A books with biggest drops

[Dark Horse]

Two years ago Hollywood was A+.
Now they are D+.

Four months ago Cascade was A-.
Now they are D.


What do they have in common? Could it be management? I have no interactions with Lenny, but I know for a fact that Hollywood had the used car sales mentality written all over it. From what I hear Lenny fits that category quite well.

Any other A books with comparable management? Or other signs that these books were more vulnerable than their rating suggested?

[jjgold]

They were always vulnerable and never considered real big time books

[Dark Horse]

They were also both reduced juice.

[Stumpage]

Just curious....Any books gone the other way recently and managed to somehow improve dramatically, at least with regards to SBR ratings?

[jjgold]

Good question

maybe SIA?

[Stumpage]

Good question

maybe SIA?

Seem to have risen slighty over the past while JJ, at least looking back on ratings history. I notice that a book I used to have an account with (Sportbet) was once more or less blacklisted, a far cry from it's present "B" rating.

[JoshW]

I am actually surprised it hasn't been more books. Both of these books likely used Neteller for fund transfers more than anything else, Cascade for sure. So when Neteller goes, so goes the ability to continue business as usual.

That said lots of books were in a similar situation and they haven't experienced this much of a drop off.

[Doug]

I am actually surprised it hasn't been more books. Both of these books likely used Neteller for fund transfers more than anything else, Cascade for sure. So when Neteller goes, so goes the ability to continue business as usual.

That said lots of books were in a similar situation and they haven't experienced this much of a drop off.

I'm surprised the books are doing as well as they are ( still in business), some must just be radically downsizing. I thought it would be much worse.

[cloudagh]

It would really be in all the books' best interest to allow widespread book-to-book transfers for the players.

I assume many players used Neteller and the like as much for cash management, as they did for taking their funds home.

With liberal book-to-book policies, the pure money movement could be handled inter-book (they could even charge a modest fee to help keep food on their table), and the player's personal rake could come via whatever method - even check by mail.

[hitbitritz]

once hollywood got sold they lose their credibility

[increasedodds]

Hollywood is a different story - they were sold (And announced publicly) and immediately downgraded I think to C or C-...

Cascade on the other hand has just sunk.

Sean