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Thursday, 03 November 2011 09:28

Companies Prepare to Take the US Online Poker Market

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Party Poker was one of several companies hit on Black Friday. Could it be looking to bounce back?

Before the US Department of Justice swung its heavy scythe on April 15, 2011, Party Gaming – owner of Party Poker – was once considered to be the king of the US online poker market. Now it appears they’re looking to get back into what is still a risky market, announcing a joint venture with MGM Resorts International and Boyd Gaming Corporation.

Despite the fact that it is still a questionable market, the three companies have moved to prepare to offer online poker should it ever become legal. That’s not such a pipe dream looking at what’s going on in terms of legislation at the moment; Congress is considering federal regulations and several states have pushed for the legalisation of the online card game – so far unsuccessfully, but as a game of skill, poker is likely to be amongst the first to receive the stamp of approval if internet gambling propositions succeed.

Full Tilt Poker, a company that many thought was completely destroyed following Black Friday, could also be preparing to re-enter the US market after Groupe Bernard Tapie reached a deal with the US Department of Justice that could ultimately allow the repayment of players.

With all the chatter about poker and promising governmental indications, could it be that our US friends won’t have to make do with free poker for much longer? No doubt these corporate movements mean that once the market opens up, there will be some fierce competition. And that can only be a good thing for players.