Word: bhargava
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...Marc K. Bhargava ’08, a resident of Eliot House’s Ground Zero party suite, said that the dean’s aim to increase student safety by ending the party grants program will likely backfire. More students will attend final clubs parties instead, he predicted, leading to situations where “excessive drinking is even more likely to prevail...
...really think that the women at Yale should stand up and say ‘that’s wrong,’” said Eliot House resident Marc K. Bhargava...
...clunky and the game less popular than sports betting and lotteries. Dikshit created a version that enabled multiple players to participate, and PartyGaming quickly went after the market leader at the time, Paradise Poker. "We weren't ready for the launch when we did launch" in August 2000, Bhargava recalls, shuddering at the site's initial reliability problems. The breakthrough came a year later, when the company hired a well-known poker player, Mike Sexton. He came up with a gimmick that got gamblers' attention: a $1 million first-place prize for an all-comers tournament...
...action and graphics showing each player's odds of winning, proved a smash hit for the cable channel. PartyGaming paid a bargain $7,000 per 20-sec. spot to advertise on the show. "We saw our market share go up from 20% to 50% in a fairly short period," Bhargava says. PartyGaming spent a whopping $52 million in the first half of this year to entice paying customers to the site--more than triple the amount it spent a year ago and up from just $10.6 million...
...this year, the average daily "rake"--its cut of the amount bet--rose a third, to more than $2 million. Despite a summer stock swoon, market players are still betting that online poker isn't a short-term fad. One thing hasn't changed: you won't find Bhargava in a casino, online or real, anytime soon. "I can see myself playing poker off-line, but I can't find low-limit games," complains the centimillionaire. "Online is very different: that's entertainment." Besides, he's already won that game...