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FOUR CUBED LOOKING FOR CAPITAL
Monday March 17,2014 : FOUR CUBED LOOKING FOR CAPITAL
Successful affiliate marketer already has a foot in the door in nascent US online gambling market.
Despite the ravages of Black Friday, an online poker affiliate marketing company in Minneapolis, Four Cubed, managed to hang on and is now looking for capital to expand, with a foot already in the door in the nascent US online gambling business in Nevada, New Jersey and Delaware.
Reporting on the resurgent Four Cubed and its founder Chris Carlson over the weekend, The Star Tribune newspaper detailed his rise, fall and resurrection, interviewing Carlson on the premises of a renovated car-painting factory that is now his offices.
In 2011, with operating profit up at a million dollars on $13 million in sales at that point, Four Cubed took a bad knock on its player referral and advertising business in the aftermath of Black Friday, and had to fight back to profitability, tightening operations up, sharpening focus and changing the product mix to improve margins.
Four Cubed generated operating income of nearly $160,000 on revenue of $2.7 million in 2013, encouraging Carlson to boost his 12-member staff count by the addition of a further six jobs, needed to realise the company's ambition to grow revenues to $3.2 million this year.
Carlson, a 90 percent owner of the company, plans “to grow by seven- to tenfold over the next three to five years” and claims that Four Cubed is well-established in Delaware, Nevada and New Jersey online and casino operations.
He also has high hopes that California will join the legalisation trend, providing further business opportunities for his company.
3 Top Bitcoin Poker Sites -
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Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
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The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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