The Global Online Poker Hype

The Global Online Poker Hype

In 1998, when the very first poker game was played online, it was hardly foreseeable that the worldwide popularity of web poker would develop so rapidly.

Of course, there were ups and downs and significant setbacks during this period, but the explosion remained colossal in every respect. And, given recent trends in the US, it’s entirely possible that there could be another increase quickly.

The first real-money web poker game was played at Planet Poker via Internet Relay Chat in the late 1990s.

In just a short period of time, thanks to groundbreaking developments, online poker generated trends in the US and transformed into a real power within the next two years – and this was just the start.

During these years, the online poker concept underwent one of the most rapid developments of any industry, and the revenue of online poker websites rose from an initial $84 million to over $2 billion.

This was only partially due to the now legendary nobody Chris Moneymaker winning the 2003 World Series of Poker after winning his ticket through PokerStars, one of the leading internet poker sites of the time.
Unfortunately, 2006 was a year of great upheaval for the web poker industry, bringing the bull market to a virtual standstill – when the American government and the judiciary perked up and declared online poker against the law. interpreted.

By 2011, key figures from the online poker scene were indicted in America, and ultimately, US citizens were no longer able to play poker online.

For the same reason, online casinos are no longer accessible to US citizens, while, oddly enough, sports bets can still be placed online in the US.

On the other hand, Internet poker continued to flourish in several countries, as several poker websites adapted their servers and domain names to locations in the EU or elsewhere.

On the other hand, the ban on US gamblers slowed the global online poker hype.
Recently, the conditions began to transform again, just as Nevada and Florida, as isolated states in the United States, have already officially approved standards for a nationwide, regulated and legitimate system for online poker.
Anyone who thought the great rise of web poker was over needs to keep their eyes open in 2013.

Many Americans are tired of sitting around and watching the rest of the world play poker, and thus, it’s only a matter of time before internet poker returns to what it used to be!