Month: May 2012

The Centennial State is so named because Colorado officially became a state in 1876, 100 years after the United States Declaration of Independence from Great Britain. And it appears that the year 2113 will bear some significant Colorado online poker Centennial celebration if the most recent legislation that was passed there moves forward. The Colorado Gaming Association is the organization which regulates the gaming industry both online and offline in that state, and after watching Nevada succeed as the first state to legalize online gaming in the United States, Colorado has been pushing hard to get a piece of the financial online gaming pie as well.

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Ever since the United States Department of Justice reversed their attitude on the legality of online “pay for play” gaming at the state level, legislators looking for a much needed revenue stream have been pushing to get legal online gaming passed in their state. Obviously, those states which offer some type of legalized online gaming to their constituents first are going to benefit from an influx of highly skilled jobs as well as the money which can be made from selling online gaming licenses. Nevada was the first state to pass legalize online poker legislation just last month, and New Jersey, Illinois and California have been pushing hard to become the next state to benefit from legalized online gaming.

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With so many states looking to be the ‘first to market’ in the race to offer regulated online poker play in the United States, it appears the Silver State may have just struck gold. The first of the United States to deliver some type of regulated online poker play will almost certainly be able to add much-needed jobs to their economy, thanks to an influx of software and high-tech employees needed to deliver a viable product. That state will also be able to set licensing fees pretty much wherever they want, as they will be the only option available to prospective online poker room owners anxious to cash in on the first US-based legalized online poker play made available since April 15, 2011, darkly coined Black Friday in the online poker community.  

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The Mission Statement of Bwin.Party Digital Entertainment is to “let the world play for real,” and their strategy is to focus on “regulated and to-be-regulated markets”, as stated on their website. Created when Bwin Interactive Entertainment and PartyGaming merged in March of 2011, Bwin.Party is now the world’s largest online gaming company listed on a National Stock Exchange, that being the London Stock Exchange. The company claimed revenue of more than €800 million in 2011, and is licensed for online poker and other online gaming in France, Gibraltar, Alderney, Italy and Denmark. So what does that have to do with Sacramento’s Thunder Valley Casino Resort and online poker in California?  A great deal actually.  

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Seeking to enhance the attractiveness of possible legalized gambling in the eyes of the federal government, many US states are exploring partnering up in their online poker legalization efforts. One of the states that will probably not go in that direction is California, who along with Nevada and New Jersey have recently been at the forefront of serious and concerted attempts to offer legalized gambling to their citizens. With more than 37 million people, sharing her player pool with another state would be close to a one-way partnership. 

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