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Strategies for a discontinuous future.












Friday, February 04, 2005
 


Compound Growth

"...According to a new study by 888.com, a U.K.-based online casino, the total number of people gambling over the Internet in the U.K. has increased by more than six times over the last 12 months. The survey of more than 2,700 people found a remarkable 566% increase in the amount of money staked online since the end of 2003."

Uhhh...I have no doubt the market's grown. But at a growth rate of 600%, the penetration of 888.com will end up at a number bigger than the population of the entire earth in just a few years.

-- umair // 2:15 PM //


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