Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook Message Board

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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook

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To: M_Power who wrote (217)	4/28/1998 12:07:00 AM
From: THOMAS GOODRICH	Read Replies (2) of 8858

I can't honestly say I've heard of any operations taking in $3.5 billion annually, however, I am aware of several sportsbooks/casinos netting >$3.0 million per month. Web based sportsbooks/casinos should average approximately $2.0 million in gross wagering weekly totalling $8.0 million monthly with a net profit of approx. $3.0 million. At an average of only $5k daily net Starnet's net profit would total only a paltry $1.8 million annually. That would certainly not appease many investors. Maybe sex holds the trump card here!<g>

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