MGM CEO: Internet poker will happen this year - Page 4 - Poker News

chris babula · 01-09-2012, 10:19 PM

Quote:

Originally Posted by synth_floyd

Software should be decent too. MGM is going to use Party's software and infrastructure.

And no casino games to suck up the fishes money too.

If it's really as easy to deposit/withdraw, play, has tons of promotions and advertising and is 100% legal, it could be pretty close to the old Party Poker days.

Would be better than the old Party Days. Back then internet poker wasnt trusted like it would be with the big casinos involved. Only thing that could kill it is if they get greedy with the rake.

LT22 · 01-09-2012, 10:34 PM

Quote:

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!!?!?

No...give up on your dream world

LT22 · 01-09-2012, 10:40 PM

Quote:

Speechless. (Collecting thoughts) Stars isn't coming back to U.S. and Merge will be a joke in comparison to new, regulated U.S. sites.

Aside from the cashout issues merge isn't that bad. 
 
Fragmentation, states opting out, lack of international players, and dealing with monopolies are problems we don't even have currently. 
 
We need strong federal legislation that encourages states to participate and allows everyone to compete. Unfortunately I think we will be going down the state lottery path. 
 
I'm everyone in wyoming is super excited.

There will be more sites under legislation than there is in the current market. The current market has huge barriers to entry. No company is going to be able to start a new USA friendly poker site, let alone make it grow.

LT22 · 01-09-2012, 10:43 PM

Quote:

Originally Posted by chris babula

Would be better than the old Party Days. Back then internet poker wasnt trusted like it would be with the big casinos involved. Only thing that could kill it is if they get greedy with the rake.

Rofl.. Party Days are looooooong gone even if it's legal.

NutRush · 01-09-2012, 10:43 PM

Quote:

Originally Posted by chris babula

Would be better than the old Party Days. Back then internet poker wasnt trusted like it would be with the big casinos involved. Only thing that could kill it is if they get greedy with the rake.

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.

RoyCe 4otZ · 01-09-2012, 11:04 PM

i wonder if this is what ftp2 is waiting for.. can't wait for bobbysroom.com oh yeah that's a good look.

jmurjeff · 01-09-2012, 11:08 PM

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?

atthebottom77 · 01-09-2012, 11:12 PM

Quote:

Originally Posted by Gildwulf

When it comes to timing the market, I wouldn't count on MGM management.

Quote:

Originally Posted by veganmav

Why do you say this?

No flaming to come. Why do you think they are good at timing the market?

danton32 · 01-09-2012, 11:33 PM

Quote:

Originally Posted by ACEvivKING

http://lmgtfy.com/?q=online+poker+legal+in+2012%3F

Pure ownage, GG AcevivKing

synth_floyd · 01-09-2012, 11:49 PM

Quote:

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

NutRush · 01-09-2012, 11:54 PM

Quote:

Originally Posted by synth_floyd

TAXES

Oh, didn't realize casinos weren't already heavily taxed by the government.

Clever Nickname · 01-10-2012, 12:18 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.

LT22 · 01-10-2012, 12:20 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.

Roush97 · 01-10-2012, 12:27 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.

skeptical · 01-10-2012, 12:50 AM

Quote:

Originally Posted by incontinence

lmao - hope this happens soon for you guys!