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Irish Mike

External


Since: Jan 28, 2007
Posts: 3527



(Msg. 1) Posted: Wed Oct 04, 2006 12:15 am
Post subject: Who the ban helps/hurts
Archived from groups: rec>gambling>poker (more info?)

[Tried to post this before and apologize if it's a repeat.]

The following are the big losers when the anti-online poker ban goes into
effect;

1) The small internet sites that do not have a large non-US player base.
These guys will not survive and will either go under or be acquired by
larger online sites. This will accelerate the shake-out and consolidation
of the online poker industry.

2) The big internet sites like Party Poker will survive but about half of
their current revenue comes from US based players. They will have to
streamline their operation, acquire some of the smaller sites and re-focus
their marketing efforts. Party just canceled their current quarterly stock
dividend which will give them an additional $115M for acquisitions.

3) Affiliates with a U.S. player base. These guys are probably finished,
which should at least reduce the spam level on RGP a little.

4) Poker magazines other than CardPlayer. Most of these will probably go
under from the loss of advertising revenue from online sites and the general
reduction in the number of poker players who will lose interest once they
can't play online.

5) Card Player will certainly survive but take a big hit when they lose ad
revenue from the online sites.

6) Miscellaneous small sideline businesses, writers and web sites that
derived most of their revenue from online poker sites and online poker
players. Some will adapt and survive but most will go under with barely a
ripple.

7) Poker players who made the majority of their income from playing online
and those that have no B&M alternatives available. Also, all of the poker
players who have access to B&M rooms but played tournaments online or
supplemented their B&M income with online play.

Cool The major poker tournaments that got a substantial number of their
entrants from online poker sites. In the 2006 WSOP main event, probably
half of the 8,800 players either won their seat online or entered with money
they had won playing online.

9) The poker pros with lucrative online endorsements. Some of the big names
will no doubt still prosper because of their international status. However,
those poker players who are less famous will probably lose out. Any way you
slice it, this legislation is bad news for the poker industry and
professional poker players.

10) All of the people who would have benefited from the jobs and tax dollars
that could have been generated if the US politicians had decided to regulate
and tax online poker in the U.S., instead of killing it.

Who will the ban help:

1) Well, logic would say that there have to be some online players who will
now move to B&M poker rooms. The same is true for those who run private,
semi-private and "charity" fund raiser games.

2) Poker players, both professional and amateur, who are not based in the
U.S. The big online sites are going to be competing fiercely for their
business. There should also be a lot more endorsement opportunities for non
U.S. based professionals.

2) Who ever is smart enough to step in and offer former online poker players
some alternative to spend their time and money. I don't have a clue what
this might be but you can bet some one is working on it as you read this.

3) Some of the players who were losing their asses playing online - until
they discover a new way to lose their money.

4) All the politicians who will, or at least think they will, benefit from
having killed this multi-million dollar industry.


Doubtless these lists are not complete.

Irish Mike

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bkholdem

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Since: Oct 03, 2006
Posts: 3



(Msg. 2) Posted: Wed Oct 04, 2006 12:15 am
Post subject: Re: Who the ban helps/hurts [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)

Good post Mike. I do think that most serious onlline players will
continue to play online. I don't play full time and I do have a full
time job, but I will continue to play. I hope a lot of online pro's
throw in the towel as it will make my life easier and more profitable.

Some sites have said they will continue to accept US players. For those
that do not there are ways around that for anyone who is determined to
play at a particular site(s).

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Flybynight

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Since: Mar 07, 2007
Posts: 36



(Msg. 3) Posted: Wed Oct 04, 2006 12:15 am
Post subject: Re: Who the ban helps/hurts [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)

Aside from the poker industry itself, many companies are going to lose
out.

1) Computer Software/encryption companies (cryptologic)
2) ESPN/TSN - that have a cheap, profitable source of programming that
may lose out in viewers.
3) TV in general, especially male-dominated programming channels that
will lose money in advertising.


Irish Mike wrote:
> I have no doubt there are some online poker sites that will continue to take
> U.S. based players. What I don't know is the risk of playing on them.
>
> Irish Mike
>
>
>
> <bkholdem DeleteThis @yahoo.com> wrote in message
> news:1159927664.524196.280730@c28g2000cwb.googlegroups.com...
> >
> > Good post Mike. I do think that most serious onlline players will
> > continue to play online. I don't play full time and I do have a full
> > time job, but I will continue to play. I hope a lot of online pro's
> > throw in the towel as it will make my life easier and more profitable.
> >
> > Some sites have said they will continue to accept US players. For those
> > that do not there are ways around that for anyone who is determined to
> > play at a particular site(s).
> >
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chan0011

External


Since: Oct 03, 2006
Posts: 60



(Msg. 4) Posted: Wed Oct 04, 2006 12:19 am
Post subject: Re: Who the ban helps/hurts [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)

2FF   Smile

On Oct 3 2006 5:15 PM, Irish Mike wrote:

> [Tried to post this before and apologize if it's a repeat.]
>
> The following are the big losers when the anti-online poker ban goes into
> effect;
>
> 1) The small internet sites that do not have a large non-US player base.
> These guys will not survive and will either go under or be acquired by
> larger online sites. This will accelerate the shake-out and consolidation
> of the online poker industry.
>
> 2) The big internet sites like Party Poker will survive but about half of
> their current revenue comes from US based players. They will have to
> streamline their operation, acquire some of the smaller sites and re-focus
> their marketing efforts. Party just canceled their current quarterly stock
> dividend which will give them an additional $115M for acquisitions.
>
> 3) Affiliates with a U.S. player base. These guys are probably finished,
> which should at least reduce the spam level on RGP a little.
>
> 4) Poker magazines other than CardPlayer. Most of these will probably go
> under from the loss of advertising revenue from online sites and the general
> reduction in the number of poker players who will lose interest once they
> can't play online.
>
> 5) Card Player will certainly survive but take a big hit when they lose ad
> revenue from the online sites.
>
> 6) Miscellaneous small sideline businesses, writers and web sites that
> derived most of their revenue from online poker sites and online poker
> players. Some will adapt and survive but most will go under with barely a
> ripple.
>
> 7) Poker players who made the majority of their income from playing online
> and those that have no B&M alternatives available. Also, all of the poker
> players who have access to B&M rooms but played tournaments online or
> supplemented their B&M income with online play.
>
> Cool The major poker tournaments that got a substantial number of their
> entrants from online poker sites. In the 2006 WSOP main event, probably
> half of the 8,800 players either won their seat online or entered with money
> they had won playing online.
>
> 9) The poker pros with lucrative online endorsements. Some of the big names
> will no doubt still prosper because of their international status. However,
> those poker players who are less famous will probably lose out. Any way you
> slice it, this legislation is bad news for the poker industry and
> professional poker players.
>
> 10) All of the people who would have benefited from the jobs and tax dollars
> that could have been generated if the US politicians had decided to regulate
> and tax online poker in the U.S., instead of killing it.
>
> Who will the ban help:
>
> 1) Well, logic would say that there have to be some online players who will
> now move to B&M poker rooms. The same is true for those who run private,
> semi-private and "charity" fund raiser games.
>
> 2) Poker players, both professional and amateur, who are not based in the
> U.S. The big online sites are going to be competing fiercely for their
> business. There should also be a lot more endorsement opportunities for non
> U.S. based professionals.
>
> 2) Who ever is smart enough to step in and offer former online poker players
> some alternative to spend their time and money. I don't have a clue what
> this might be but you can bet some one is working on it as you read this.
>
> 3) Some of the players who were losing their asses playing online - until
> they discover a new way to lose their money.
>
> 4) All the politicians who will, or at least think they will, benefit from
> having killed this multi-million dollar industry.
>
>
> Doubtless these lists are not complete.
>
> Irish Mike



_______________________________________________________________
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Patrick Luminello

External


Since: Sep 12, 2007
Posts: 8



(Msg. 5) Posted: Wed Oct 04, 2006 12:26 am
Post subject: Re: Who the ban helps/hurts [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)

Excellent analysis, Mike.  And a sad day, I think, not only for players but as
you point out, for all the tax money and jobs which will never materialize...


On Oct 3 2006 8:15 PM, Irish Mike wrote:

> [Tried to post this before and apologize if it's a repeat.]
>
> The following are the big losers when the anti-online poker ban goes into
> effect;
>
> 1) The small internet sites that do not have a large non-US player base.
> These guys will not survive and will either go under or be acquired by
> larger online sites. This will accelerate the shake-out and consolidation
> of the online poker industry.
>
> 2) The big internet sites like Party Poker will survive but about half of
> their current revenue comes from US based players. They will have to
> streamline their operation, acquire some of the smaller sites and re-focus
> their marketing efforts. Party just canceled their current quarterly stock
> dividend which will give them an additional $115M for acquisitions.
>
> 3) Affiliates with a U.S. player base. These guys are probably finished,
> which should at least reduce the spam level on RGP a little.
>
> 4) Poker magazines other than CardPlayer. Most of these will probably go
> under from the loss of advertising revenue from online sites and the general
> reduction in the number of poker players who will lose interest once they
> can't play online.
>
> 5) Card Player will certainly survive but take a big hit when they lose ad
> revenue from the online sites.
>
> 6) Miscellaneous small sideline businesses, writers and web sites that
> derived most of their revenue from online poker sites and online poker
> players. Some will adapt and survive but most will go under with barely a
> ripple.
>
> 7) Poker players who made the majority of their income from playing online
> and those that have no B&M alternatives available. Also, all of the poker
> players who have access to B&M rooms but played tournaments online or
> supplemented their B&M income with online play.
>
> Cool The major poker tournaments that got a substantial number of their
> entrants from online poker sites. In the 2006 WSOP main event, probably
> half of the 8,800 players either won their seat online or entered with money
> they had won playing online.
>
> 9) The poker pros with lucrative online endorsements. Some of the big names
> will no doubt still prosper because of their international status. However,
> those poker players who are less famous will probably lose out. Any way you
> slice it, this legislation is bad news for the poker industry and
> professional poker players.
>
> 10) All of the people who would have benefited from the jobs and tax dollars
> that could have been generated if the US politicians had decided to regulate
> and tax online poker in the U.S., instead of killing it.
>
> Who will the ban help:
>
> 1) Well, logic would say that there have to be some online players who will
> now move to B&M poker rooms. The same is true for those who run private,
> semi-private and "charity" fund raiser games.
>
> 2) Poker players, both professional and amateur, who are not based in the
> U.S. The big online sites are going to be competing fiercely for their
> business. There should also be a lot more endorsement opportunities for non
> U.S. based professionals.
>
> 2) Who ever is smart enough to step in and offer former online poker players
> some alternative to spend their time and money. I don't have a clue what
> this might be but you can bet some one is working on it as you read this.
>
> 3) Some of the players who were losing their asses playing online - until
> they discover a new way to lose their money.
>
> 4) All the politicians who will, or at least think they will, benefit from
> having killed this multi-million dollar industry.
>
>
> Doubtless these lists are not complete.
>
> Irish Mike



_______________________________________________________________
The Largest Online Poker Community - http://www.recpoker.com
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Von Fourche

External


Since: Nov 20, 2007
Posts: 51



(Msg. 6) Posted: Wed Oct 04, 2006 2:02 am
Post subject: Re: Who the ban helps/hurts [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)

"Irish Mike" <mjostar.RemoveThis@ameritech.net> wrote in message
news:c2DUg.9480$e66.2229@newssvr13.news.prodigy.com...
> [Tried to post this before and apologize if it's a repeat.]
>
> The following are the big losers when the anti-online poker ban goes into
> effect;

> 4) Poker magazines other than CardPlayer. Most of these will probably go
> under from the loss of advertising revenue from online sites and the
general
> reduction in the number of poker players who will lose interest once they
> can't play online.


At my local Books-a-Million I see something like four or five poker
related magazines. I can't belive they exist because of the poker shows on
TV alone. Say good bye to those mags!


>
> Who will the ban help:
>
> 1) Well, logic would say that there have to be some online players who
will
> now move to B&M poker rooms. The same is true for those who run private,
> semi-private and "charity" fund raiser games.


Logic would say people who download music illegally stops those people
from buying CD's from the music companies legally. The experts say it's the
opposite - someone who downloads music is more likely to buy a CD. Might be
the same for B&M. What caused all these B&M's to expand their poker rooms?
What caused the demand? The broadcast of poker on TV or online playing? I
bet both did, 50/50. I would say this will hurt the B&M. Anyway, keep
online poker or get rid of it - it is a fad.
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Irish Mike

External


Since: Jan 28, 2007
Posts: 3527



(Msg. 7) Posted: Wed Oct 04, 2006 3:07 am
Post subject: Re: Who the ban helps/hurts [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)

I have no doubt there are some online poker sites that will continue to take
U.S. based players. What I don't know is the risk of playing on them.

Irish Mike



<bkholdem.RemoveThis@yahoo.com> wrote in message
news:1159927664.524196.280730@c28g2000cwb.googlegroups.com...
>
> Good post Mike. I do think that most serious onlline players will
> continue to play online. I don't play full time and I do have a full
> time job, but I will continue to play. I hope a lot of online pro's
> throw in the towel as it will make my life easier and more profitable.
>
> Some sites have said they will continue to accept US players. For those
> that do not there are ways around that for anyone who is determined to
> play at a particular site(s).
>
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