thanks got saying I am somewhat balanced because I really do try to share information ... good and bad ... for instance, my wife likes WTP so I play with her sometimes ... and, I just noticed the Honda tie-in is no longer there ... what's up with that? I thought that was an excellent sign/development ... why did that go away? Anyone?
murph ... what I alluded to the other day was the recent comment from Zynga that said (again paraphrasing), "we are extremely pleased with our partnership with bwin ... they have a lot expertise in online gambling which we can "leverage" going forward" ... the word leverage is new ... to me it indicates a willingness to either "go it alone" or "lead the effort" ... I say this because it is a fact that bwin is well beyond the normal timeframe for licensing in NV and it is very possible that their merger with PokerParty (a confesses Bad Actor that never settled in any way) is holding up their license ... with that being said, a brick-and-mortar casino for either bwin, zynga, or a merged bwin/zynga (after Zynga get licensed) would be a strategic move ... as the article I posted earlier said, "there is a lot of interest in the casino" ... Zynga paid $180 million for OMGPOP because they had Draw Something ... how much could they pay for the casino that would form the basis of a whole new strategic direction for the company
Awesome post socialboom!! Keep us posted ... another piece of real information provided by the longs ... and, what do you get from the shorts ... doubt, fear and misinformation
There simply is not a better opportunity ... if the Federal Bill does not pass (which seems likely at this point according to Reid), then NJ will be the center of the US online gambling market simply because they offer all casino games not just poker ... Reid will go insane ... NV casinos will likely consider opening up all casino games in order to compete ... but, what does a casino in Vegas cost ... a heck of a lot more than a bankrupt casino in Atlantic City that's for sure ... this is an opportunity which must not pass ... buy the casino!!!
Everyone please recognize thread was started by Arbourdouche with the blueskdr"l"ving profile
Betsypower ... well I agree but something's to consider ... Zynga's recent press release had Barry say (and I'll paraphrase here), "we like our partnership with bwin ... the have a lot of expertise in online gambling that we can leverage going forward". So, what does he mean by "leverage" ... with a brick-and-mortar casino, Zynga or bwin would not need a "partner" ... they would own the game ... social real money gambling in the US market is not "owned" by the big casinos (loaded with debt) ... that is why they are so scared of it ... to get an online license you must be partnered with a brick-and-mortar casino ... unless, you "are" a brick-and-mortar casino ... it would be a lot cheaper for Zynga to buy a bankrupt casino in Atlantic City than LVS build another Zynga ... keep in mind that bwin merged with PartyPoker (a admitted Bad Actor) ... by my math, bwin is overdue on hearing about their NV license ... there may be issues ... Zynga is in a drivers' seat
It would be a bold move for Pincus to buy the casino ... it would definitely turn heads ... I don't know if he has it in him ... hey Pincus, grow a pair and buy the casino ... sorry, it's a Friday and were watching Old School
Yes, I know ... thanks for pointing it out ... it's just strange that Congessman King from NY thinks he has the support and Reid says it has no chance ... if the Federal Bill does not pass and NV limits it to only online poker, it seems like NJ is in the driver's seat nationally since they allow all online casino games ... Zynga would be very smart to buy the NJ casino
If the Federal Bill is dead (although King would disagree with that) then bring on online casino games! And, Zynga buy the casino!!
Registering and playing for money are different animals ...
Ultimate Poker Chairman Tom Breitling didn’t want to reveal any official numbers for the website’s first few days, which can only accept wagers from gamblers playing on computers or mobile devices located within Nevada’s borders.
It is a no brainer because if the Federal Bill passes, Zynga has the option to go it alone nationally if they have a brick-and-mortar casino ... you won't find a cheaper one than a bankrupt casino in Atlantic City ... options
Good morning lee and mark ... I did not see anywhere about "two years" for a Texas vote ... but it is the threat of States like Texas that will get the Federal Bill passed ... and, that will move us forward
I'm sure you are very knowledgable ... but, every institution in the world gets somewhat creative to look their best ... especially institutions with shareholders ... if only there were inspections to truly certify performance ... oh, wait a minute:
Fiscal year-to-date, the average number of findings related to reaccreditation determinations was 0.91 per campus, down from 1.75 findings per campus 2 years ago.
It will move fast because the Congress (and especially Reid) wants to restrict our rights and limit our freedoms by getting control before it goes State by State ... he wants to protect Vegas casinos. But, like I said, it moves is forward.
Actually, it looks like they do not know the final format of the Bill yet ...
Further details about the bill have yet to be released. It is not known if this will be an opt-out bill, where states will automatically have online poker legalized unless they specifically choose not to, or an opt-in bill, where no states are included until they decide to be.
While Davenport believes in the supply & demand side of shares traded, I believe more in the supply & demand of job opportunities. So, which is a greater reality in our day. As I pointed out earlier, only a small portion of any given day's volume is actually real. The rest of the trades are high frequency or ghost trades by institutions to create an image they desire (to cover a short or perhaps add millions of shares at the right price). "We" are currently at a price-to-book ratio of .29x ... ridiculous. This is a ridiculous price level for a profitable company with revenues over $1.5 Billion, free cash flow over $100 million, and a debt of $30 million. Non-ATB enrollment is growing. Institutions like GS, Well, and the Washington Post are buying.
So, let's talk about a truly functioning supply and demand. Jobs. The economy has been stuggling. You do not have to look very hard to find an article about high unemployment numbers amongst college graduates. All college graduates from Ivy Leaque to your local community college are stuggling to place graduates. College tuition is outrageously expensive. There is a role for institutions like COCO to provide an education for a reasonable price.
I believe we are at (or very, very near) the bottom for the for-profit education sector. glta
You're not disagreeing with me at all ... I've already said, "Pincus buy the casino!" ... I just said that he is most likely waiting to see how the Federal legislation proceeds ... he seems to be very conservative lately ... which is good for the balance sheet I suppose ... but, we do not disagree at all ... buy the casino, buy the casino, buy the dang casino!!!!!!