i think mergers are great. i always deem them as good good news.
it makes a book stronger and it shows power.
it also removes weaker and suspect books, it increases their volume and customer base so now they have more capital to play with and they can offer the players more things like early lines props bonuses and reduced juice.
also when THE SHRINK posts about them, he usually seems upbeat about it so that also leads me to believe they are good.
it makes a book stronger and it shows power.
it also removes weaker and suspect books, it increases their volume and customer base so now they have more capital to play with and they can offer the players more things like early lines props bonuses and reduced juice.
also when THE SHRINK posts about them, he usually seems upbeat about it so that also leads me to believe they are good.
Anytime a company merges and gets bigger it will reduce the benefits that have been given out as a small operation. Seems like growth in any industry leads to negative as bigger companies cannot and do not have the means to have a hands-on approach as is most often seen in the small operations. In today's lean way of thinking, the goal is to reduce overhead and in essence that reduces the fringes for employees and players IMO. Is it a good thing overall? I think so because it likely will financially strengthen the company. Growth is good and growth is bad. Kind of depends where you are sitting.
While the financial backing is a plus for players, the uniqueness of the shop is a negative.
2 cases in point:
VIP acquires Bet on Games and reduces the bonus ( 20% cash to 15% cash a 25% reduction invalue) on reloads and eliminates the 5c wednesday baskets promo.
CRIS acquires ASAP and lines become less opinionated and bonus changes to a match play (10% cash becomes 10% match play, a 35% decline in value)
I'm sure others have similar examples.
2 cases in point:
VIP acquires Bet on Games and reduces the bonus ( 20% cash to 15% cash a 25% reduction invalue) on reloads and eliminates the 5c wednesday baskets promo.
CRIS acquires ASAP and lines become less opinionated and bonus changes to a match play (10% cash becomes 10% match play, a 35% decline in value)
I'm sure others have similar examples.
This is still an expanding market. That being the case there will be more parties interested in entering the market. Barriers to entry are more legal than financial. I expect to see more Government sponsored entities coming into the gaming industry sooner rather than later. Simply stated it is a big revenue opportunity and it is a "sin tax" that all Governments love to latch on to. The good old USA will be in the business within 5 years.
IMHO
IMHO
