Posts Tagged ‘Year’

2014 CarbonPoker Card Player Player of the Year Update — Kanit, Pahuja, Coren & Afriat Make Big Moves

It was an absolutely massive week in the 2014 Card Player Player of the Year race, sponsored by CarbonPoker. Here is a look at the numerous huge events that dramatically influenced the overall standings over the past seven days:

2014 EPT Sanremo Main Event

Vicky Coren MitchellNearly eight years after taking down the 2006 EPT London, Vicky Coren Mitchell topped a field of 556 entries in the 2014 EPT Sanremo main event to write her name in the history books as the first ever two-time European Poker Tour champion. The tour, which is currently approaching the end of it’s tenth season, has crowned 97 different main event winners along the way, but never a repeat victor until now.

For the win Coren Mitchell €476,100 ($ 657,780 USD) and 1,680 POY points for the win. She now sits in 14th place in the POY standings as a result. She defeated Giacamo Fundaro heads-up to win the title, with the Italian earning €298,700) ($ 412,684 USD) and 1,400 POY points for his runner up finish. He now sits in 25th place in the overall standings.

2014 EPT Sanremo High Roller

Mustapha KanitGerman pro Ole Schemion has won the European Poker Tour Sanremo €10,300 no-limit hold’em high roller, topping a field of 105 entries to win €265,000 and his tenth career title. The 21-year-old has amassed more than $ 4.6 million in tournament earnings in recent years playing on the European circuit.

In addition to the plentiful prize money there were also plenty of Card Player Player of the Year points awarded in this event, with Schemion taking home 600 for the win and climbing to 33rd place in the overall POY standings as a result. For his fifth-place finish Mustapha Kanit earned 250 points. This was his fifth final table finish of 2014, bringing his year-to-date earnings to $ 908,354. As a result Kanit now sits in third place in the rankings with 2,884 points.

2014 WPT Seminole Hard Rock Poker Open Main Event

Eric AfriatThe 2014 World Poker Tour Seminole Hard Rock Poker Open $ 3,500 no-limit hold’em main event tournament drew a record field of 1,795, creating a total prize pool of $ 5,788,875 to blow away the $ 5 million guarantee. From that giant sea of tables only one champion could emerge, and that was 44-year-old Montreal, Quebec resident Eric Afriat who came out on top, earning his first WPT title and the $ 1,081,184 first-place prize.

In addition to the title and the money Afriat also earned 1,620 POY points. This was his first score of 2014, but it was enough to catapult him to 14th place in the standings.

Mukul PahujaFinishing runner-up was Florida’s own Mukul Pahuja, who earned $ 691,965 and 1,350 POY points for his latest deep run in a huge event. Pahuja has been on a tear lately, both on the WPT and at the Seminole Hard Rock in Hollywood, where he finished third in the $ 10,000,000 guaranteed event last August.

Pahuja has already made two WPT final tables in 2014, finishing 8th in the WPT Lucky Hearts Poker Open and then fourth in the WPT Bay 101 Shooting Star main event. He came into this final table sitting in 41st place in the overall standings, but with this result has moved into sixth position with 2,442 points and year-to-date earnings of $ 1,048,912.

2014 Irish Open Main Event

Patrick ClarkeA total of 411 players turned out for the 2014 Paddy Power Poker Irish Open €2,250 no-limit hold’em main event, building a prize pool of €822,000. In the end the last player standing was Ireland’s own Patrick Clarke, who earned €200,000 and 1,080 POY points.

As a result of the win Clarke climbed into a tie for 50th place in the overall POY rankings with James Mackey.

In addition to the first-place prize Clarke was also awarded €50,000 as a result of winning the Paddy Power Poker Sole Survivor contest, a last longer of sorts run by the company for players who satellited into the event. Both Clarke and his heads-up opponent Dave Pollock where online qualifiers, so it came down to heads-up to determine who would walk away with the extra cash.

Here is a look at the current top 20 in the POY standings:

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Published on 12:30 pm by Administrator

Category: Poker

Tags: , 2014, Afriat, CarbonPoker, Card, Coren, Kanit, Moves., Pahuja, Player, Update, Year

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2014 CarbonPoker Card Player Player of the Year Update — Cheong, Sandling and De Fenza Win

Things are really heating up in the 2014 Card Player Player of the Year race, sponsored by CarbonPoker. Here is a look at the events that most influenced the overall standings over the past week:

2014 Bellagio $ 25,000 High Roller V

Joseph CheongThe Bellagio Poker Room has played host to a series of $ 25,000 buy-n no-limit hold’em high roller events throughout 2014. The most recent running of the event attracted a total of 24 entries, building a prize pool of $ 591,000.

In the end the last player standing was none other than Joseph Cheong, who earned $ 295,500 and 420 POY points for the win. Cheong is apparently specializing in these high buy-in, small field events at Bellagio this year, as he has already finished runner-up twice in these $ 25,000 events.

All told he has cashed for $ 512,299 so far this year and earned a total of 1,120 POY points, enough to move him into 39th place in the overall standings.

World Series of Poker Circuit Harrah’s Cherokee

Jason SandlingA total of 665 entries were made in the 2014 World Series of Poker Circuit $ 1,675 no-limit hold’em main event at Harrah’s Cherokee in North Carolina, building a total prize pool of $ 997,500.

Jason Sandling emerged victorious, earning $ 204,487 and 840 POY points. This is his lone POY-qualified score so far in 2014, but it alone is enough to move him into 72nd place in the POY rankings.

Runner-up William O’Neal took home $ 126,533 and 700 points at his second WSOP Circuit final table of the year. He had previously finished third in a $ 580 prelim at the WSOP Circuit Tunica and now sits in 71st place in the overall standings, just ahead of Sandling.

Italian Poker Tour Sanremo Main Event

Alessio de FenzaA total of 1,124 entries were made in the €770 ($ 1,064 USD) Italian Poker Tour SanRemo main event, the early highlight at the 2014 European Poker Tour Sanremo festival. The lion’s share of the $ 1,087,672 prize pool ended up going to Italian local Alessandro De Fenza, who earned €105,600 ($ 145,728 USD) and 960 POY points for the win.

De Fenza is a SuperNova Elite on PokerStars, meaning that he has a ton of experience playing online, but had very little in the way of live tournament results to speak of prior to this win.

The EPT Sanremo €4,900 no-limit hold’em main event got underway earlier this week, with 556 players already registered and players still able to enter going into the start of day 2 on Wednesday, so that is sure to be a huge tournament in terms of awarding both payouts and POY points.

Here is a look at the current top 20 in the POY standings:

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Published on 12:31 am by Administrator

Category: Poker

Tags: , 2014, CarbonPoker, Card, Cheong, Fenza, Player, Sandling, Update, Year

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Casino-Resort Authorization Not In Cards For Florida This Year: Report

Massive commercial casino-resorts will not be authorized in and for Florida this year, according to a report from the Bradenton Herald. Lawmakers in the state reportedly have conceded that the proposal is off the table during this session.

The news isn’t too surprising, however.

Instead, lawmakers are looking to pass a bill that would phase out greyhound racing.

According to the report, “Florida is home to 13 of the last remaining 21 greyhound tracks in the nation. But as attendance has declined and people have spent less money betting on dogs, state law requires them to operate the same number of races they were running as nearly two decades ago.”

Casino firms, such as Las Vegas Sands and Resorts World Miami (owned by Genting), the latter of which is hoping to build a casino on property it owns in Miami, will surely continue the fight next year for the go-ahead to build. The lobbying has been pricey.

Commercial casino interests have been trying since the 1970s to get approval to build, but it hasn’t panned out. Disney is a powerful opponent to the casino-resorts.

According to Bloomberg, the state found that commercial casino resorts could generate $ 1.5 billion in spending annually in Florida. The state’s tourism industry is $ 71.8 billion.

Right now, Florida has tribal casinos (which are not considered commercial), a handful of them, in addition to 31 pari-mutuel facilities. The tribal casinos in the state have the forms of casino gambling you’d find in a Las Vegas casino, minus the craps and roulette.

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Published on 6:30 pm by Administrator

Category: Poker

Tags: , Authorization, Cards, CasinoResort, Florida, Report, This, Year

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Report: New York Web Poker Bill Not To Be Pushed This Year

An online poker bill was introduced into the New York legislature last week, but don’t expect it to pass this year. The bill’s sponsor reportedly said his intention is not to pursue it seriously in 2014.

According to the Associated Press, Sen. John Bonacic, chair of the Senate Committee on Racing, Wagering and Gaming, said: “I don’t intend to push this this year. But we need to start a discussion.” New York joins other states in the country with a wait-and-see approach.

New York will eventually be home to a handful of additional casinos, after voters last year approved a gambling expansion proposal passed by lawmakers.

The idea is to see how those perform first before trying online poker.

The authorization of online poker, under the current bill, calls for awarding 10 licenses. Each license would be good for a decade, costing $ 10 million apiece. Revenues would also be subjected to a 15-percent tax. Of course, those numbers will debated heavily.

Right now, Nevada, New Jersey and Delaware have legal and operational online gaming. California is still considered the favorite to legalize this year. However, it’s likely that no other state will end up authorizing forms of online gaming in 2014. Next year is a better bet.

The reason why California is the front-runner is because it has been looking at the issue for years and there is a very strong gambling business already existing in the state. With that said, the tribes are basically divided on organize such an industry.

PokerStars, the largest poker site in the world, wants in on California, but some tribes are trying to block such a move.

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Published on 12:30 am by Administrator

Category: Poker

Tags: , Bill, Poker, Pushed, Report, This, Year, York

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High-Stakes Online Poker: Viktor Blom Back To $1 Million In Profits On The Year

The past 48 hours or so netted poker pro Viktor Blom more than $ 200,000, bringing his profits on the year to more than $ 1 million once again.

Blom has been incredibly swingy this year, as he was up more than $ 2 million in February. He fell into the hole in the early part of March, before climbing out recently. His solid week came despite losing a sick $ 240,000 pot to Phil Galfond in pot-limit Omaha.

Lifetime, Blom is down around $ 500,000 on Full Tilt Poker, according to HighstakesDB.

Another player who has been up and down lately is Gus Hansen, though that’s much better than just down. Hansen was able to erase around $ 1 million of his lifetime deficit on the software, but gave some of that upswing money back recently. He’s back to being down around $ 16.1 million over his career on the Full Tilt software, which is the most ever.

In other news, Ben “Bttech86” Tollerene opted out of having his long-term results tracked, HighstakesDB said. Tollerene could very well be the biggest winner across all sites so far this year. Other high-stakes pros have opted out before, including Niklas “ragen70” Heinecker.

As a result, any sort of look at the overall winners and losers for the year is increasingly becoming more and more obsolete, unfortunately. The poker community might implode if Blom ever decides to stop having his results tracked.

Blom’s recent profits came at pot-limit Omaha and limit deuce-to-seven triple draw.

Card Player recently interviewed Dan Cates about Blom, after the two had a really heated exchange earlier this month. Cates called Blom a “scumbag.”

Cates is up more than $ 1 million as well in 2014.

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Published on 12:32 pm by Administrator

Category: Poker

Tags: , Back, Blom, HighStakes, Million, Online, Poker, Profits, Viktor, Year

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2014 CarbonPoker Card Player Player of the Year Update — Dylan Wilkerson and James Carroll Join Top Five

It was another very busy week in the 2014 Card Player Player of the Year race, sponsored by Carbon Poker. Here is a look at the events that most influenced the overall standings over the past seven days:

World Poker Tour Bay 101 Shooting Star Main Event

James CarrollJames Carroll emerged victorious in the 2014 World Poker Tour Bay 101 Shooting Star $ 7,500 no-limit hold’em main event, overcoming a record field of 718 entries to win his first WPT title, the $ 1,256,550 first-place prize and 1,824 Card Player Player of the Year points. As a result of these two wins Carroll has ascended to fifth place in the overall POY race standings, with 2,244 points and $ 1,302,856 in year-to-date earnings.

Carroll defeated Dylan Wilkerson heads-up for the title. Wilkerson had finished runner-up in the WPT Fallsview Poker Classic main event just weeks earlier for $ 205,925 and 1,000 points, and this time around he took home $ 728,650 and 1,520 POY points for his deep run. As a result of his two huge WPT runner-up showings Wilkerson now sits in third place in the overall POY standings with 2,520 points and $ 934,575 in year-to-date earnings.

World Poker Tour National – Venice

Sotirios KoutoupasThe 2014 Gioco Digitale WPTN Venice Carnival no-limit hold’em main event attracted 199 entries, building a total prizepool in excess of $ 530,000 USD. In the end Andrea Dato came out on top, earning $ 145,703 and 504 points for the win. Dato defeated Sam Trickett, the second highest earning player in tournament poker history, for the win. The British professional now has $ 19,947,544 in live earnings.

Sotirios Koutoupas finished sixth for $ 26,922 and 168 points. Koutoupas topped a field of 671 entries in the €5,300 buy-in European Poker Tour Deauville main event early in February, becoming the first Greek player to capture an EPT title and earning $ 839,670 and 1,680 points. These two scores have catapulted Koutoupas into ninth place in the overall POY standings.

Latin Series of Poker Millions $ 1 Million Guarantee

Carter GillA total of 1,290 entries were made in the $ 850 LSOP Millions $ 1 Million Guarantee no-limit hold’em main event that took place last week in Panama City, and from that huge turnout emerged a final nine that featured a number of notable players including Jose “Nacho” Barbero and Carter Gill.

Leonardo Tarazona took a chip lead into the final table, but in the end it was Carter Gill who came out on top, earning $ 175,070 and 480 POY points for his fourth live tournament title. As a result the American poker pro’s career live tournament earnings surpassed the million-dollar mark.

Here is a look at the current top twenty in the POY standings:

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Published on 12:32 pm by Administrator

Category: Poker

Tags: , 2014, CarbonPoker, Card, Carroll, Dylan, Five, James, Join, Player, Update, Wilkerson, Year

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CarbonPoker Sponsors 2014 Card Player Player of the Year Race

2013 Card Player Player of the Year Daniel NegreanuFor 2014 Card Player has partnered with CarbonPoker to continue to bring you coverage of the most historic and prestigious Player of the Year race in Poker.

Since it’s inception in 1997 the Card Player Player of the Year award has been a symbol of excellence and consistency in tournament poker. Some of the greatest names in the game have earned the POY title, including Daniel Negreanu (2013, 2004), T.J. Cloutier (1998, 2002) Men Nguyen (1997, 2001, 2003, 2005) and David Pham (2000, 2007).

During the mid-2000’s a couple of live circuit heavy hitters took the POY honors, including Michael Mizrachi (2006) and John Phan (2008).

In recent years the generation of players who climbed the ranks and built their skills online have also made their mark on the POY award, with recent champions including young guns like Eric “basebaldy” Baldwin (2009), Tom “kingsofcards” Marchese (2010) Ben “benba” Lamb (2011) and Greg “gregy20723” Merson (2012).

Card Player will be bringing you in depth coverage of the 2014 POY race as it unfolds throughout the year, including weekly updates on the standings and issue-by-issue coverage of the top 20 performers on the poker circuit. Who will be the next player to add their name in the history books? Stay tuned to find out.

Here is a look at a complete list of Card Player Player of the Year award winners:

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Published on 5:32 pm by Administrator

Category: Poker

Tags: , 2014, CarbonPoker, Card, Player, Race, Sponsors, Year

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Carbon Poker Sponsors 2014 Card Player Player of the Year Race

2013 Card Player Player of the Year Daniel NegreanuFor 2014 Card Player has partnered with Carbon Poker to continue to bring you coverage of the most historic and prestigious Player of the Year race in Poker.

Since it’s inception in 1997 the Card Player Player of the Year award has been a symbol of excellence and consistency in tournament poker. Some of the greatest names in the game have earned the POY title, including Daniel Negreanu (2013, 2004), T.J. Cloutier (1998, 2002) Men Nguyen (1997, 2001, 2003, 2005) and David Pham (2000, 2007).

During the mid-2000’s a couple of live circuit heavy hitters took the POY honors, including Michael Mizrachi (2006) and John Phan (2008).

In recent years the generation of players who climbed the ranks and built their skills online have also made their mark on the POY award, with recent champions including young guns like Eric “basebaldy” Baldwin (2009), Tom “kingsofcards” Marchese (2010) Ben “benba” Lamb (2011) and Greg “gregy20723” Merson (2012).

Card Player will be bringing you in depth coverage of the 2014 POY race as it unfolds throughout the year, including weekly updates on the standings and issue-by-issue coverage of the top 20 performers on the poker circuit. Who will be the next player to add their name in the history books? Stay tuned to find out.

Here is a look at a complete list of Card Player Player of the Year award winners:

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Published on 11:30 am by Administrator

Category: Poker

Tags: , 2014, Carbon, Card, Player, Poker, Race, Sponsors, Year

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2014 Card Player Player of the Year Update — Cary Katz and Jonathan Gaviao Into Top 20

There was plenty of action this week in the 2014 Card Player Player of the Year race. Here is a look at the events that most influenced the overall standings over the past seven days:

2014 Bellagio $ 25K High Roller III

Cary KatzThe Bellagio has hosted a series of $ 25,000 buy-in no-limit high rollers in 2014. On the last day of February 13 entries were made in the most recent of these tournaments, building a $ 320,125 prize pool.

Cary Katz, who defeated Joseph Cheong heads-up on Feb. 1st to win the previous running of this event, again came out on top. For his second title of the year Katz earned $ 208,081 and 420 POY points.

In addition to these back-to-back wins Katz also finished fourth in a $ 5,300 no-limit hold’em eight max side event at the PCA. That event drew 250 entrants, and Katz earned $ 67,580 and 408 for his deep run. As a result of his three scores in 2014 Katz now sits in 17th place in the overall POY standings with 1,248 points and $ 451,730 in year-to-date earnings.

2014 WSOP Circuit Caesars Palace

Jonathan GaviaoChristian Pham emerged victorious in the 2014 World Series of Poker Circuit Caesars Palace $ 1,675 no-limit hold’em main event, a field of 695 entrants to win the lion’s share of the $ 1,045,500 prize pool and 840 POY points. Pham defeated Jonathan Gaviao heads-up for the title exactly one month after Gaviao came out on top in the WSOP Circuit Tunica main event.

Gaviao earned $ 132,622 and 700 points for his runner up finish. When combined with the $ 181,757 and 840 points for his win in Mississippi, Gaviao’s POY point total for 2014 has risen to 1,540. He now sits in ninth place in the overall standings, with year-to-date earnings of $ 314,379.

Pham’s win moved him into a nine-way tie for 38th place in the overall standings.

2014 Deepstack Extravaganza Main Event

Jeremy AusmusA total of 475 entries were made in the $ 500,000 2014 Deepstack Extravaganza I $ 1,600 no-limit hold’em main event, surpassing the guarantee to build a prize pool of $ 691,600.

In the end Las Vegas resident and 2012 November Niner Jeremey Ausmus emerged victorious, taking home $ 120,054 and 720 Player of the Year points. This was Ausmus’s second DSE main event win, having won the $ 2,500 main event in the DSE II last April. This was his first final table of 2014, however, and was enough to catapult him into a tie for 59th place in the overall standings.

Ausmus had to overcome a stacked final table that included the likes of Will “The Thrill” Failla, Samantha Cohen, Seth Berger and Ryan Welch en route to the win.

2014 UKIPT Dublin

Max SilverA total of 682 entries were made in the 2014 UK and Ireland Poker Tour Dublin €770 no-limit hold’em main event, building a prize pool of $ 635,984 USD. In the end the last player standing was Kevin Killeen, who took home $ 120,412 and 840 POY points for the win.

Killeen topped Max Silver heads-up for the win. Silver, who finished ninth in the 2014 PokerStars Caribbean Adventure main event for $ 135,400 in January, earned another $ 73,730 and 700 POY points for his runner-up finish. As a result he now sits in a tie with Shannon Shorr for 34th place in the overall POY standings with 900 points and $ 209,130 in year-to-date earnings.

Silver has been a dominant presence on the UKIPT, having particularly notable success at this event in Dublin over the years. This was his third time at the event’s final table in four tries, including a win in 2010. He has made eight final tables in UKIPT events in the past four years.

Here is a look at the current top 20 in the POY standings:

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Published on 5:30 pm by Administrator

Category: Poker

Tags: , 2014, Card, Cary, Gaviao, into, Jonathan, Katz, Player, Update, Year

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U.S. Online Poker Market Could Be $2.2 Billion A Year Under Nationwide Industry

Legalized online poker is slowly, but surely, coming to the United States. Right now, three states — Nevada, New Jersey and Delaware — have online poker up and running in their respective borders. More are expected in the near future (maybe none in 2014, though).

While the poker boom, which started around a decade ago, has ended, the U.S. online poker market could be set for a comeback. Card Player had the chance to speak with Dr. Kahlil Philander of the University of Nevada Las Vegas, who has done research on the size of the U.S. online poker market, to talk about some of the things that could be in store.

Brian Pempus: Can you talk about some of the estimates of the U.S. online gambling market?

Kahlil Philander: Well, my research has only been with online poker. As for online gaming in general, my take is that there are a lot of numbers out there that are probably overly optimistic in general. And that’s probably pretty consistent with what we’ve seen come out of New Jersey, just as far as the end of November and full December numbers, which were the first real test of a population big enough to hold a reasonably-sized poker market and also a market that has online casino games and online slots. So, I mean that’s sort of a general perspective. But in terms of trying to benchmark online poker, in particular, and comparing it to where the market was previously, I certainly think that if there was widespread adoption of legal online poker the market would certainly be larger than the previous peak, which was sort of the post-UIGEA, but pre-Black Friday, era. If you go by PokerScout’s numbers, which are considered the best in the business…you could easily exceed that by quite a bit.

BP: Do you have an estimate on the size of the U.S. market if online poker was legal everywhere?

KP: If there was a national network, my forecast was around $ 2.2 billion during the first year. That’s assuming there would be liquidity between all those players. If somehow Congress passed a bill or every state legalized it simultaneously on their own and had compacts.

BP: There was some indication in the past that California, with the largest population of any U.S. state, might want to isolate itself and have its own online poker industry and not share liquidity with another state. Do you think this could be viable for California?

KP: They are a big enough state to where they could create a viable network on their own, but they would always benefit from allowing people in from other areas and other time zones to also participate. But there’s some protectionistic ideas behind them sort of taking that approach. One of the issues with interstate deals is where do the servers have to be located. There are a certain number of jobs associated with that infrastructure, so there’s an interest in having that within your own borders. So part of this is politicking and trying to reap the economic benefits. If you really look at it in terms of the long term, mostly everybody can benefit from having shared player pools. It’s just the negotiations that have to happen in the interim. I’m fairly confident that in the end that’s the situation that we are going to get to, should these states decide to adopt legal online poker.

BP: What kind of timeline would you give for there to be a true U.S. online poker system?

KP: That’s a tough question. Five years ago a lot people thought a national network was going to pop up in a year. It is really hard to predict these types of things. They do take time. It doesn’t look like California, for example, will have anything passed in 2014, but you never know. When you try to think about gambling adoption, and Internet gambling adoption in particular, there’s a few things that can preempt things being legalized or banned. In terms of general gambling, one of the biggest things is whether there is a public revenue shortage. So as things get further and further and away from the financial crisis — the Great Recession — that makes less of an impact, but it certainly did help provide this wave of adoption in Nevada, New Jersey and Delaware. But you also need things like political motivations, obviously an interest by players and other stakeholders. There needs to be that cultural interest in having gambling adopted. So you wouldn’t see it in Utah or Hawaii. And then the technological infrastructure. So the issue here is that some states might want to sit back and see how things develop in Nevada and New Jersey. See if this geo-location is accurate as they might want it to be, and what hiccups arise. Certainly if New Jersey continues to grow quickly and a lot of revenue is generated, that may accelerate some timelines in other states.

BP: Now, we’ve seen PokerStars exist as an industry leader for quite some time, but they haven’t been able to gain access to the United States again yet. Let’s say the firm never returns to the U.S., do you think it could be dethroned so to speak from its top spot?

KP: It’s hard to say. PokerStars is in a fairly entrenched market position, internationally. There are a lot more markets in Europe…if one or two dominant firms emerged in the U.S., and international compacts were available and they could farm out and create an international network between their U.S. sites and European sites, certainly there is potential for them to acquire some market share from PokerStars. I mean, yeah it’s possible PokerStars could lose some market size, but they do have a lot of good will among the poker community, good software and they already have a large network, which regardless of what happens in the U.S., is still going to have a lot of liquidity. It’s hard to say there’d be a significant risk for their business, but projecting out more than a couple of years is always a challenge.

BP: Going along with that, how does the U.S. market compare to the global online poker market?

KP: The U.S. is the world’s largest economy. It also has widespread Internet and broadband access which are sort of the two biggest things in determining the value of a market. I was looking at a paper by Ingo Fieder and Ann-Christin Wilcke, called “The Market for Online Poker.” Ingo and myself looked at the North American market, but he also looked at sort of the global market, and the market share of the USA in 2010 in poker was 27 percent. It is a massive piece of the puzzle. There are a lot of people in the country, people with discretionary income and who have Internet access.

BP: Since most Americans are familiar with online poker, would you think that online poker as a percentage of overall online gaming revenue for a U.S. state would shrink over time as people become more familiar and comfortable with other games on the Internet?

KP: Well, some people thought that initially the casino games would be much larger than poker right out of the gate. In New Jersey, the first number that came out wasn’t all that much different. Casino games had a slight lead in overall market revenue over poker, but wasn’t that large. I think the big issue in the US will be whether states chose to adopt all sorts of casino games, or whether they only adopt poker. That will be the primary issue in terms of how it gets divvied up between the different games. But I don’t see poker falling by the wayside as other games become more popular. There is just nothing that will support that being the case.

BP: Has your research suggested U.S. online poker is complementary to live poker rooms?

KP: I’m fairly convinced that these two things are complementary…If you think about it kind of makes sense. It’s fairly different customer bases, and motivations, but they are similar games, so there is a link. They are activities that are done by different people and at different times. I think there is some loss in the overall gaming world, but it’s most likely going to come from offshore operators first.

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Published on 5:31 pm by Administrator

Category: Poker

Tags: , $2.2, Billion, Could, Industry, Market, Nationwide, Online, Poker, U.S., under, Year

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