navLeft Online Poker 777 - the most updated online poker related portal chips navRight

online poker

   Monday, July 22 2024 
Nevada: Possible saturation of the market with the launch of the 2nd online poker room

After the launch of Ultimate Poker on last April 30th, Caesars Entertainment Corp. and the World Series of Poker launched the platform for enthusiasts of online poker in Nevada. This new poker room was published online on last Thursday. But observers and operators themselves seem worried about the possible saturation of the market. In fact, the number of players inside the State didn’t evolve while competition has just increased. The importance of the market of online poker in Nevada hasn’t been revealed yet by the Nevada Gaming Control Board, since the opening of Ultimate Poker, but some actors of the sector are already counting on a saturation of the market. The NGCB waits the implementation of at least three platforms in Nevada, before reviewing on the market of online poker. For that purpose, at least three rooms of online poker are expected until the end of the year, following the example of 888 Poker, Treasure Island and South Point.

Currently, the revenue of online poker is mixed with the one of live poker. The revenue of the County of Clark, where is established Station Casinos, the operator of Ultimate Poker, has known a progress of 55.4% at $2.1 million in July. To develop the market, the two operators laud for a sharing of liquid assets with other regulated States. The regulation of the interstate market became a necessity for Nevada; an opinion shared by the president of Caesars Interactive Entertainment, Mitch Garber, and his counterpart Ultimate Gaming, Tom Breitling. The governor Brian Sandoval is in favor of this idea of common liquid assets. And according to observers, New Jersey would be the future partner of Nevada.

This page has been viewed 567 times.

All trademarks and copyrighted information contained herein are the property of their respective owners.

Top Rooms
NetBet Poker
200% up to € 1,500
888 Poker
Get £12 free, no deposit required
William Hill
Up to 300 €
Titan Poker
200% up to $2,000
125% up to $500 first deposit bonus
Party Poker
50$ welcome bonus

Copyright © 2024


  All rights reserved.