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No Poker Recession

The poker industry seems to have needlessly worried over the past several months about the effect that the global recession would have on the 40th annual World Series of Poker (WSOP). The WSOP event is huge and welcomes poker gamblers from all over the world from both the land and online casino poker gambling industries. The kick off to the WSOP event earlier in the month went off without flaw, but the event organizers will still unsure of whether the poker gambling industry would still come out in force throughout the event because of monetary concerns.

One of the key indications that the land and online casino poker gambling industry is not entirely phased by the recession are the record breaking figures for the number of players buying into the 40th anniversary event. With a buy-in of a whopping 40,000, Harrah’s was surprised to see that more than 200 poker players participated. The prize pool clocked in at a record breaking $7,718,400.

This was just the first of the several key WSOP events that are showing record-breaking figures for the number land and online caisno poker players entering the event, paying the fee, and driving up a huge prize pool. The more gamblers that take place in the individual events the better the opportunity for everyone involved because of the payout bubble. This bubble fluctuates and is decided by the amount of money raised through the buy-ins. This year’s WSOP is still growing strong and has several more weeks left before the Final Table players are decided and the industry takes a well deserved break before sitting down at the final table challenge.