloody hell! that's an enormous money!
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Old 09-08-2004, 03:38 AM   #6
rakeback
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The largest site, www.partypoker.com, is estimated to be making $100 million to $200 million in profit a year.



Um 200 mil is not = to 600 mil.
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Old 09-08-2004, 04:30 AM   #7
uchase/webpry
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Quote:
Originally posted by reynold
bloody hell! that's an enormous money!
well, I am not a poker player, but isn't poker the only game where the bank can not win?

how do they make their money? do they take a percentage of the bids?
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Old 09-08-2004, 04:34 AM   #8
Nicky
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Quote:
Originally posted by uchase/webpry
well, I am not a poker player, but isn't poker the only game where the bank can not win?

how do they make their money? do they take a percentage of the bids?
they take a rake, usually around 5% of the total money played......
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Old 09-08-2004, 04:34 AM   #9
uchase/webpry
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Quote:
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they take a rake, usually around 5% of the total money played......
thanks
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Old 09-08-2004, 05:46 AM   #10
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http://www.sportingbet.com/images/investor/power25.pdf ...

iGlobalMedia is #5 on that list..
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Old 09-08-2004, 07:21 AM   #11
warlock5
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Ok, I'm leaving the US and starting a poker site tommorow.
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Old 09-08-2004, 07:22 AM   #12
pornstar2pac
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Quote:
Originally posted by Nicky
they take a rake, usually around 5% of the total money played......


10% or around on Tournaments


so when you see a $100 buy-in tourney

it will look like this $100+$9 buy-in

Party poker always has thier $200+$15 quarter million dollar prize pool once a week and they get 1,200 players to buy in.. so that tourney alone they make $18,000
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Old 09-10-2004, 01:21 AM   #13
WWC
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Quote:
Originally posted by CyberAge-Dave
Where you getting the resources?
I know the owners personally....
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Old 09-10-2004, 01:22 AM   #14
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Holy crap.... nice man very nice
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Old 09-10-2004, 01:24 AM   #15
Hosting-Quote
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Iglobalmedia is a HUGE company, and online poker is growing rather rapidly too.


ps see sig ;)
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Old 09-10-2004, 01:36 AM   #16
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Quote:
Originally posted by rakeback
The largest site, www.partypoker.com, is estimated to be making $100 million to $200 million in profit a year.



Um 200 mil is not = to 600 mil.
look up the definition of revenue.
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Old 09-10-2004, 02:08 AM   #17
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Everyone loves poker, and more and more are playing it since the broadcast of poker tourneys on tv.
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Old 09-10-2004, 02:11 AM   #18
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hmm i know someone who has an under 5% interest in that company... and to think I paid for dinner last!! that mother fucker
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Old 09-10-2004, 02:13 AM   #19
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Quote:
Originally posted by kmanrox
hmm i know someone who has an under 5% interest in that company... and to think I paid for dinner last!! that mother fucker
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Old 09-10-2004, 03:00 AM   #20
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mike sexton has a big stake in that company?
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Old 09-10-2004, 11:18 PM   #21
WWC
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Quote:
Originally posted by robfantasy
mike sexton has a big stake in that company?
yes, not that big but even a small % with that high volume makes it big...he is the spokesman for them...
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