This company could be a bombshell, look this is overlooked, what these guys are moving into is worth no less than 25 million a year to start. The online gaming business is expected to hit 50 BILLION in the next year, check it out yourselves, honestly they are about to submit to the US govt with top legal assistance, this thing could hit the moon. Any neg`s let me know, I know the busines so any questions, no problem.
Posts: 94 | From: Canada | Registered: Sep 2003
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Can you tell me more. I breifly looked at their web site. Can you tell me if these guys are different than any other online casino? And if so how? Are they a Cdn. company? Do you have any links to get more info? Do you know how long they have been in business? Any other info would be appreciated.
quote:Originally posted by MacSusan: Can you tell me more. I breifly looked at their web site. Can you tell me if these guys are different than any other online casino? And if so how? Are they a Cdn. company? Do you have any links to get more info? Do you know how long they have been in business? Any other info would be appreciated.
Yes hello. They are very different in the sense of the legal approach. Instead of running an online game and casino of chance, they are running poker tournaments, which actually have in them a large entity of skill combined with chance. They are based out of Van, and are a pink sheet. They have been around since `99, they are about to approach the US courts and are trying to become the first recognized legal online gaming entity. The whole point with online gaming is this, the FEDS want tax dollars, and what the offshore companys have done is tax evade. Paradise Poker for example offshore in the Carribean in their first year of operation made over 50 million u.s. net as stated, the estimated online gaming indutry in 2003-2004 is etimated to be 50 BILLION world wide. Now if any company can entertain the FEDS and give them a peice of the pie in tax dollars, as well become labeled publically and endorsed as the legal place to online game, this stock will go right through the roof. They have around 20 mill shares out, a pittence. As well, the WSP world series of poker was won in 2003 by a fellow that won a seat at the table via an offshore gaming site, that had a deal with Binnions HorseShoe Casino of Vegas. If and when the Skill Poker people get the green light , and are labeled legal for US customers, the flood of clientele and income going from offshore to onshore, allied with the IRS and Vegas will be explosive. The only ones that are legally listed so far are the software companys, Chartwell and Cryptologic which have dealt their customers a huge return in past few years. You see the IRS and Cdn govts are at a loss, they must legalize a onshore site, they havent a choice or basically shut the net down, they will and can not stop online gaming, so better join them and join up with a legal onshore site amd start collecting a peice of that 50 bill in revenue. As well I believe that Skill Poker is willing to sell the software and collect royalties, tournament poker is actually becoming the game of choice in the offshore poker sites, they really are onto something, so they run their site, collect royalties from any buyers, and also you will read the Horse racing software they have just obtained rights to. I myself have plyed Holdem poker allover North America, have checked out many offshore sites, and I do know that, with the legal team, the correct approach to Congress, the alliance with the IRS, its straight up, what Skill is about to do is attempt to gain a legalization from the Fed Govt, and at those tax dollars they would be fools to not allow it. My money personally is on skill, at .20 cents, as I have stated before, on a few companys, I am not afraid to hold. You will remeber me touting GBI, take a look where they have gone in past 30 days. What my point is, one may not be able to day trade LPLE, but if they go, they go to the moon. This is worth a few hundred I am sure anyone would agree.