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  Poker - How much money do you think major poker websites make?
 
  #1  
11-07-2006, 4:36 AM
Dingodaddy23
CardsChat Regular
 
Plays at: PartyPoker
Likes: hold'em
Posts: 500
How much money do you think major poker websites make?

Anyone ever think about just how much money a site such as Pokerstars or Partypoker makes in gross income? It has got to be an ABSURD amount. Is there any figures that show how much they make? It has got to be in the MILLIONS WEEKLY.
 

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  #2  
11-07-2006, 10:27 AM
robwhufc
Bloodsport? Nah, just fun
 
Location: Sittingbourne, UK
Posts: 5,517
Read this and find out!

http://www.partygaming.com/annual_report_05/
  #3  
11-07-2006, 10:36 AM
wsorbust
Custom User Title
 
Plays at: Stars
Likes: Ya naked
Posts: 1,976
From Wikipedia:

"For the year of 2005, revenues from online poker were estimated at US$200 million per month."
  #4  
11-07-2006, 11:38 AM
starfall
CardsChat Regular
 
Location: London, England
Plays at: Stars
Likes: Omaha Hi/Lo
Posts: 576
The other impressive thing about Party was that it was basically owned by just a few people when it floated, so they got seriously rich from the IPO...
Speaking as someone who has been involved in web development for about 6 years, it's long been bandied about that the main sectors that make money off the internet are Gambling and Pornography... nowadays the likes of eBay and Google show other business areas that are profitable, but still the revenues from the major net gambling players are still very impressive, and affiliates can potentially build up serious revenue streams by getting a cut of the action.
One thing that can be interesting if you play online a lot is to look up the rake stats in PokerTracker, to get an idea how much they take in rake on the hands that you've played in... and compare that to how much profit you made during that time...
 




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