Re: What don\'t you get ? It does not take a genius.
[ QUOTE ]
[ QUOTE ]
Listen, in the future when poker is legalized/regulated whatever, the rake will go down. Competition will do this.
[/ QUOTE ]
I'm surprised nobody has commented on this yet.
I don't think rake dropping is likely. When poker is regulated, it is likely that it will be restrictively licensed and heavily taxed. This means that there won't be an influx of competition and that overhead costs will increase. Sure there will be a handful of new sites, but they are much more likely to offer big signup bonuses to draw people in rather than fight a price war on rake.
It's very conceivable that when poker is regulated, the rake will actually increase.
[/ QUOTE ]
That was my first thought to this. To what extent can the US tax and regulate the overseas sites?
|