Quote:
Originally Posted by Sect7G
Despite some errors in the past I give Rob much praise.
Just an instinct but I think Rob/Dusk Till Dawn part ways with Party poker within 12 months due to them not going enough in the same direction.
Yeah, I was very impressed with Rob's insight. He's a
lot further along than some people assumed imo. Unfortunately he's just not "in the streets" when it comes to non-branded, turn-based PvP regulatory theory concerning gambling-related business model "overlays" of educational games such as poker, dominoes, bridge, chess, checkers, Go, Hangman, tic-tac-toe, jacks, hop-scotch,
blah blah blah.
Poker isn't like
Monopoly or other IP-protected,
branded turn-based PvP games that enjoy sole licensing control/authority from top to bottom. If
Monopoly hosted a (purely hypothetical) tournament, it would have sole discretion over establishing rules. Meaning if someone had a pre-game gripe before (again, a purely hypothetical)
Monopoly event, the license holder could exercise outright authority in saying, "The rules for
Free Parking are posted and communicated before x-event, all who land on this space will receive/be penalized whatever we say, so make your own informed 'personal executive decision' on whether to GTFI/GTFO beforehand and leave us alone -- because
we (the branded license 'exclusive rights' holders) know
Monopoly,
not you."
Due to how the game of poker and its players have been marketed over the past two decades (particularly as "online" communications became more accessible/widespread), it will (imo) become more and more difficult for these sites to execute on/negotiate event "deliverables" because of how much strife/anxiety there is over how the poker profit *pie* (derived 100% from "antelopes") should be divvied-up between sites and informed, liquidity-providing players.
The regulated online poker industry is in imminent danger of purposeful "over-regulation" imo. To crudely paraphrase HOF professional wrestling legend Jim Cornette, I believe we're quickly approaching a point in which regulators are going to begin to override previous self-regulatory initiatives with an attitude of, "Step aside, we'll f*** this dog, you just hold its ears." This could result in a legitimate "regulatory race to the bottom" (especially U.S. statewide licensing) to see who can shove their proverbial gilded **** down the golden goose's throat and choke it into submission quicker.
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Watch this old-school video blog by former Ultimate Poker executive Tom Breitling from way back in 2014 (when UP was
all the rage for legalized U.S. online poker).
https://www.youtube.com/watch?v=ynLMZQhu_iA
At
[0:55], Breitling explained how governments placing a regulatory "sleeve" over real money online poker via "extra clicks" had a negative "friction" impact on "market size." That's just
one of
many "FU" measures that regulators/lawmakers/larger gambling stakeholders can use to piss on regulated internet poker if they so choose.
I'd say a couple of the commercial interests that could temporarily delay some of these U.S. regulatory measures for online PvP gambling would be Google/NBC Comcast, who have "upstream investment" interest in some of the
movers & shakers of U.S. iGaming/iCasino/iSportsBetting/iPoker companies.
But that's only if they feel like screwing with online poker. I'm sure those companies have superior information/analytics than any of us, plus they recently received Pennsylvania Gaming Control Board approval for iGaming licensing waivers -- giving those companies quite a bit of regulatory oversight reign over iGaming.
Who knows if these mega-billionaire corporations will decide they want to be
assed with the
liability associated with such online PvP gambling oversight in the end though. As Rob explained in his conversation with Joey, online poker is such a small fraction of the whole online gambling revenue pie
[1:38:00].
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Regarding the Daniel Negreanu reference, Rob mentioned on the today's show
[48:15-50:35] that he believes DNegs likewise is passionate about protecting the integrity of offering a "level playing field" for all participants, and that DNegs' relationship with GGPoker would likely "come to a head" for the same reasons you cite for Rob potentially parting ways with partypoker in the next 12 months (personally I don't have a read on this either way).
-David
Last edited by dhubermex; 07-07-2020 at 11:51 PM.