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Non-Tech : SIMMD - Hot Casino Gaming Deal

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To: THOMAS GOODRICH who wrote (32)4/14/1999 11:14:00 PM
From: Whisperer!  Read Replies (1) of 80
 
Actually the numbers I've been told work out pretty good Thomas. Casino Pirata can expect to see gross betting on there site of approximately $5 million USD per month within 12 months of being operational. You are close with your facts, but they will actually earn about 15% of gross bets...or around $750,000 USD per month in income.

What are missing in your statement to Mr. Phillips is that of course you always need good management in any company. So of course buying the franchise is only part of the deal. I'm still waiting to see the CV's on this companies management.

The third part of this equation will be the promotion of the actual site. The company told me they are planning to spend upwards of $1 million USD in advertising their site.

So...unless you have about $1.75 million USD to spend on your own turn key package:

$1 million - Advertising
$250,000 - Shell Company
$150,000 - Casino Franchise
$350,000 - G&A

You might just want to pony up and take a position in Casino Pirata who did just that.
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