nomo4life's Blog


April 15 2011

I'm Normally a Pessimist (Poker-world)

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But this is not a situation where I feel the sky is falling.

Poker Doomsday 2011 is in full-force and Twitter feeds are igniting with sadness, anger, and rage towards the Department of Justices's decision to indict Full Tilt, UltimateBet, and PokerStars.

It's important that people start thinking rationally. While it's certainly a pain in the ass that these sites are in legal limbo, this crackdown was something that people should have seen coming.

How can people possibly believe that a crackdown of these major sites wasn't inevitable? It would be literally impossible for a new site to penetrate the poker market without the removal of these big fish from the poker pond. While the actions of the DOJ were more reminiscent of a shock-and-awe strategy as opposed to a gradual withdrawal of US presence (you like that US War allusion?), this crackdown could potentially be the greatest thing to happen for online poker.

This could be the beginning of a tremendously game-changing era and have some awesome long-term effects. The removal of FTP and PS from the scene will drive Brick & Mortar casinos to develop their software and position themselves to pounce on the market as soon as there is regulation.

The bottom line is that poker is VERY lucrative and the government knows this. There is no way that the government is going to disallow poker forever; money and revenue is the lifeblood of our government and there is just too much green for them to refuse.

Enough ranting. Just keep a level-head and sit back and stay educated on the happenings. I for one, am very intrigued by the upcoming days/weeks in the poker world.

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nomo4life
nomo4life , Member Since '06

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