Popular with Online Casino Gamblers
The US online poker gambling industry has been littered with failed attempts to
continue appealing to the US internet poker industry while staying within the
bounds of legality. The US’s UIGEA legislation specifically bans foreign and
offshore online casinos from entering the US market. In-state companies are also
ineligible for dispensations for internet gambling – the only carve-outs are
very specific and pertain to horserace betting and fantasy sports leagues. But
for the internet poker gambling community, subscription poker gambling sites are
all of the rage – and one site is actually able to report profits over the past
year coupled with successful growth.
ClubWPT is one of the only subscription based poker sites that has managed any
longevity in the market place. Several companies have opened up sites over the
past year in the hopes of drawing the US poker gamblers out of their holes and
into the legal poker tables for one low subscription fee each month. In addition
to the lure of gambling, those poker gamers heading to the tables have all of
the many\\’ opportunities for play that are available at the major non-US online
casino poker gambling sites. Everything from innovation and frequent tournaments
to large prize pools and payouts for winnings.
Several subscription sites have already failed – they do not average more than a
few months in the market before closing their virtual doors. Part of the failing
comes from a lack of gamblers signing up for the sites – without a large
subscription base the sites have no way to cover the costs of paying out
winnings to the players. This got increasingly hard for the sites and all but
ClubWPT have basically shut their virtual doors. |