Impact of Ongame sale to Amaya

jetset

RIP Brian
Joined
Feb 22, 2001
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Earth
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Thoughtful assessment of the value of the Absolute Poker software following the emergence of the Amaya Gaming bid to buy Ongame network.

This is written by the very well-informed John Mehaffey, who was at one time a respected member at Casinomeister.
 

pokeraddict

Webmaster
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Aug 3, 2002
Location
Las Vegas
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Thoughtful assessment of the value of the Absolute Poker software following the emergence of the Amaya Gaming bid to buy Ongame network.

This is written by the very well-informed John Mehaffey, who was at one time a respected member at Casinomeister.

I am no longer respected? :laugh: Thank you for the link. The article was based on reports that the sale would be $7 million. It now looks like $15 million down and $10 million based on U.S. regulation. That still prices AP's software at a level that is irrelevant to players hoping to get paid even a few pennies on the dollar.
 
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