In 2013, online poker got legalized in New Jersey, Nevada and Delaware, and other states are about to follow their lead. This is a long-expected situation given the fact that more than 55 million Americans play it as a hobby.
Until then, let’s see what happened in 2014.
The Online Poker boom
Almost a third part of the gambling industry is represented by poker games. In 4 years time, from 2001 – 2004, online poker revenues reached $2.4 billion from only $82.7 million. Since then, the growing tendency is very intense, and now, with legalizing the game in these 3 American states, new doors have opened for the industry.
At the moment, New Jersey is the biggest player in the market, having 90% of the total US online gaming revenue. The state’s gambling reputation has been boosted long time before, back when the first legally operating casino opened its doors in Atlantic City, in 1978. That’s how it became “The Gambling Capital of the East Coast”.
Nevada, on the other hand, has a historical average of 50-100 players for every 1 million residents. Also, Las Vegas made business happen here: it helped the state generate 20% out of $50 billion casino gambling revenue made nationwide. Casino lobbies are the main reason gambling is legal in these states: for example, Donald Trump was one of New Jersey’s strongest endorser. Delaware is quite new in this new digital business, gaming on the internet is ongoing since November 2013.
One can play this game legally in the 3 aforementioned states, because they already have the laws written in explicit terms. The lack of the books existing in other American states makes the legality of gambling a bit confusing. Till today, 9 states have developed proposals to regulate online poker. But the future is still uncertain.
The players: who are they?
Even though gamblers don’t always fit in the main rule that requires them to be of legal gambling age and to use a computer within the country, they seem to posses the same characteristics: more than 60% of them are males, between 30 and 64 years old with a college degree under their hats.
Mainly, there are 3 types of punters:
- people who play just for the sake of entertainment;
- players that are more concerned about the winning part;
- those who are real professional and enlist in big gambling tournaments, seeking reputation along the way.