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Old 01-18-2007, 05:45 AM
swingdoc swingdoc is offline
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Join Date: Dec 2006
Location: 667...Neighbor of the beast
Posts: 804
Default Re: The long term future of Online poker

Admittedly the decision by neteller to prohibit transactions from US banks is going to be a problem - albeit minor. The current legislation is mmm, interesting and barely scrapes by the former WTO ruling that the US could not declare international online gambling illegal for their citizens, as that would be a violation of international law. The current piece of legislation apparently was passed by piggy-backing onto a port security or authority bill. So, essentially, the US government is fighting an uphill battle to stem the tide of online gambling, a battle I doubt they can win.

Why shold online poker succeed? First point is that just about any industry that is successful in real life, and whose product/service is amenable to online retail has succeded quite well onine. Poker (in general) is absolutely booming right now. B&M poker rooms are springing up and operating successfully everywhere they are legal. The consumers are obviously there and the convenience of the internet (including lower limits, lower rakes, convenience, etc) makes this game even more attractive to new players.

Unless international law changes significantly, the online poker rooms will continue to flourish, although they obviously may slow their growth while Americans sort out what precisely their new law means.

By the way, can some admin please ban prismis and his obvious rakeback whoring?

Nate
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