Will Online Poker ever experience a Second Boom?
One of the most-frequently discussed topics among players is the "Poker Boom." This was the period running from 2003 to 2006, where players rapidly entered the game and helped poker sites grow immensely. A nice product of the Boom was that competition was pretty weak since there were so many beginners. That said, many players wonder if online poker will ever experience a second boom. Let's discuss this topic by coming up with some events that could potentially spark another large period of growth.
1. A Popularity Increase in Asia
The Asian countries of China and India alone are home to 2.5 billion people. And there are several other big countries throughout the continent as well. This being said, if poker will ever have a second boom, Asia would be a likely starting point. Unfortunately, it may be some time before internet poker popularity increases by a substantial amount in Asia.
2. Widespread Legalization in the United States
One factor that propelled the internet poker world to new heights is that there was absolutely no regulation in the United States. This meant online poker sites were free to offer services to players from all 50 states. But when the Unlawful Internet Gambling Enforcement Act (UIGEA) was signed into effect in 2006, this really put a damper on the industry. Black Friday (April 15th, 2011) further worked to limit the impact that the unregulated internet poker market had on the US. As of now, only three states offer online poker. But as this number continues to grow, so too will the industry.
3. More Amateur-to-Poker-Star Rises
As many contend, the catalyst that finally pushed poker towards its boom stage was Chris Moneymaker winning the 2003 WSOP Main Event. What stood out about this accountant and amateur poker player was that he won his Main Event seat through an online satellite - the first such ME champion to do so. That said, if poker gets another amateur ME winner or two, this could again help sell the idea that anybody can win.
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