Originally Posted by
Sanlmar
Baasov's genius is financial - how he went from sleeping on a park bench to creating a multi-billion dollar enterprise. The model he is creating is no different than any brick and mortar. No genius there. If you want to see how all the gambling pieces will fit together in terms of scale just walk into the MGM. Poker is a throw away component meant to cross sell to more lucrative action. Aging Negraneau (hair plugs and dye job) was installed for nostalgia and your entertainment. Think Wayne Newton.
Baasov should buy GrubHub and have food brought to your house using player points to complete the experience.
Edit: Of course when I mean food brought to "your house" I mean pierogi's & burritos for ROW. The only gamble US players will be offered is the stock which Baasov is trying to get listed on NASDAQ. He thinks of everything.
Light regulation in the land of the free. Makes me chuckle every time Druff. Thx
No idea what you are rambling about here, but it looks like some tie-in to your laughable idea that poker should just exist in the US with no regulation. Because that model worked out great the first time around.
It seems like you're trying to say that Amaya doesn't give a crap about Pokerstars, and is just using it for a stepping stone to bigger and better things.
Uh, no.
Online poker is VERY lucrative when done right. Scheinberg proved that with the original Pokerstars. The overhead is low, the profits are high, and the risk is low provided that you don't pull a Jen Larson and overspend on marketing before you start making real money.
Pokerstars is now a virtual monopoly. The competition is a non-factor. If they get licensed in the US, even more of the competition will be crushed.
Sure, Amaya isn't satisfied just offering poker as Scheinberg was, but they are supplementing the Pokerstars product, not replacing it.
Is it possible they will sell Pokerstars? Sure. Anything can be bought for the right price.
Poker no longer has the growth or fad-like excitement that we saw in the mid-2000s, but it has stabilized and remained part of our culture. There is talk of 20,000 unique individuals playing the Colossus at the WSOP. How can you see that and say that poker is dead or dying?
Brick and mortar cash poker is what's slowly dying. Between the ever-increasing rake, slow pace, and generally unpleasant experience sitting with 8 sometimes angry degenerates, the live cash end of poker is gradually fading. However, the online game is different, and if done correctly, will live on for a very long time.
Online poker allows you the freedom to play from your home, doesn't carry many of the negative elements experienced at live card rooms, and most importantly, allows most players to delude themselves into believing they are favorites to win. It's not like playing a game like blackjack or craps, where all but the most dim realize the house has an edge. Most poker players sit down believing they have a better chance to win than lose.
DFS is indeed growing, but it will never reach the popularity of poker. There's too much preparation and research involved.
If you have a basic understanding of Texas holdem, you can sit down at a poker table and just start playing.
With DFS, even if you're a big fan of your local sports team, you have to start looking up the stats of players on others teams, figure out who is streaking and who is slumping, and crunch a bunch of other data. It's more effort than most casual players are going to want to expend.
Poker is much more appealing to those who either want lazy entertainment or easy money. Little studying required. Little learning required. Little research required. Just understand the game, sit down, play, and win! What could be easier?
but it looks like some tie-in to your laughable idea that poker should just exist in the US with no regulation.
This, of course, is also the same argument as to why bitcoin will never catch on with the general population. People are still having trouble understanding how to program their DVR. Are we really going to ever have a mass understanding of the blockchain? I think not.
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