Will the recent US legislation, included in the Safe Port Act on Internet Gambling for Americans, reduce the growth of Vegas poker players?
The legislation prohibits banks from processing deposits for online for American online gambling. Many major online casinos decided to preclude players residing in the United States from playing anymore. With these larger online poker sites, like Party Poker, which is really a publicly held company, your decision usually stems from having the best interest of the stock holders in mind.
Two Las Vegas Companies, MGM Mirage and Harrah’s Entertainment will most likely be greatly affected by the Safe Port Act on Internet Gambling for Americans because they have judi slot online hosted most of the tournaments for the large World Poker Tours which gain many entrants through the internet.
Up to 50% of the entrants in the tournaments originate from entries to the Poker Tournaments through these major online poker sites. With the previous easy accessibility to poker gambling through the internet, the upsurge in live casino poker players to Las Vegas had increased. Now with the bill being approved, the amount of Americans playing online may significantly diminish and as a result a potential decrease in new live casino players.
However, we think poker playing online for Americans won’t die as you will find still plenty of reputable online casinos, poker rooms and sportsbooks, both large and small, where it is business as usual and which are still accepting US Players.