Pokerstar Ontario Losing Money?

I'm one of those unfortunate people who is living in Ontario, Canada -- a place which has restricted online poker to only within the province. I left a bit of a bankroll with Pokerstars before the new Ontario gov't regulations took effect and have looked to see if there are any decent tourneys going. I can't find anything appealing and feel I'm not alone as I see little action going on there. Today, I noticed a new tab called "Micro Stakes Bonanza" and was curious to see how much interest there is in them. I looked at one that was completed. It was an 8-Game tourney with a $0.50 entry and a $25 guaranteed prize pool. The tourney attracted 27 players with 3 re-entries for a total of 30 entries @ $0.50 each, which means Pokerstars paid out $25 and collected $15. I don't think you need an MBA to see that business model isn't good.

I don't know how reflective this is with regard to the money flow overall with Pokerstars' boring and feeble Ontario version, but I really have to wonder if they're at least breaking even, and who goes opens a business to break even, anyway?

I’m sure they make money no matter what! Rooms are empty though…

I guess those would be good tourneys to enter if the guarantee is way higher than what they take in

The overlay has dissapeared. I am still finding cash and spin and go success however, just not in the amount I am used to.