Quote:
Originally Posted by ncinin
I can not find it offhand but I saw a YouTube video in the past month that displayed a spreadsheet of one of the breakers.
The cost of breaks were 95% of “comps”. I am not sure the comps were high or low to reality or not. The slots were were sold out and break was completed and the breaker sold the cards over 150% or comps.
If I recall cost was between $90,000 and $99,000 and their gross profit was $56,000 or so. I do nor know the platform fees or other expenses were.
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I wonder what dealers who unloaded their inventories to repackers will do now? Rebuild or go fishing.