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Originally Posted by Victor
well obv. but these guys are dumb and out of touch and certainly didnt have the foresight to predict things would turn out like they did. so its quite a leap to think they are able to recognize this.
I honestly think the truth lies somewhere in between. Poker players like to make posts like "well everyone will come to play, there will be tons of money, the gov't regulations won't be so bad... free money machine for all!" This is obviously based on nothing but their own beliefs about the poker economy, which are a little biased. Short-sighted critics who have relied on B&M revenues for their entire careers are going to be biased the other way. B&M model is safe, it's constant, it's always there. Why threaten it with someone new?
Will it be this huge windfall profit model poker players think it will? Obviously not. Will it cripple B&M business and threaten casino pit game interests? Obviously not. Could it be weighted more towards one side or the other? Yeah. The question is where do we place it.
For sure it will be a very profitable business for anyone who wants to go full bore after it, but not everyone thinks like we do. You only need to look at some of the decisions they've made 2005 and onward to see that. It's printed in the news.