Best Online Casino Guide

    

Online Poker Making a Slow Comeback in USA


Caesars Interactive Entertainment has recently announced that WSOP.com is due to launch their real money poker room in Nevada on September 19, 2013. This will make WSOP Poker the second operating online poker room in the state of Nevada, since Ultimate Poker had dealt the first licensed and regulated poker hand on April 30 of this year.

The flagship of the new poker room will be the WSOP Online Championships, an online poker festival which consists of 9 major tournaments, with 500,000 Dollars being added to the prizepool and winners of all 9 tournaments gathering for a live event called the “Online Nine”, which is set to be held side-by-side with the final table of the live WSOP main event (The “November Nine”). Another popular feature will be satellite tournaments linked to various live WSOP events.

Although there are a few signs of some incipient poker life, it will take many more years for poker industry to regain the pride of place it had on the US market prior to the so-called “Black Friday”. This cataclysmic event saw the US Department of Justice (DOJ) shut down all the major poker rooms, at the same time freezing the money in poker room bank accounts and bringing in some of the board members for questioning.

Full Tilt Poker took the hardest hit, as they had been unable to pay off their debts to  players and the state, with allegations of fraud and irresponsible behavior consequently being made. PokerStars was able to avoid a similar devastation by reopening in short order for customers of the regulated markets and providing compensation for US players.

Full Tilt never actually recovered from this scandal, and after several failed purchase attempts by various investment funds and groups, PokerStars purchased what was left of the company and reopened the once-legendary poker room to players in most regulated markets.

“Black Friday” was particularly uncomfortable for the major companies, but the main party to suffer was undoubtedly the players. Their money got stuck in their poker accounts and they could no longer earn a living as professional online players. Imagine a situation where one day you have $100,000 in your poker account, but the next morning all your assets have been frozen, your livelihood together with your bankroll has been taken away and worst of all, you are forced to move to a foreign country in order to start all over again from scratch.

These first steps by WSOP.com and Ultimate Poker are certainly a sign that the poker climate is once again warming up in the US, but an awful lot still needs to be done in order to restore the level of popularity that online poker once enjoyed in the USA. For now it is solely the state of Nevada that has been working on licensing and regulating the poker rooms, but hopefully more states will soon follow suit, if you’ll pardon the pun, and eventually US players will be able to play together as a part of the international player pool.


Do you want to get more news?

Subscribe and get an exclusive bonus

Already subscribed: 3834+


SIGN UP FOR OUR NEWSLETTER

WHY SIGN UP?

  • Win €6,000 in our FREE prize draw
  • Over €20,000 in UNIQUEbonus offers
  • Over 1,650 EXCLUSIVE free spins
  • All the latest casino reviews and updates
  • In-depth analysis from our gaming experts

Get Bonuses

for mobile casinos

  • + 47
  • + 47
  • + 46
  • + 358
  • +1
  • +1
  • +61
  • +44
  • +49
  • +31

Thank you for subscribing!

Within 5 mintues, you will begin to receive SMS messages with exclusive offers. We wish you the best of luck!


Related articles

Scottish Referendum Odds Latest – ‘Yes’ Shortens, ‘No’ Lengthens

scotland countdown news 130 90
We’re into the home straight with the Scottish Independence Referendum build up now, with the date set at September 18, 2014, that leaves only about 3 weeks to go until [...]

UK National Lottery Operator Fined £100,000 For Wrong Jackpot Sum

National Lottery 130x90
Now this is one you don’t hear every day – people obviously complain when their numbers don’t come up in the lotto, but what about if the lottery operator’s numbers [...]

Join the Saga Race at Casino Saga and Win Bonuses and Free Spins

Casino Saga Race 130x90
The peaceful people of the Saga Islands have introduced more excitement in their ongoing Casino Olympics! Running until Friday, 28 August 2014, it’s a straightforward race where the fastest runner takes [...]

Norwegian Poker Players Robbed at a Swedish Home Game

robbery 130
A group of about 15 poker players, most of them Norwegians fell victim to an armed robbery in the early hours of last Friday, 22 August, 2014 at a farm [...]
X
Casino Daily News

WHY SIGN UP?

UNIQUE OFFERS FROM THE BEST ONLINE CASINOS

WAIT! SIGN UP AND GET ALL THE BEST CASINO OFFERS IN YOUR MAILBOX!

Casino Daily News
No, thank you. Go to casino »