SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Sungold Gaming International (SGGNF) -- Ignore unavailable to you. Want to Upgrade?


To: Archangel who wrote (4982)9/14/2000 2:00:59 PM
From: kidl  Read Replies (2) | Respond to of 5164
 
Your wish is my command :-)

Assuming that an appropriate marketing plan will be put into place, I see no reason why HP shouldn’t turn into a very lucrative cash cow for Sungold.
I’m stressing marketing because the I-gaming industry works on the assumption that every well placed marketing dollar returns $5 in net profits.

Having followed the evolution of the I-gaming industry for the last 3 years, I see a number of key factors that gives HP an edge over other I-gaming operations:

- HP’s 25% house take or handle is 5 times higher than the industry average of 5%.

- HP does not require any player skill, which puts it on the same level as slot machines, still by far the most popular game in cyber space.

- HP offers a progressive jackpot, the lotteries claim to fame, but with the added advantage of instant gratification versus having to wait days or weeks for the actual draw. Microgaming, one of the top I-gaming software houses, has recently added a progressive jackpot feature to some of it’s casinos, which resulted in very impressive increases in casino traffic.

- HP will also be available in a land based version that can be sold / licensed to casinos and racetracks.

- One other very important factor is HP’s multi-language feature. Gambling in Asia and Europe is not a vice, it’s an accepted and cherished part of life.

Finally a word about the non-existing comments about HP on the various chat lines:
It is absolutely typical!!!
Check out any of the I-gaming related chat lines on SI, SH and RB. Rarely will you find a comment from an actual user or for that matter, a comment about the software or it’s performance.
I can only surmise that I-gaming investors get their fill of gambling by investing in these stocks and thus see no need to become actual customers of the companies they have invested in.
Comments about HP, I received by email or PM, seem to support that theory since I have yet to find one single Sungold shareholder who was or is a “regular” at other I-gaming sites.
As for myself, I have invested in numerous I-gaming companies over the years and I have yet to spend my first I-gaming dollar …