Casino Talks

Posted by: luckystrike at November 11, 2005, 10:38 am

Topic: Vip taken over English Harbor casino group? Forum: Winner Online

Its not just acquisition To me it seems that we are going back to the DOT com days lofl - paying crazy amounts of money for an online casino -I know for one that Acropolis/Avalon Casinos were bought for around $8.5 million back in year 2000 and Stanley Acropolis classified this investment capital as 'bad debt' just a couple of years after - i.e. debt which they had lost hope of recovering from their original investment... - so how come we are seeing so much money being poured for 'virtual operations' ? To me it doesn't make much sense.

And another thing - VIP Sports is in itself an old brand - why pay so much money to buy English Harbour (which has inferior software anyway?).

And then there's the PartyPoker saga fancy comparing PartyPoker to Google lofl -> there's only one direction for PartyPoker's shares in the long run - DOWN!!

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