..

Phenomenal Percentage Growth Rates Likely for US-Facing Online Poker Rooms

Written by:
C Costigan
Published on:
Apr/19/2011
online poker rooms

PokerScout.com, which keeps tabs on “real cash” player traffic at all the major online poker rooms, reports that the worldwide online poker market shrank a colossal 23 percent since the indictments of Full Tilt Poker, PokerStars and UB.com on Friday.  These sites have effectively been forced to exit the US market after the US Justice Department seized their respective .com and .net domain names.  

But there is one – make that two – bright notes.

Online poker rooms still catering to the US market have all seen tremendous growth rates in recent days.   Bodog Poker is up 26 percent, Merge Gaming is up 23 percent, Cake Poker is up 19 percent, the much smaller Everleaf is up 8 percent. 

Likewise, European-based online poker sites looking to enter the US market now have less competition and there are questions remaining as to whether Full Tilt and PokerStars can survive in the Euro market following bad press and fears of addition prosecutions of company executives, Interpol arrests and further money seizures. 

Traffic in the European Web card rooms not only surged, so did their share prices.  Most of the online poker room networks based out of Europe are publicly traded entities. 

PokerStars witnessed a 9 percent growth, iPoker was up 8 percent and 888.com was up 5 percent.  The biggest increase in traffic was seen at PKR Poker, which recorded a 21 percent rise. 

- Christopher Costigan, Gambling911.com Publisher

Follow breaking headlines around the clock at Gambling911.com Twitter Here

Poker News

What Time is the 2nd Round of the Hellmuth Negreanu Duel?

What Time is the 2nd Round of the Hellmuth Negreanu Duel?

The “High Stakes Duel" pits pros Daniel Negreanu, the top money earner, against Phil Hellmuth, the record bracelet holder.

Susie Zhao Murder Trial Delayed Again

Susie Zhao Murder Trial Delayed Again

The 33-year-old poker player was bound, sexually assaulted, and burned alive.

Results of Record-Breaking 2021 WPT Seminole Hard Rock Poker Showdown Announced

Results of Record-Breaking 2021 WPT Seminole Hard Rock Poker Showdown Announced

Celebrating its 10-year partnership, Seminole Hard Rock Hotel & Casino Hollywood and World Poker Tour (WPT) announce the results of a record-breaking 2021 Seminole Hard Rock Poker Showdown. There were 2,482 entries in the tournament’s $3,500 WPT NLH Championship producing a prize pool of $7,942,400.

Online Poker Tournament Strategy Guide : 5 Tips to Win Big by Betting Small Stakes

Online Poker Tournament Strategy Guide : 5 Tips to Win Big by Betting Small Stakes

Small stakes online poker is something that can be painstakingly long, and frustrating at times. Yet, despite this, it can still be fantastically fun to play and dedicate your time to. In any gambling game, it can be super difficult to not actually enjoy your time while you play and compete against other players.

BetMGM Launches BetMGM Poker and Borgata Poker in Pennsylvania

BetMGM Launches BetMGM Poker and Borgata Poker in Pennsylvania

BetMGM today announced the launch of BetMGM Poker and Borgata Poker in Pennsylvania, giving customers access to benefits tied to Borgata Hotel, Casino & Spa in Atlantic City as well as other MGM Resorts casino-resorts nationwide.

Syndicate