Topic: [HAVELOCK] CasinoBitco.in CBTC - page 9. (Read 149341 times)

Is there any chance of seeing dividends at the end of March? . Or better put, what numbers would we be looking for to make that happen?

Yep, those numbers are correct.

I'll have a summary of the month out by Wednesday evening at the latest..

+1

just click on the P&L link.

Overall Month: +6.9320

How was February?

January Metrics and Financials below.
 
Monthly Metrics: https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dFpxZHVTN0x6ZldUeHRteWdBd1pMNXc#gid=16
 
P&L - https://docs.google.com/spreadsheets/d/1mFzQOuJ-8hBI8ftH75EEhRkcpLh8NbJMJPOoKhK17Yo
 
Sportsbook:                                     +12.4911 btc
HTML5 Casino:                                 +13.01 btc
Bit777/ PeerBet (CBTC Share):         +2.0791 btc
 
Overall Month: +27.58
 
Noteworthy callouts
We saw really good momentum in January leaded up to the Super Bowl game tomorrow, seasonally January and February have always been our busiest months excluding special events like the World Cup.

The controls we put in our Sportsbook last year seem have had a positive effect as we were able to show a small profit on light action. We still maintain that we need to integrate with a new Sportsbook backend which can provide us with the ability to automatically hedge bets, and offer more markets and options, to effectively grow the overall product and compete with industry leaders. There are solutions out there, but we will likely revisit any large capital expenses until after Q1 in an effort to return a dividend to unit holders assuming we can stay profitable in February and March.

The Casino also had strong results with our VIP program helping bring back repeat players. However, we are most proud of our launch of our Leaderboard which allows us to run mini-promotions for big events, or on some type of consistent interval (Most hands played monthly, etc). Blackjack which is the featured promotion right now had over 33,000 hands played for a total of 202 btc wagered in January.

Last, we regret to inform unit holders that the interested parties had to drop their bid in PeerBet and Bit777 due to unforeseen issues with the regulatory environment where they reside. All said, PeerBet is still for sale, and we will continue to pursue a strategic partner to either take on Peerbet with our partnership, or solely.

Got to admit controlling faucets and sig campaigns here is a good acquisition that and larger gambling flows congrats

Not sure what numbers your talking about, all I see are red ones...

Numbers look good.   

Is there anyway we or havelock can verify these numbers? Eg blockchain address? Or other methodology? Thanks.

The sportsbook has done nothing but lose us money. Why not just get rid of it..

We hope that all unit holders had a great holiday season with their families, and an overall solid 2015!

2015 was no doubt a difficult year for us as we suffered big losses early in the year and were just never able to recover without a true Sportsbook solution in place. We remain optimistic that we've done a lot of the "right things" in the latter half of 2015 which will help position us better in 2016. This includes cutting development expenses, rebranding the site to BitcoinRush.io, enhancing the site to have a responsive design, limiting large losses in the Sportsbook, and introducing our automated comp program. We are also still confident that the bitcoin gaming sector is a very lucrative opportunity for us considering our solid brand, reputation and tenure in this space. 

We still have some low-hanging fruit which can help us in important areas like Customer Satisfaction and Player Retention. These include improvements to Customer Service (Live Chat) and Brand Awareness (Timed e-mails to explain the benefits of BitcoinRush.io over the competition).  And as mentioned in the past, our other two large opportunities for us in 2016 still include a better, no-risk, Sportsbook Solution, and improvements to SEO and Marketing. Noteworthy, we are actively working with private groups and individuals on partnership opportunities to help cover the costs for these items in exchange for ownership's equity.

Last, as mentioned previously, we are extremely close to selling PeerBet and Bit777, but no details to report out yet.  The holidays slowed down momentum as key individuals necessary for the negotiations were pretty much on leave for 2 weeks; however, we remain committed to closing this deal as our #1 priority.


December Metrics and Financials below.

Monthly Metrics: https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dFpxZHVTN0x6ZldUeHRteWdBd1pMNXc#gid=16

P&L - https://docs.google.com/spreadsheets/d/1mFzQOuJ-8hBI8ftH75EEhRkcpLh8NbJMJPOoKhK17Yo

Sportsbook:         -6.6152 btc
HTML5 Casino:    +2.7703 btc
Bit777/ PeerBet:  +1.1 btc

Overall Month: -2.7449 btc

Q4, 2015 results are below

Overall Q4 2015 Revenue :    +4.3207
Overall Q4 2015 Expenses:    -23.438
Overall Q4 Profit:                  -19.1173

P/L has been posted as shows a loss of -7BTC not sure on sale of peerbet.org or anything yet. No dividends is my guess.

Is CasinoBitco ever planning on hosting poker? Just wondering, imo it would be a great addition since it seems like a lot of the biggest gaming sites in history have offered poker as well. 

I am excited for december financials.
Oktober were -16BTC, Nov. +23BTC
so maybe we could get some div! 

I thought you already had another provider for this?

Currently we manage the risk, but are still looking for other solutions as that's our only opportunity to take on larger bets, offer more options, and compete with the 2 or 3 other main players in this niche.

Did you ever get the sportsbook situation fixed? Or are you still taking 100% profit/loss on sports?

The sale of Bit777 / Peerbet is still pending, there are 2 different entities interested and we are still working on the best outcome for the players of both sites and the future health of CBTC.

CBTC in its entirety encompasses 30MM units, all of which are "listed" on Havelock for transparency and proper distribution of dividends. Management / Ownership hold over 75% of these units, but do not execute any sells of these units due to (a) lack of liquidity in the order book and (b) the price is entirely way too low.

We can't speak to dividend information as the month, and quarter, aren't over yet. I can assure you our main goal is for the long-term value and health of CBTC, not short-term gains.

Has the sale of peer bet happened yet? Or do you anticipate it to happen by the end of the year? Last Q3 you said the profit wasn't enough to issue a dividend even though you were in the black. At what income will you offer a dividend? What percent of the company does "Havelock" own? By "Havelock" I mean all of us that have bought shares. How many shares have been issued to them total?

New investor here with just a few questions. Only read the past 4 pages so sorry if all these answers were in earlier parts of the thread!

Not quite at the moment, but definitely something we will figure out in 2016 now that things have at least been somewhat steady (knock on wood)