No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Why US legalised online poker has fallen short of revenue expectations
Tuesday June 3,2014 : U.S. POLITICIANS AND ANALYSTS NEED TO UNDERSTAND THE FUNDAMENTALS OF ONLINE POKER
Why US legalised online poker has fallen short of revenue expectations.
The online poker information site United States of Poker has published a well-reasoned op-ed on why US legalised internet poker in states like Delaware, New Jersey and Nevada has underperformed relative to the expectations of politicians and analysts.
The reason is not the competition that illegal operators constitute, a widely held belief voiced by many in the US business, says the author, identified only as Bob.
Bob is a Las Vegas-based writer and editor-at-large who has observed and reported on the online poker industry for the past decade, and writes under the pen names "Oreo Bob" and "SoyFlush."
He suggests that predictions on revenues should be based on a strong understanding of the market fundamentals, and that this has apparently been lacking.
Quoting specialists like Dr. Ann-Christin Wilcke and Dr. Fiedler, the article stresses the importance of player pool liquidity, a critical market-driving element which ring-fenced markets adversely impacts as Wilcke and Fiedler illustrate in their scientific paper “The Market for Online Poker”, published in the Gaming Research and Review Journal of the University of Nevada, Las Vegas.
Research has shown that the market concentration in online poker is mainly driven by positive network effects, which means that larger player pools attract more players and grow over time while small player pools decline or must continue to offer a product at a lower price.
A high volume of poker players is thus essential to survive in the market.
Stakeholders need to keep this in mind when considering the future regulation and characteristics of the market. If the market is “ring-fenced” by not allowing people from abroad to join the player pool, the resulting player pools of the legal operators with only native players will be comparatively smaller than an open market.
Bob writes that this fundamental, linked to the ring-fenced intrastate player pools in the legalised states, is exacerbated by the fierce competition within those states between rival operators.
"The failure to understand the fundamentals of how the online poker business actually works and the impact of a limited player pool is a more plausible explanation as to why initial projections were way off the mark," Bob concludes.
"Other states considering online poker legalization should take note of what’s happened so far and learn from their peer’s mistakes. The reality is that the stakeholders in online poker should be focusing more on addressing the fundamental misunderstanding of the economics of the online poker business rather than looking for scapegoats or excuses."
The piece is long but well-written with statistics and fact to back up the author's claims; it can be accessed here:
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
Huge Caribbean Hold’Em hit at Bovada Casino -
A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.