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Old May 03, 2012, 2:01am   #10
Boilermaker
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Originally Posted by killcrazy View Post
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Originally Posted by Boilermaker View Post
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Originally Posted by killcrazy View Post

i'm not really understanding why people are surprised that pokerstars is interested in buying full tilt.
I'm not surprised that they are interested at all, I'm just surprised they are interested at $750M. It's the apparent valuation that I don't understand.
depends what that 750 mil gets you.

it does seem high, but then how much would we expect full tilt 2.0 to make in its first year?

Kc
Don't know. They lose ~$500M or so right off the bat paying off FT debts though. And alot of those people surely would already use Stars.

I'll be surprised if it comes to fruition.
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