Posts Tagged ‘iPoker’

Mexico Online Poker Bill coming – Expect Negative Outcome

Sunday, September 7th, 2014

Mexico is moving closer to regulating online poker, and iGaming in general. A new bill will be introduced to the House of Representatives on September 9th and could be voted into law as early as Sept. 20th. The idea is to update Mexico’s archaic gaming laws, which are still based on legislation from 1947.

The initial thought here is that online poker regulation could be good for the country. After all, many American players are excited about what regulation in the United States might bring. However, there are a couple of huge downsides that could sour iPoker regulation in Mexico. That said, let’s discuss the negative consequences that could arise.

Big Sites shut out

For well over a decade, iPoker has been a gray area in Mexico. PokerStars has especially benefited from this lack of clear legislation. However, things may soon change in a big way since Mexico is expected to create iGaming legislation that’s similar to the US.

Senator Maria Espinoza proposed a bill in May that would force online operators to have a land-based casino license. Additionally, these companies need servers established in Mexico. Of course, there’s no guarantee that any accepted bill would be just like Espinoza’s. But if it’s close, big sites like PokerStars will be shut out of the party.

US Poker Refugees displaced

When the US enacted Black Friday, many serious pros moved south of the border so that they could continue playing at PokerStars and other online rooms. After all, Mexico really didn’t do anything to keep major poker sites out of their country. But if legislation does go down as expected, it would end this period of open options.

In the long run, maybe Mexican poker laws will be good and encourage more recreational players to get involved. However, the immediate ramifications don’t look good.

High Stakes Poker Gone – Any Poker Shows Left?

Friday, December 9th, 2011

As you may already know, GSN announced that they won’t be bringing High Stakes Poker back for an eighth season. This ends the run of one of the most successful poker TV shows in history, and leaves us wondering if there’s anything left in the way of poker-related programming.

After all, this is the same year that also saw the highly-popular Poker After Dark fall by the wayside too. Both Poker After Dark and High Stakes Poker lasted seven seasons, and paved the way for other successful TV shows in the same genre.

Of course, there is ESPN’s coverage of the WSOP, which will probably always be on TV – at least for the foreseeable future; however, the WSOP isn’t a weekly program like HSP or Poker After Dark. Furthermore, there really aren’t any reoccurring poker TV shows on right now because several other ones have also been cancelled.

For instance, PokerStars Big Game was another 2011 casualty because PokerStars was busy pulling out of the US market and paying off the US Department of Justice after Black Friday. Speaking of Black Friday, it seems that this horrid day continues to have reverberations throughout the poker community – even eight months after the fact.

Following Black Friday, online poker is still in a recovery stage, and it will take something big to happen for anything to change quickly; that includes the world of poker TV shows. PokerStars would be the only sponsor capable of backing a major poker show any time soon, but they probably aren’t interested in jumping back into this world just yet. Both Party Poker and the iPoker network aren’t nearly big enough to fill the role that Full Tilt Poker did in the TV world (they single-handedly backed HSP at one point).

Long story short, it may be a while before we see any good poker TV shows that don’t include WSOP coverage.


Segregated Online Poker Markets

Thursday, August 11th, 2011

One issue that’s starting to catch fire within the poker world is the possible segregation of the UK online poker market. The UK has always been one of the more lucrative markets because they have money, and their government seems tolerant to online gambling. But the way it seems now, the UK is looking to make its online poker market exclusive from the rest of the world.

If this sounds familiar, it’s because both France and Italy already have this model in place. And while you wouldn’t think that countries with 65 million and 60 million residents would make much of a dent on the worldwide poker market, their segregation has created a surprisingly successful environment.

Looking at PokerStars, they’ve done surprisingly well with both (4th in online poker room traffic) and (7th in traffic). The iPoker network is another entity that’s taken well to Italy since their site is ranked 10th in online poker traffic. In short, exclusive poker markets in Italy and France have performed better than imagined.

This being said, you have to think that an exclusive UK player pool would do pretty well since their country is about the same size as Italy and France, plus they have a lot of online poker fanatics.

Looking at things from a broader perspective, there are pluses and minuses to regulating online poker markets. The biggest positive is that more fish are going to be encouraged to play in a system where deposits/cashouts are easily made, and where the government actually encourages play because they get tax revenue. On the downside, the world is being split from some of the best poker markets in the world, and the high stakes games will suffer as a result. After all, people with multi-million bankrolls aren’t a dime a dozen in every country.

In short, you have to take the good with the bad in these regulated online poker markets.