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Where has the Poker Market Gone?

The online casino poker industry has caught a lot of international attention lately because it seems that the industry is growing exponentially and gaining credibility at the same time. The Poker Players Alliance in the United States has shown the U.S. that banning internet poker won’t be tolerated – at least that is what they are working toward (online casinos and internet gambling are still banned at this time). And beyond that, several countries have recently weighed in on the issue of whether poker is a game is a game of skill or a game of chance.

All of the international attention about online casinos and internet poker, and new legislation has put all lot of focus on internet gambling, which in turn has introduced new players to the pastime. But with all of that international attention comes the other side – once the game falls into the recesses of news and the industry wide boom levels out. That is what has happened recently according to the CEO of SportingBet, plc Andy McIver. McIver commented on the recent state of online casino poker, he notes, "There has been a lot of hype in internet poker and that has now come off a bit.” McIver’s company has encountered problems in the past year because of the chilling effect that the U.S. ban had on the online poker industry.

But for as much as McIver might have a point about the online casino poker industry, there are certainly others who disagree with the notion that the industry has chilled already. Statistics from the past year indicate that the internet gambling industry is still growing, and industry analysts and researchers predicts that the internet gambling industry, which includes internet poker, online casinos, and even mobile gambling, will continue to grow significantly for the next four or five years.