So who thinks Party was on the ball?

[NL__Fool]

Everyone couldn't believe that Party voluntarily banned all US players from their site when the new law was announced back in October.

Why would they do that? Why give up so much revenue months before they had to? Could it be because they saw the writing on the wall where no one else did?

How did they get to be #1 in the 1st place? Advertising, they sank the most money into it and reaped the benifits. No one had even come close to taking the #1 spot away from Party before the new law was passed

So is it possible they decided to abanded the US market and be the 1st to concentrate heavily in the Non US markets and again reap the benifits? Stick with the formula that made them #1 in the 1st place?

Did they decide to take a short term loss to gain in the long run?

Lets face it, Online poker for Americans is pretty much done with. All the pro's and semi-pro's will want to keep playing and have every reason to want to but what will they do without the influx of new fish?

Soon it will be a lake full of Sharks all eating each other up to take the occasional break when the odd lone fish swims by, tear the lone fish shreds and then continue feeding on each other.

Honestly, how many casual or recreational players will want to deposit online again after they have gotten burned by Neteller holding their money for 6 months? They will see it no other way, even when they get their money back they will think they were screwed, plain and simple.

And the odd fish that wasn't burnt by Neteller who deposited by some other means will hear stories about what Neteller did to their friend, or brother or Uncle and that will more then likely frighten them away also.

Even when the sites find a new funding method all the goodwill and trust that was there is gone from the fish who were burnt by Neteller. They will not want to deposit again.

Party has had a huge head start, heavily advertising in the non US countries while most other sites left it alone figuring that even when Neteller bailed there would be a half dozen or so ther compnaies ready to replace it.

What they did not count on was the US getting as aggressive as they did in trying to cripple the online gambling industry such as the recent Neteller arrests.

They did not count on Neteller freezing funds for 6 months destoying any faith or goodwill from the fish which accounts for the majority of the funds being used for online gambling.

I say in a couple of months Party will be #1 again by a huge margin, not that I'm happy about it as I'd rather play on Stars