How Long Can USA Books Hold Out Before Bankruptcy???

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  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388189

    #1
    How Long Can USA Books Hold Out Before Bankruptcy???
    Most in massive debt getting these going

    Most losing a lot of money even when booming AKA Fandual and Draftkings

    MANY MASSIVE COSTS and too many laws to maneuver around with these hard times

    If no USA sports this year it will finish off 75%

    Offshore is aligned perfect for the future like usual
  • Hman
    SBR Posting Legend
    • 11-04-17
    • 21429

    #2
    They've made millions, will be fine
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388189

      #3
      Hman fandual in debt


      Massive start up costs, taxes and advertising killing them
      Comment
      • ChocMilk23
        SBR MVP
        • 11-04-17
        • 1924

        #4
        For being alligned perfect intesting they are lowering wagering limits... and withdraw limits...
        Comment
        • big joe 1212
          SBR Posting Legend
          • 06-01-08
          • 19379

          #5
          Fukk em, let them go bankrupt.

          There will always be replacements if they go insolvent once sports come back.
          Comment
          • Crusherrr
            SBR MVP
            • 06-27-16
            • 3646

            #6
            Hope they all go out of business and offshore thrives once again.
            Comment
            • JIBBBY
              SBR Aristocracy
              • 12-10-09
              • 83691

              #7
              Originally posted by big joe 1212
              Fukk em, let them go bankrupt.

              There will always be replacements if they go insolvent once sports come back.

              Agreed, it's like bars and Clubs many will go bankrupt and close but as soon as things go to normal again new ones will pop up out of the wood works in no time. Those businesses all make money in a normal economy..
              Comment
              • unusialsusp5
                SBR MVP
                • 04-18-10
                • 4197

                #8
                Originally posted by big joe 1212
                Fukk em, let them go bankrupt.

                There will always be replacements if they go insolvent once sports come back.
                exactly. the ones that lost out on the initial bid to open one still have the funds to replace them. they are all now thanking their lucky stars that they didn't get the bid and are now poised and positioned to take over any bankrupted wagering entities.
                Comment
                • flyingillini
                  SBR Aristocracy
                  • 12-06-06
                  • 41219

                  #9
                  Offshore is the future of the industry. Sbobet is merging and getting a makeover. William Hill and Paddy Power making series moves in the industry.
                  המוסד‎
                  המוסד למודיעין ולתפקידים מיוחדים‎
                  Comment
                  • jjgold
                    SBR Aristocracy
                    • 07-20-05
                    • 388189

                    #10
                    Illini correct
                    Comment
                    • TommieGunshot
                      SBR MVP
                      • 03-27-12
                      • 1586

                      #11
                      From what I've seen, between six months and five years: https://www.barrons.com/articles/cas...st-51584551514
                      Comment
                      • clockwise1965
                        SBR Hall of Famer
                        • 10-01-13
                        • 6753

                        #12
                        The major offshore books have large cash reserves and minimal overhead.

                        The major books will be fine.
                        Comment
                        • Grits n' Gravy
                          Restricted User
                          • 06-10-10
                          • 13024

                          #13
                          Originally posted by jjgold
                          Illini correct
                          Just around sb you said offshores were dead. Now you say they are the future. Can’t believe you even have the ability to talk out both sides of your mouth when it is normally filled with dicks.
                          Comment
                          • pimike
                            BARRELED IN @ SBR!
                            • 03-23-08
                            • 37139

                            #14
                            Originally posted by jjgold
                            Most in massive debt getting these going

                            Most losing a lot of money even when booming AKA Fandual and Draftkings

                            MANY MASSIVE COSTS and too many laws to maneuver around with these hard times

                            If no USA sports this year it will finish off 75%

                            Offshore is aligned perfect for the future like usual
                            How are offshore aligned perfect?
                            Comment
                            • jjgold
                              SBR Aristocracy
                              • 07-20-05
                              • 388189

                              #15
                              They have zero costs


                              USA books massive costs

                              The tax they have to pay to the government is enormous



                              They make very little money off sports betting

                              They have no credit business, offshore make 60% off their money off credit

                              Every pay per head site is tied into the four major books

                              They have live betting all tied up also


                              We have Bookmaker agents making $50,000 a month


                              Offshore A massive
                              Empire Because of the customer base all over the globe and the incredible organize credit business


                              Game over
                              Comment
                              • pimike
                                BARRELED IN @ SBR!
                                • 03-23-08
                                • 37139

                                #16
                                Originally posted by jjgold
                                They have zero costs


                                USA books massive costs

                                The tax they have to pay to the government is enormous



                                They make very little money off sports betting

                                They have no credit business, offshore make 60% off their money off credit

                                Every pay per head site is tied into the four major books

                                They have live betting all tied up also


                                We have Bookmaker agents making $50,000 a month


                                Offshore A massive
                                Empire Because of the customer base all over the globe and the incredible organize credit business


                                Game over
                                Thanks
                                Comment
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