WCD sold for $1.7 million to LCB
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This is the site: http://www.worldcasinodirectory.com/
Hopefully this is a question thats ok to ask.Quote: ZugaWe just announced our most recent acquisition , more detail can be found WorldCasinoDirectory.com Joins LCB Network
This is the site: http://www.worldcasinodirectory.com/
Is there another revenue stream other than online Casino affiliates on a site like that?
but the majority of revenue was still coming from online affiliation
Quote: ZugaWe just announced our most recent acquisition , more detail can be found WorldCasinoDirectory.com Joins LCB Network
This is the site: http://www.worldcasinodirectory.com/
Just curious, in general, what's the expected break even time frame of sites you buy?
ie: wcd, bj21, wizardofodds, etc
so anywhere between 2-4 years and we r happy.
But have in mind that optimizing the site(s) is what we do best , which allows us to aim high.
That's always been a great site, and now it'll get even better!
Thanks.Quote: Zugawe aim high and are looking to see ROI in two years time. with that said there have been sites that took around 4 years, which is still pretty good.
so anywhere between 2-4 years and we r happy.
But have in mind that optimizing the site(s) is what we do best , which allows us to aim high.
Would you mind sharing with us how WOO/WOV is doing so far? As expected, better than expected, worst than expected?
Quote: AxelWolfThanks.
Would you mind sharing with us how WOO/WOV is doing so far? As expected, better than expected, worst than expected?
I would have to say as expected , and thats all i will say :)
Quote: Zugawe aim high and are looking to see ROI in two years time. with that said there have been sites that took around 4 years, which is still pretty good.
so anywhere between 2-4 years and we r happy.
But have in mind that optimizing the site(s) is what we do best , which allows us to aim high.
~2yrs to re-coup $1.7M - $2.4M just from ad revenue and referrals?!
yeah, Mike (wiz) was severally under-optimizing his site for revenue.
A question, if I may.
I do not gamble outside of a casino, so I know very little about the legality of gambling via one's own computer.
It seems your group makes money when people join online casinos and gamble online when accessing them via a site you own.
Are there many countries where it is legal?
Any concerns about law enforcement causing you some grief?
Just wondering; best of luck to you.
Quote: 100xOdds~2yrs to re-coup $1.7M - $2.4M just from ad revenue and referrals?!
yeah, Mike (wiz) was severally under-optimizing his site for revenue.
well its not as simple as that . First off Mike was only doing biz with one operator for many years ( Bodog / Bovada ). He was also focusing on content rather than on marketing. And quite frankly if Mike did not do an excellent job with content no marketing in the world would have helped us to optimize WoO for conversions. Quality content is what drives the traffic after all.
Also one important thing is that LCB is so well established and well connected within online gambling industry which gives us leverage to make quite outstanding and really above average marketing deals. All that combined with our experience in site optimization is what is giving the results.
Also Mike is so important for WoO that we wanted to (and did ) keep him on board as his content input and games analysis are second to none.
Quote: MrVCongrats on the purchase; you guys obviously have a plan.
A question, if I may.
I do not gamble outside of a casino, so I know very little about the legality of gambling via one's own computer.
It seems your group makes money when people join online casinos and gamble online when accessing them via a site you own.
Are there many countries where it is legal?
Any concerns about law enforcement causing you some grief?
Just wondering; best of luck to you.
first off thank you.
If we speak of UIGEA and legality of online betting in the USA ( Unlawful Internet Gambling Enforcement Act of 2006 ) then it is perfectly legal to play online. What is not legal is for banks and money processor to take transactions from casinos that are not regulated in the USA.
As far as our network of sites, we do not offer gambling ourselves , we offer information and reviews, like tripadvisor does for hotels, restaurants, we do it for online casinos.
There is nothing illegal there, so we are not concerned.
With that said we did make a page and a map about gambling restrictions https://latestcasinobonuses.com/restrictions
Lets assume someone had an affiliate site in the US. I assume theres a few online casinos that offer a sports book and the affiliates get a revenue share. Am I correct in assuming sports wagering online is illegal from the US? Since an affiliate is getting a percentage of losses from the sports betting, do you think they could have some legal trouble in that situation?Quote: Zugafirst off thank you.
If we speak of UIGEA and legality of online betting in the USA ( Unlawful Internet Gambling Enforcement Act of 2006 ) then it is perfectly legal to play online. What is not legal is for banks and money processor to take transactions from casinos that are not regulated in the USA.
As far as our network of sites, we do not offer gambling ourselves , we offer information and reviews, like tripadvisor does for hotels, restaurants, we do it for online casinos.
There is nothing illegal there, so we are not concerned.
With that said we did make a page and a map about gambling restrictions https://latestcasinobonuses.com/restrictions
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Yet another question I hope is okay to ask: Should we expect to see Mike around for a long time if he wishes?
I'd think the semantics here protects them. They're receiving a flat fee for their services. Where the money comes from doesn't involve/affect them. Who's to say it's from gambling losses? Perhaps the affiliate has a dedicated seed bank account for paying bills and doesn't use ANY gambling revenue to pay their bills?Quote: AxelWolf...Lets assume someone had an affiliate site in the US. I assume theres a few online casinos that offer a sports book and the affiliates get a revenue share. Am I correct in assuming sports wagering online is illegal from the US?...
It's the same as an employer paying their employee, then the employee buying drugs... Should the employer get in trouble for supplying the money to buy the drugs?
*Zuga, put me on retainer in the legal department, I got you =).
Quote: AxelWolfLets assume someone had an affiliate site in the US. I assume theres a few online casinos that offer a sports book and the affiliates get a revenue share. Am I correct in assuming sports wagering online is illegal from the US? Since an affiliate is getting a percentage of losses from the sports betting, do you think they could have some legal trouble in that situation?
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Yet another question I hope is okay to ask: Should we expect to see Mike around for a long time if he wishes?.
according to UIGEA its not illegal to be an affiliate. As far as we are concerned we are happy to have Mike on board for a really long time. :)
Quote: ZugaAs far as we are concerned we are happy to have Mike on board for a really long time. :)
unless there;s another assassination attempt by Sands Corp
:o
