poker stocks

[MRPICKLES 0]

World Poker Tour (WPTE) has been taking off as of late. I have heard of a few IPO that are "coming" but I am not having any luck finding them. Rumors have been Poker Stars, and or Party Poker. Anyone have any ifo on this?? [/b]

[Smasharoo 0]

http://www.playwinningpoker.com/guides/party-poker/I'd tread lightly.that's just me though. If the US ever decides to pass some nuttly law, it could cripple the industry.

[justblaze 0]

http://www.playwinningpoker.com/guides/party-poker/I'd tread lightly.that's just me though. If the US ever decides to pass some nuttly law, it could cripple the industry.

how so? the company is not based in the US, the listing will be in London, and theyve already figured out pretty sneaky ways around the advertising laws. The conservative right is obviously opposed to any sort of gambling not operated by the state, so if they had found a way to cripple the industry you would think they would have implemented it by now...

[wilheldp 0]

They have already sufficiently scared most credit card companies out of allowing transactions directly with gaming websites. All they have to do is the same thing with the likes of NetTeller and IGM Pay and/or block the IP addresses of the online sites and/or pass laws making online gaming illegal, period. That would deter a lot of people from playing just on the off chance that ISPs start turning in names of those that are gambling. The reason that nothing has happened so far is the fact that our government is slower than molasses in winter.If the US gov. does act against online gaming, it's not going to matter where the site is incorporated. Without the US market, gaming sites will not have enough players to sustain profits.

[Smasharoo 0]

how so? the company is not based in the US, the listing will be in London, and theyve already figured out pretty sneaky ways around the advertising laws. The conservative right is obviously opposed to any sort of gambling not operated by the state, so if they had found a way to cripple the industry you would think they would have implemented it by now...The government moves at a glacial pace untill the news cycle demands something and then it's moral panic time. If a couple of 15 year olds kill themselves beause they lost money stolen from Mom's credit card at Party, who knows what will hapen.The legal situation is unlcear is all I'm saying. I'd find better places to put my money. I'm not an investment banker, though, so do the due dillihgence and do what you is goig to make you the most money.

[justblaze 0]

how so? the company is not based in the US, the listing will be in London, and theyve already figured out pretty sneaky ways around the advertising laws. The conservative right is obviously opposed to any sort of gambling not operated by the state, so if they had found a way to cripple the industry you would think they would have implemented it by now...The government moves at a glacial pace untill the news cycle demands something and then it's moral panic time. If a couple of 15 year olds kill themselves beause they lost money stolen from Mom's credit card at Party, who knows what will hapen.The legal situation is unlcear is all I'm saying. I'd find better places to put my money. I'm not an investment banker, though, so do the due dillihgence and do what you is goig to make you the most money.

fair enough. I still think anyone who is lucky enough to get their hands on some of that IPO is going to be very very wealthy.

[nealdo17 0]

http://www.playwinningpoker.com/guides/party-poker/I'd tread lightly.that's just me though. If the US ever decides to pass some nuttly law, it could cripple the industry.

how so? the company is not based in the US, the listing will be in London, and theyve already figured out pretty sneaky ways around the advertising laws. The conservative right is obviously opposed to any sort of gambling not operated by the state, so if they had found a way to cripple the industry you would think they would have implemented it by now...

The fact still remains that "gambling" in the U.S. is illegal outside of sanctioned casinos, dogtracks, etc. Trade embargos/restrictions can be limited/eliminated even via the internet. Even though all money transactions are happening off shore, the act is occuring on home territory. I really think if they wanted to stop it they could. PS - loved the "conservative right" assumption(sw). Its more the "religious right" that has issues with gambling

[bdc30 0]

If a couple of 15 year olds kill themselves beause they lost money stolen from Mom's credit card at Party, who knows what will hapen.

You raise a scary point. I wouldn't be surprised if thishas already happened somewhere. All it would take is a mother somewhere to call Dateline NBC or one of those shows, and start the snowball rolling, and who knows whatwould happen to our favourite pastime.

[justblaze 0]

http://www.playwinningpoker.com/guides/party-poker/I'd tread lightly.that's just me though. If the US ever decides to pass some nuttly law, it could cripple the industry.

how so? the company is not based in the US, the listing will be in London, and theyve already figured out pretty sneaky ways around the advertising laws. The conservative right is obviously opposed to any sort of gambling not operated by the state, so if they had found a way to cripple the industry you would think they would have implemented it by now...

The fact still remains that "gambling" in the U.S. is illegal outside of sanctioned casinos, dogtracks, etc. Trade embargos/restrictions can be limited/eliminated even via the internet. Even though all money transactions are happening off shore, the act is occuring on home territory. I really think if they wanted to stop it they could. PS - loved the "conservative right" assumption(sw). Its more the "religious right" that has issues with gambling

they're not the same? (before you flame, im canadian and as such lump all americans together into the 'conservative right' )

[nealdo17 0]

how so? the company is not based in the US, the listing will be in London, and theyve already figured out pretty sneaky ways around the advertising laws. The conservative right is obviously opposed to any sort of gambling not operated by the state, so if they had found a way to cripple the industry you would think they would have implemented it by now...The government moves at a glacial pace untill the news cycle demands something and then it's moral panic time. If a couple of 15 year olds kill themselves beause they lost money stolen from Mom's credit card at Party, who knows what will hapen.The legal situation is unlcear is all I'm saying. I'd find better places to put my money. I'm not an investment banker, though, so do the due dillihgence and do what you is goig to make you the most money.

fair enough. I still think anyone who is lucky enough to get their hands on some of that IPO is going to be very very wealthy.

Good point. I think there is absolutely no doubt the IPO and following months will be a "boom" to say the least. For those who "hit & run", this is your stock!

[nealdo17 0]

Blaze,No doubt they are closely related, but they are not one in the same. This is hard to ezplain which proves in itself how closely related they are and that your statement was not absolutely a false assumption. I used to be extreme right which adheres to principles of the conservative and religious. Now I am more towards Libertarian, which is more about rights and liberties than specific interests(ten commandments, preayer in school,etc). The conservative right is more focused on policy issues, taxes, etc , but still form a majority of their decisions in line with their religious beliefs. The conservative right is more concerned with social issues that are influenced by their religious beliefs. If you drew a Venn Diagram of the two groups, the majority would overlap. I hope this makes at least a little bit of sense??? :roll:

[princeof56k 0]

Two reasons I would be worried about these companies:1. Poker is hot right now and in the spotlight. Traditionally thats not the time to buy.2. If online Poker is ever made completely legal, expect the B&M casinos to make a big push. In that case I would expect a good portion of the online sites be bought out, but some will come close to going out of business before being bought.In the early stages of any industry, its difficult to tell what will happen.

[KidKanuck 0]

http://www.playwinningpoker.com/guides/party-poker/I'd tread lightly.that's just me though. If the US ever decides to pass some nuttly law, it could cripple the industry.

The Asian, Europen and other non U.S. markets combined make up more than 90% of the Igaming industry(all online wagering) the US could pass a law that closes the door and that wouldn't come close to crippling the industry...might slow it down like a bug on a windshield...but that's about it.Of course they can slow down or stop growth in the US markets which there is a great deal of potential ie the sports betting market which currently is closed due to the Wire Act....the US has no say in this matter when it comes to other jurisdictions participation.To the OPif you are looking to invest in public online gaming companies of any sort...definitely look to solid brokerage advice that has experience in this sector...I would suggest researching a firm in the UK would be a good place to start.KK

[Royal_Tour 0]

how so? the company is not based in the US, the listing will be in London, and theyve already figured out pretty sneaky ways around the advertising laws. The conservative right is obviously opposed to any sort of gambling not operated by the state, so if they had found a way to cripple the industry you would think they would have implemented it by now...The government moves at a glacial pace untill the news cycle demands something and then it's moral panic time. If a couple of 15 year olds kill themselves beause they lost money stolen from Mom's credit card at Party, who knows what will hapen.The legal situation is unlcear is all I'm saying. I'd find better places to put my money. I'm not an investment banker, though, so do the due dillihgence and do what you is goig to make you the most money.

fair enough. I still think anyone who is lucky enough to get their hands on some of that IPO is going to be very very wealthy.

Good point. I think there is absolutely no doubt the IPO and following months will be a "boom" to say the least. For those who "hit & run", this is your stock!

i doubt that.. I've followed a lot of poker related stocks, most of them television production areas, but regardless, they have not been doin very well at all.

[justblaze 0]

Two reasons I would be worried about these companies:1. Poker is hot right now and in the spotlight. Traditionally thats not the time to buy.2. If online Poker is ever made completely legal, expect the B&M casinos to make a big push. In that case I would expect a good portion of the online sites be bought out, but some will come close to going out of business before being bought.In the early stages of any industry, its difficult to tell what will happen.

1. traditionally IPOs in hot markets make tremendous gains very quickly. whether or not they sustain those gains is another story. Im not suggesting the PP IPO would be a good longterm stock, but i expect you could double or triple your money within a week if you were to get a piece of the initial offering. 2. Thats good news for partypoker shareholders. When companies buy other companies, they have to convince the stockholders to sell. Money is very convincing.

[nealdo17 0]

I have to agree with Blaze on this one, only not the relative short term he referred to (2-3 times growth in a week). However, it has been seen before in Biotech, communications software, and other tech stocks that large gains can be achieved in the short term with these "hot" stocks. Are there any other online gaming stocks that have been out for awhile? I would like to see those trends. Also, I dont thin that an online gaming community would be in the same category of poker television. TV makes their money through advertising and which takes a longer time to establish unlike a poker site. As soon as you have tables you have rake. Once you overcome your initial investment, you are running pure profit minus promotions and operating costs. I have to imagine the sheer volume of players on PP and their current software structure leaves them banking a sizable profit daily. Those numbers will be awesome to see once they open their books for an IPO.

[justblaze 0]

I have to agree with Blaze on this one, only not the relative short term he referred to (2-3 times growth in a week). However, it has been seen before in Biotech, communications software, and other tech stocks that large gains can be achieved in the short term with these "hot" stocks. Are there any other online gaming stocks that have been out for awhile? I would like to see those trends. Also, I dont thin that an online gaming community would be in the same category of poker television. TV makes their money through advertising and which takes a longer time to establish unlike a poker site. As soon as you have tables you have rake. Once you overcome your initial investment, you are running pure profit minus promotions and operating costs. I have to imagine the sheer volume of players on PP and their current software structure leaves them banking a sizable profit daily. Those numbers will be awesome to see once they open their books for an IPO.

they're operating on a ridiculously high profit margin (somewhere around 60-70% i believe). thanx for the american politics explanation, btw, that stuff confuses the hell out of me.

[princeof56k 0]

Two reasons I would be worried about these companies:1. Poker is hot right now and in the spotlight. Traditionally thats not the time to buy.2. If online Poker is ever made completely legal, expect the B&M casinos to make a big push. In that case I would expect a good portion of the online sites be bought out, but some will come close to going out of business before being bought.In the early stages of any industry, its difficult to tell what will happen.

1. traditionally IPOs in hot markets make tremendous gains very quickly. whether or not they sustain those gains is another story. Im not suggesting the PP IPO would be a good longterm stock, but i expect you could double or triple your money within a week if you were to get a piece of the initial offering. 2. Thats good news for partypoker shareholders. When companies buy other companies, they have to convince the stockholders to sell. Money is very convincing.

Arent IPOs usually know as lousy investments? Sure we've all heard of the Microsofts, but they are greatly out numbered by those that go down the tubes. I'm not a big fan of short term investing (considering that most of the people that try it get creamed).And buy outs would be good, only if the company you own is one of the first to be bought (so there's some gamble there). If the B&M decide to develope there own software (which I doubt) or the company you own is at the end of the line (which is much more probable), the B&Ms will try to buy it at a discount. Once the buy out is announced you will see a spike, but thats usually after the large drop off. This is because they are not being bought so that the B&Ms can run the company. They are bought for the registered users and software in place.