Jeremy = PartyGaming CEO??

[richardb]

PartyGaming released earnings today and announced that their CEO quit because he did not want to move to Gibraltar. Rumor has it that you are next in line to take over as CEO. Good luck buddy.


PartyGaming Earnings:
http://partygaming.com/images/docs/060228_...ary_results.pdf

CEO Departure:
http://partygaming.com/images/docs/0...ard_change.pdf

[onlinepokercenter]

Wow, that's awesome. Congratulations!

Good luck and you have this affiliate's support. :lol:

lol...richard you have earned your title...

I wish Jeremy was the CEO...he deserves it...Id ask for a raise

[pokernut]

Dig into the numbers and you will see that affiliates were paid $99 million and contributed 34% of Poker revenues or $292 million.

That means that the average Party Poker affilate made 33.9% of the Gross poker revenue they sent party. So to all of those that think 25% is the max that PP pays out... think again.

Since we know tons of afiliates that make only 20-25% of net revenue, there have to be affilates making close to 50%+ of Gross.

I also got my Pacifac Poker check and they put a copy of there total affiliate payout letter with it by mistake.

Jan total payout $2,321,607 to 817 affiliates (thata about 25 million a year, 25% of what Party paid out last year)

[gopherblue]

Keep in mind that the payments to affiliates also would include bonanza bonus amounts and other gifts/premiums (think: iPods at xmas).

But, clearly, some affiliates have much better deals than casual affiliates.
Goph

[PPP]

Originally posted by pokernut@Mar 1 2006, 07:07 AM
That means that the average Party Poker affilate made 33.9% of the Gross poker revenue they sent party. So to all of those that think 25% is the max that PP pays out... think again.

Since we know tons of afiliates that make only 20-25% of net revenue, there have to be affilates making close to 50%+ of Gross.

No, it means you aren't considering CPA affiliates.

No, it means you aren't considering CPA affiliates.

Nice oversight fellas..........Thanks PPP :lol: :lol:

Actually they offered me the job with stock options, car, and use of Ruth and Vikrants private jet, but the compensation package just really wouldn't support the lavish lifestyle I have grown accustomed to. If I could just get my hands on that doom switch I would have taken it in a heartbeat. :lol: :lol: :lol:

[Kellermann]

So what was joking and what was real about jeremy and job at party poker?