Guess how much CRIS made last year

[Winner_13]

this may be old or common knowledge..new to me however

from a respectable source some may have already know it cheaters dont play! (will post source after).. 10 points to closest guess first 15 ppl

[Hareeba!]

who cares ?

[RickySteve]

Were their mandatory SEC financial reports filed early?

[Winner_13]

nvm lol it was 126 million

[LostBankroll]

4 mil

[RonPaul2008]

No way did CRIS make 126 million...that's bs

[The Prick]

if yer gonna quote that retard from kenny's joint who heard from some tico shmo at a walk-up downtown make up a # then you are one boring oyster


wtf, i call this dude a word for vagina an it spits out oyster????

[Winner_13]

--There are several brick-and-mortar sports books located in downtown San Jose, including ones inside the Sleep Inn, Sportsmens Lodge and ChuBBs Sports Bar. Tropical Sports Book on the second floor of Club Morazan is my favorite stand-alone sports book. There were several signs posted inside the establisment that added charm and flavor to the sports betting experience there. Two of the signs read: "Lost tickets cannot and will not be honored" and "Absolutely no credit. Don't even ask." A clerk at the Tropical Sports Book told me their handle pales in comparison with the leading offshore sports books. Despite respectable limits of $3,000, the tiny sports book writes very little business outside of the football season. One clerk told me, "We're not CRIS. They're the best and I think they're the biggest. I heard they made $126 million last year and that comes from a very reliable source." The clerk punctuated his information by saying "CONFIRMED" several times.

[Winner_13]

lol i didnt know jhon kelly was so hated.

[Trident]

16.58

Ship it

[The Prick]

lol i didnt know jhon kelly was so hated.

dont know or hate the dude. do know he had a passport for less than a year. writin goofy shit like this is almost the same as me reporting on McDonalds earnings to the shareholders based on what the dude who cooked my fries at Burgerking told me

[trixtrix]

sportsmen lodge lol, and i just go for their hot wings and chicken burrito

[RickySteve]

I recommend Del Rey for getting action and handle in San Jose.

[whatagoal1]

here is something to compare



BOOKMAKER Ladbrokes reported a bounce-back in quarterly profits yesterday after it benefited from a stronger start to the English football season.

Operating profits rose from last year’s £22.4m to £51.1m in the three months to September 30, following a 15% improvement in the amount of money left by losing UK shop customers over the period.

Last year’s trading performance was impacted by a winning start to the football season by Chelsea and Manchester United and the low incidence of draws – the bookies’ favourite result.

With Ladbrokes also benefiting from a profitable end to the World Cup and a stronger performance from its gaming machines, the company said its UK shop revenues for the three-month period were up by 12%.



Read More http://www.walesonline.co.uk/busines...#ixzz1HkeZbOH7

[BET THE HOOK]

They made a bunch but not 126 mil.

[JReeler]

Wow, they making a killing!

[JReeler]

That means we gamblers are getting crushed then

[johnster]

cris is dealing mainly with americans so it's safe to say percentages are way up from euro and asian based sportsbooks

[ok now what]

How can we be sure what the real number is? Are we in the room when it's all being counted. How can you really know what is true?

[Intuitive_Edge]

That means we gamblers are getting crushed then

yikes

[alienware]

7.5 million

[Salamander]

So if their hold is 5% the good people of the world wagered $2.5 billion last year with CRIS?

Let's add it up. I bet around $25,600,750 there last year.

Next?

[chance]

The only "CONFIRMED" profit or loss figures come from public companies.

[unluckysob]

Do any of the internet books in CR have a walk up service???

[username474]

I would say they held 3% of a billion = 30m
Tops they held 3.5% of 1.5 bil

[justonetime]

Really doubt they make that much compared to the bigger Euro books.

[cyberinvestor]

It would be interesting to know what they did make. I know $126M seems like a lot but a local casino in my area made a net profit of $200M. They are just serving this region whereas Bookmaker services the entire world with multiple brands. I could see $126M. If you look at Ladbrokes the conversion is $81M and don't forget Ladbrokes has much higher operating expenses, taxes, etc. Bookmaker gets cheap labor, taxes, real estate, etc.

[nikossf]

150m!!

[whatagoal1]

cyberinvestor, the ladbroke figure refers to a quarter, so maybe the 81m could be 324m

[cyberinvestor]

I didn't even notice that it was just a quarter. In that case they could easily be $320M which means CRIS could be pulling in $126M for the year.

[Winner_13]

yea thats insane..think of the casino racebook poker and sportsbook

ladbrokes made that much in a quarter makes CRIS # sound more reasonable

[Frogger]

My guess is they make 10 to 25 million in profit after expenses. I know this is a wide range, and I would guess closer to the 20 number. Numbers 100+ are way off the mark in my opinion.

[soxwin1917]

It's got to be over $100 MM. 10-20 MM seems way to small for CRIS who is the best when it comes to not limiting players.

[TRone]

I hope they are making tens of millions per year, because I have been absolutely killing them lately.

[Shark79]

dont know or hate the dude. do know he had a passport for less than a year. writin goofy shit like this is almost the same as me reporting on McDonalds earnings to the shareholders based on what the dude who cooked my fries at Burgerking told me

Always tells it like it is.