Online Poker is Booming!

In 1998, when the very first poker card was dealt online, most people couldn’t have foreseen that the global spread of web poker would develop so dynamically.

Admittedly, there have been highs and lows in the past, and some significant setbacks, but the explosion is breathtaking nonetheless. And, given the latest changes in the US, it’s also conceivable that we’ll see another increase tomorrow. According to independent assessments by poker experts, the poker industry is expected to grow.

With the help of Internet Relay Chat, the historic first real-money web poker hand was played on Planet Poker in the late 1990s.

After just a few years, with the help of groundbreaking software, online poker made waves in the US, becoming a sought-after commodity within the first 24 months—and this was just the beginning.

From 2001 to 2005, the web poker industry experienced one of the most breathtaking growths of any economy, with revenue exploding from an initial $80 million to over $2,000 million. .

This was largely due to the fact that the now-famous nobody Chris Moneymaker won the 2003 WSOP after earning his ticket through PokerStars, one of the most popular online poker websites of the time.
Unfortunately, 2006 was a year of severe setbacks for the online poker industry, bringing the bull market to a virtual halt as US authorities and the judiciary took action and declared online poker illegal.

Since that year, key figures in the online poker scene have been indicted in various US states, and eventually, US citizens were no longer allowed to play for money online.

Due to the same Another problem is that online casinos are no longer accessible to Americans, while, curiously enough, sports betting can still be offered online in the USA.

Current data on online casinos can be found at this internet address.

In contrast, online poker continued to flourish in several countries, as many poker sites also relocated their servers and domain names to locations in the European Union or elsewhere.

Nevertheless, the exclusion of American players slowed the international boom in online poker.
Finally, however, the situation began to change again, just as Florida and Nevada are now officially regulating it as individual states in the United States. for a fully organized and legal entity for online poker.
Anyone who thought the global rise of internet poker was already over needs to keep their eyes open in 2013.

A large number of Americans are tired of sitting by and watching the rest of the world play poker, and so it’s only a matter of time before web poker is what it used to be!