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IS ONLINE POKER RUNNING OUT OF STEAM?
Saturday October 8, 2011 : Over (recent) time the numbers are declining
In years past, this was the seasonal time when online poker traffic traditionally started picking up - by anything from 3 to 10 percent, according to the industry's independent monitor Pokerscout.
But not this year, where instead Pokerscout has recorded a 7 percent overall decline, possibly due to the drastic enforcement actions against major online poker sites in the United States, which have seriously impacted companies servicing the important US market.
However, Pokerscout points out that there may be two other more long term causes:
"First, markets outside the US are saturated. Pretty much everyone who wants to play online poker is already signed up, and new players coming in are only replacing (or failing to keep up with) players who are leaving," the expert site management opines.
"Second, poker as a fad has mostly run its course. The game simply doesn't have the cool factor, the grip on young male minds especially, that it used to. The fascination with this wonderful game has lasted a decade or more, and poker will undoubtedly retain a large number of followers, but its popularity with the general public has likely peaked and is beginning to decline."
To which one might add that the continuing global economic recession would not have helped either.
It is perhaps ironic that just when it appears that serious political momentum for the opening up of the US poker market is building, the activities of law enforcement in that same market have contributed to the present damping down of the business.
A counter-argument might be that the action in live tournament poker, and even in online tourneys and high stakes cash games on the internet, is still making headlines and fortunes for the successful.
There's no denying that times are tough in the world of internet poker, but is the pastime really down and out?
At least one newcomer to the industry does not appear to think so; Groupe Bernard Tapie has a solid reputation for turning troubled businesses around, and it is currently negotiating to buy up Full Tilt Poker. Not only that, it is involved in the new International Stadium Poker Tournament venture with plans for multi-million dollar events around the world.
Meanwhile, judging by this week's Pokerscout numbers, Party Poker.com has taken over the number two industry spot from the still-moribund Full Tilt, edging out arch-rival iPoker. And Pokerstars remains way ahead of the rest of the pack despite its clash with US officialdom.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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