Forbes – In America there is a war going on for the hearts and minds of thousands of online poker players, many of whom have been frozen out of the game they love. In one corner stand the lobbyists pushing for a federal ban on online poker. In the other, individual state lawmakers who are forging ahead with plans of regulated online poker for their residents.
Three states – Nevada, New Jersey and Delaware – have thus far pushed on with legalized online poker, and New York could be up next. However, with disappointing returns reported to date and tax revenue not what was once expected, is there life in legal online poker in the Empire State?
“The market is still maturing,” Nicholas Kisberg, CEO of CardsChat.com explained to FORBES. ”While online gambling does see steady growth in regulated markets, it does take time for players to become comfortable with the operators. In addition, traffic levels at poker rooms – a factor that is essential to their success – take time to reach critical levels that create exponential growth.”
