In my opinion, PokerStars should really focus on the rest of the world instead of the US. They are starting to look like the little kid who won’t take no for an answer. Regardless of how much money they throw at lobbying, it is an extremely uphill battle they are fighting. No question that PokerStars […]
Morgan Stanley has just announced that they have lowered their first full year estimate of NJ online gambling revenue from 541 Million to 203 Million. They also stated that they believe the month over month growth will be in the 10% range as opposed to the 20% they predicted earlier in 2012. As I have […]
Pokerscout.com is a website and service that bills itself as the leading source of information about the online poker industry. Their online poker liquidity(traffic) rankings give a clear picture of the internet poker industry as a whole. By looking at the data that Pokerscout provides, one can clearly see the beginning of a downtrend in poker […]
27 days ago in one of the discussions I started on this forum, I stated the following regarding online poker: “In the global market there is a huge pool of players that can replace the players dropping off from various websites. In NJ, there is a finite number of players and we already know from surveys […]
As I had predicted from the outset, the revenue and taxation figures for online gambling in NJ are moving in a downward direction. Instead of the 200M in additional tax revenue anticipated from gaming taxes in NJ, the state treasurer is now saying only 34M in new tax revenue is expected this year (June 30 […]