Online Games Firm SkillJam Acquires WorldWinner for $23 MillionAuthored by Mark Hefflinger on March 20, 2006 - 7:54am.
Newton, Mass. - SkillJam, a Los Angeles-based provider of "skill-gaming" technology and unit of FUN Technologies, has acquired WorldWinner.com, a Massachusetts-based online game company, for $23 million. WorldWinner.com hosts more than 10 million games and awards millions of dollars in prizes every month, with games in five categories: cards, words, arcade, strategy and sports. Last year, the company had revenue of $10.67 million, a loss of $680,000 million and net assets of $3.9 million, the company said.
http://www5.sys-con.com/read/196283.htm http://www.worldwinner.com |
Upcoming DMW Events
September 30, 2009 | New York, NY www.nygamesconference.com
October 7-8, 2009 | Los Angeles, CA www.digitalmusicforum.com
October 28, 2009 | San Francisco, CA www.digitalmediaconference.com Events Calendar Submit a Speaker To receive event updates & announcements:
Recent comments
NavigationUser loginAds |
Daily Newsletter and NetworkingLatest Top Stories
DMW Widget - Grab it and embed!Latest Briefly Noted
PollOther Ads |
Comments
I am very disapointed with
Now with Skilljam "merging" with Worldwinner there is nothing of Skilljam on their site! No avatars...and worldwinner barely has any games! They didn't bring any of Skilljam's site along. It seems the only thing Worldwinner has done is taken all of Skilljams players/customers! They are slimey.
Coming from Skilljam to Worldwinner is a big letdown. Skilljam was a great gaming site and now it seems there is nothing left of it. Why didnt they bring on Skilljams games??? This was a big misguidance, as they said it would all be carried over. Even our token accounts... which weren't!!
Are they going to change this? I hope so.
Am very very bummed out...I will not be playing with Worldwinner anymore. I am sorry I dont want to be negative but I am very disapointed. I just think this site(Worldwinner) is a big wet limp noodle..... why all the "big" hype? There is nothing exciting or beautiful about it!
Arrrrghh
Anyone??
At least you are obviously
Skilljam to worldwinner
worldwinner is a scam
World Winner steeling money?
world winner
Just don't get to the point
Here's the scam. Let's say that Dick and Jane both put $50.00 into their accounts. If Jane is the superior player, she will eventually get all of Dick's money (minus the per game money the site takes ... which on average appears to be around 20%).
If they each play 50 $1.00 games, and Jane wins 80% of them, then after the last game is settled Dick will have $16.00 and Jane will have $64.00 (which means that Jane made $14.00 while the site made $20.00 ... seems excessive to me).
But now let's say that Dick is a little more evenly matched (not much) and Jane can only win 60% of the games. Now once the games are settled Dick has $32.00 and Jane has $48.00? Even though Jane is winning consistently, she is still losing money over time.
This doesn't even take into account the "fixed payout" tournaments. I just saw one today that has $1.25 entry fee and a total payout of $300.00 ... what a scam. Let's say only 500 people play in the tournament and on average they play only twice. This is 1000 entries for an intake of $1250.00 ... of which they return only $300.00! This is an outrageous 76% fee they are charging!
Just trying to spread the knowledge.
UABJ
That doesn't really seem
Glad I read this page first.
world winner is a great disappointment
I got ripped off by Skilljam
Skilljam ripped me off
I am assuming your Paypal
I totally agree - I joined
Re: I got ripped off by skilljam
what a complete con this
world wide games
Other online gaming sites
Other sites
i've played on all three...
Open your eyes
God; you think you have bad
Worldwinner is a ripoff!
report them
class action lawsuit
Dodgey brothers Inc
??? worldwinner anomolies
it is a rip off
Make sure you file a
I thought I was alone in my WW and SJ plight.....
How in the world did you
Check youtube.com, someone
Worldwinner rip offs
I have had this exact same
worldwinner mojo
Worldwinner.com is committing fraud
Re: worldwinner mojo
After I made $6000 profit in
I've played on both SkillJam
Deductions on taxes
April Filing
They sent me 1099's for
I received a 1099-misc too.
Meh
Didn't pay AND cost me money
Worldwinner's Competition Design Looks Like A Scam
SCAM
WorldWinner
Class action suit World winner
WorldWinner is not a scam site
Post new comment