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Online poker: Towards the strengthening of market this year 2013
Online poker market faced several obstacles, preventing it to know a good development during the year 2012. Among the events that highlight this problem include the closure of several online poker rooms in France. These latter had real difficulties to achieve the necessary breakeven. According to an article of Financial Mail, experts remain pessimistic about the future of the market, especially for this year 2013. English leaders of online gambling industry indeed discussed at a meeting held last week that the poker world is currently structured. It is composed of a minority of large operators and a majority of small operators trying to get a place on the market. The latter, however, had difficulties to resist and if they want to continue their business, they should regroup and gather their strength.
Among the major operators who monopolize a large share of the market appears PokerStars. This online poker site has over 50 million subscribers and by operating the new Full Tilt Poker, the group has 70 to 90% of the market. However, other operators such as 888.com or Betfair capture only a small market share of 6%. The fact that the U.S. online poker market slow to legalize is also an obstacle for the development of this industry. And apparently, it will have to wait a few years because the process of legalization of the U.S. market is difficult to achieve.
Source: Jack SMITH
Tuesday, 08 January 2013
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