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Holdem King <email address not displayed>
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Holdem King wrote on the message board: > Party Poker managed to secure a non-prosecution agreement with the > United States, which will have significant long-term benefits to the > company. > > The immediate benefit of this deal? Partygaming no longer has to > worried about being prosecuted by the US government for their > solicitation of US poker players prior to the enactment of the UIGEA. > > The short-term benefits? The company will find it much easier to raise > capital without this cloud hanging over their heads. This will allow > the company to make key acquisitions, which will allow PartyGaming to > regain some of their lost market share. > > The long-term benefits? > > Imagine that the US government finally comes to their senses and > decides to regulate and license online poker. > > Imagine that companies have to apply to the government for a license > to operate within the United States. > > If you are the United States government, who would you grant a license > to? > > The company that proactively negotiated a settlement with you, > admitted wrong-doing and forked over a hundred million dollar plus > payment? > > Or a company that thumbed their noses at you after the enactment of > the UIGEA, and continued to accept American players? > > Bottom line - when it comes time to issue online poker licenses in the > United States (and that time WILL come), companies such as Party Poker > will receive them, and Pokerstars/Full Tilt Poker will be left out in > the cold. > > Sure, Pokerstars and Full Tilt Poker could continue to operate in this > scenario, but the competitive disadvantages would be HUGE. > > Companies operating under a license would be privy to a raft of > advertising opportunities. A licensed company could advertise on > Google, Yahoo and other search engines, while a non-licensed company > could not. This is just one example for you. > > Also, I would imagine that the US government would warn of significant > penalties for US citizens that are playing at unlicensed poker rooms. > This would scare off many of the American customers at unlicensed > rooms, and non-US customers would follow. > > In my opinion, this was an extremely savvy move by PartyGaming - a > move that will pay very large dividends in the future. > http://scobypoker.com/news/?rssurl=http%3A%2F%2Ffeeds2.feedburner.com%2FTexasHoldemKing
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