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MGM CEO: Internet poker will happen this year MGM CEO: Internet poker will happen this year

01-10-2012 , 12:04 AM
i wonder if this is what ftp2 is waiting for.. can't wait for bobbysroom.com oh yeah that's a good look.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 12:08 AM
There needs to be a lot of competition or there will not be very good promotions for the players. I mean hopefully it will be better than what there is for live promotions. The north eastpromotions are pretty terrible for poker. Vegas is way better than what is offered at AC and other casinos in the area. I wonder if rakeback will be offered or VIP program of some sort?
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 12:12 AM
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Originally Posted by Gildwulf
When it comes to timing the market, I wouldn't count on MGM management.
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Originally Posted by veganmav
Why do you say this?
No flaming to come. Why do you think they are good at timing the market?
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 12:33 AM
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Originally Posted by ACEvivKING
Pure ownage, GG AcevivKing
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 12:49 AM
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Originally Posted by NutRush
Don't see any reason rake would be any different than live game rake, if not better b/c lack of overhead. Casinos know the can of cashcows they're opening up and aren't gonna want to F that up. MTT's certainly won't be taking out of prize pools for dealer tips.
TAXES
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 12:54 AM
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Originally Posted by synth_floyd
TAXES
Oh, didn't realize casinos weren't already heavily taxed by the government.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 01:18 AM
Excessive rake seems like it's the one thing that could really kill interstate poker for the pros, but hopefully there will be enough competition and low enough taxes that rake stays at around the current industry standard.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 01:20 AM
if they want to make serious money, they have to ensure there is an incentive for volume (the game is beatable enough that people will play a lot). I'm not overly worried about rake. There will be at least one site that understands how online poker works.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 01:27 AM
Quote:
Originally Posted by synth_floyd
TAXES
I'm so sick of people bringing up Taxes. The only way that taxes are going to affect you as a player is if you weren't claiming your winnings before. If that is the case then you were breaking the lax before and no one should feel sorry for you.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 01:50 AM
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Originally Posted by incontinence
lmao - hope this happens soon for you guys!
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 01:50 AM
I think the one thing people should recognize is that once sites get up and running on a state basis in Nevada, that will make the federal gov't more proactive to act. Interestingly enough, I don't think it will be MGM or Caesars who are first, it will probably be Southpoint Casino. The will be like pokerroom.com, relevant for a bit, until fed regulation, and then they will fade away....

I was talking to a poker room manager at Caesars and he said they have a poker site and logistics ready to go, it is turn key basically and ready to go. He said it will be in an independent division in Caesars Ent. from the local poker rooms. He said the site supposedly will be called WSOPPOKER.COM. Or something along those lines.

WSOP - Caesars

WPT - MGM

That is the breakdown from what I heard.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 01:52 AM
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Originally Posted by Mark275
lemme state the facts here: stars is the nuts, always has been always will be, if online is legal and regulated and allowed in the states again, will stars be allowed to come back? If not, then who gives a damn about legalised poker in the USA?

I'm happy here on merge doing fine, dont really wanna play elsewhere except if STARS came back, but how can STARS come back IF THEY BROKE SERIOUS LAWS? I DONT SEE IT HAPPENING! IS IT EVEN POSSIBLE!!?!?
hahahhaahahhah
oh man this is good

merge is garbage and will be ten times the garbage it is now if people can deposit and withdrawl freely in the us

the only reason you should care if stars is allowed back is for the competition
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 03:06 AM
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Originally Posted by nick1074
I think the one thing people should recognize is that once sites get up and running on a state basis in Nevada, that will make the federal gov't more proactive to act. Interestingly enough, I don't think it will be MGM or Caesars who are first, it will probably be Southpoint Casino. The will be like pokerroom.com, relevant for a bit, until fed regulation, and then they will fade away....

I was talking to a poker room manager at Caesars and he said they have a poker site and logistics ready to go, it is turn key basically and ready to go. He said it will be in an independent division in Caesars Ent. from the local poker rooms. He said the site supposedly will be called WSOPPOKER.COM. Or something along those lines.

WSOP - Caesars

WPT - MGM

That is the breakdown from what I heard.
Decent post if true, but if Ceasar's is turn key as you say, why would they allow south point to put up a real money site before them? Why wouldn't they be up and running day 1 of real money operations?
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 03:30 AM
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Originally Posted by kwon234ioud
Think it'll become legalized by this summer? Then I wouldn't have to hunt down lame internships. Screw working my ass off to become a productive member of society. Just want to be baller in my White Chevy Geo and treat my girl to Five Guys once in a while.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 03:34 AM
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Originally Posted by ACEvivKING
Wp. But I think there are 100 other articles that have said the same thing.
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Originally Posted by cakewalk
please supply links to 5/100 of these articles
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Originally Posted by ACEvivKING
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Originally Posted by cakewalk
try again
?

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Originally Posted by danton32
Pure ownage, GG AcevivKing
Thx. I thought so too.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 03:44 AM
Is stars not returning a fargone conclusion already?
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 03:47 AM
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Originally Posted by As2s3s4s5s
Is stars not returning a fargone conclusion already?
The word you're looking for is "foregone". Stars, on the other hand, is definitely "fargone", lol.

Serious answer yes, at least as a company, but we could see their software, etc...
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 03:50 AM
If you can beat 10nl now you will be crushing 1knl in a year.

Spoiler:
At least thats what I told my parents.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 03:52 AM
It's possible, gl to you if you're serious about that.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 04:18 AM
You guys realize that just because it becomes legal it doesn't mean it will be awesome?

There could be a few casinos that get licenses and they decide to charge the same rake as in the casino or charge even more. Or allow people to only play one table at a time. There are many ways the future legal online poker rooms could completely suck.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 04:29 AM
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Originally Posted by dc_publius
You guys realize that just because it becomes legal it doesn't mean it will be awesome?

There could be a few casinos that get licenses and they decide to charge the same rake as in the casino or charge even more. Or allow people to only play one table at a time. There are many ways the future legal online poker rooms could completely suck.
Ya it would totally suck to be only able to play against 1 table of droolers....gunna have to move up where the drool is not respected.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 04:48 AM
Quote:
Originally Posted by dc_publius
You guys realize that just because it becomes legal it doesn't mean it will be awesome?

There could be a few casinos that get licenses and they decide to charge the same rake as in the casino or charge even more. Or allow people to only play one table at a time. There are many ways the future legal online poker rooms could completely suck.

you do realize that they have a financial reason to not make it suck and since they want to make boat loads of money they would probably base their operations after the already successful business model that has made other companies boat loads of money.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 04:58 AM
Quote:
Originally Posted by ACEvivKING
If you can beat 10nl now you will be crushing 1knl in a year.

Spoiler:
At least thats what I told my parents.
wp, I laughed pretty damn hard at this.
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 05:12 AM
awesome, i watched the video. the MGM guy talked like it was a done deal. He also mentioned he was working with Bwin and "some other site". potentially talking about full tilt poker?
MGM CEO: Internet poker will happen this year Quote
01-10-2012 , 05:30 AM
To people who disbelieve internet poker will return in 2012:

Winamax, a french operator is planning entering the US market this year. It's been confirmed by one of the directors. 2 possibilities: they enter by themselves or they sell their platform to another company and make a sort of joint venture.

Of course internet poker is happening this year for american people
MGM CEO: Internet poker will happen this year Quote

      
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