View Poll Results: How did the second quarter of 2009 compare with the first quarter for you?

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  • Revenue grew more than 50% in the second quarter.

    0 0%
  • Revenue grew 31% to 50% in the second quarter.

    1 7.69%
  • Revenue grew 21% to 30% in the second quarter.

    5 38.46%
  • Revenue grew 11% to 20% in the second quarter.

    0 0%
  • Revenue grew 5% to 10% in the second quarter.

    1 7.69%
  • Stayed the same (within 5%).

    2 15.38%
  • Revenue shrank 5% to 10% in the second quarter.

    1 7.69%
  • Revenue shrank 11% to 20% in the second quarter.

    1 7.69%
  • Revenue shrank 21% to 30% in the second quarter.

    0 0%
  • Revenue shrank 31% to 50% in the second quarter.

    0 0%
  • Revenue shrank more than 50% in the second quarter.

    2 15.38%
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  1. #1
    MichaelCorfman's Avatar
    MichaelCorfman is offline GPWA Executive Director
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    Question How did the second quarter of 2009 compare with the first quarter for you?

    We've just completed the second calendar quarter of 2009, so it is time to ask our periodic question to members about how the revenue they are earning has changed over the last quarter.

    If you compare revenue from the second quarter of 2009 (April to June) to revenue from the first quarter of 2009 (January to March), how did it change? Did it get better, stay the same, or get worse for you?

    And posts about your thoughts for the changes you have seen and your view of what the future holds are welcome. How much do you think the changes you saw between the two quarters is due to general economic conditions, how much is related to seasonal fluctuations, and how much is related to changes in what you are doing?

    Michael
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  3. #2
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    oc+
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    The second quarter has been much better than the 1st, and, to some extent surprising.

    Our industry obviously gets affected by global recession, but we felt that the current decline would affect online gambling much more than we initially predicted.

    There has been more of a fluctuation this quarter but expect the market to pick up in the final two quarters. Next April will be very interesting indeed.
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  4. #3
    MichaelCorfman's Avatar
    MichaelCorfman is offline GPWA Executive Director
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    Casino City saw very good revenue growth in the second quarter of 2009 of just over 25% versus the first quarter of the year.

    This was much better than last year when we saw a revenue decrease in revenue of about 10% comparing the second quarter with the first quarter.

    Michael
    GPWA Executive Director, Casino City CEO, Friend to the Village Idiot

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  6. #4
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    I presumed the "first" in the last option was a typo and was supposed to say "second"...

    And I voted for it!
    My second quarter was diabolical - only 40% of the first.
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  7. #5
    MichaelCorfman's Avatar
    MichaelCorfman is offline GPWA Executive Director
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    Quote Originally Posted by KasinoKing View Post
    I presumed the "first" in the last option was a typo and was supposed to say "second"...
    Yes, you are right. I copied the poll from last quarter and then edited it, but missed editing the last option. It has now been fixed.

    Thanks,

    Michael
    GPWA Executive Director, Casino City CEO, Friend to the Village Idiot

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  8. #6
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    The decline continues unfortuantly but in fairness that is because of the manay changes i have made to my business model and so it was expected to drop further but only by approx 10% at first glance so happy really, especially considering June for my core business is always bad.

    So yeah happy and fully expect significant rise next quarter
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  9. #7
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    Second quarter is always good for European football as the business end of the club season occurs.

    Now we move into 3rd quarter doldrums over the Northern hemisphere summer ... and wait for people to come back from the beach

  10. #8
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    Slight growth, did a ton of work on all my sites in the past month so hopefully Q3 will be a good one even though we have hit a few slow months for poker. Casino is flat as a pancake. All growth came from the poker market.
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