#1
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Couple more poker rooms tightening up....cross post
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#2
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Re: Couple more poker rooms tightening up....cross post
I assume (in the hypothetical world where the current legislative environment goes on forever) that we'll eventually reach some kind of equilibrium where sites will have less incentive to stop taking US bets as the pool of US-bet-taking sites shrinks, adding to the profitability of continuing to take US bets.
I can't imagine Party will ever stop, short of the "extraordinary rendition" of their execs. |
#3
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Re: Couple more poker rooms tightening up....cross post
i hope you are right.
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#4
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Re: Couple more poker rooms tightening up....cross post
Just your typical overreaction by poker rooms. When a lot of rooms dump US players, sure enough there will rooms to compete for the scraps. Take down one booze runner, another one takes it's place.
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#5
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Re: Couple more poker rooms tightening up....cross post
All of these sites that are banning US customers are small, bush league operations that are having trouble generating revenue in the status quo. They're also probably not well capitalized enough to sustain a shock to the system in the form of an effective US ban or an executive being detained.
Also, the American market is relatively saturated, and the cost of customer acqusition is going to be lower in Europe and probably Asia. In essence, these sites are behaving as short sellers; they stand to gain if a US ban does pass because they'll have a head start on acquiring European and Asian customers. But this isn't all that risky a position to take because these sites don't have many high-volume US customers anyway. |
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