A 3% rise in cash game player traffic last week was welcome news for an industry that could use lots more of the same in the future.
Unfortunately, good news continues to be hard to come by in California where one of two online poker bills was withdrawn from consideration. That leaves one ipoker bill pending in the Golden State, but the current legislative session ends Aug. 31 and the likelihood of the remaining proposal finding approval among lawmakers is quite slim.
It appears that online poker players in California who crave regulation will have to make due with a refrain all too familiar to Chicago Cubs fans – Wait til next year.
Go Fast a Boon for Winamax
Waiting is not on the agenda for players at Winamax.fr, who have been fast-folding at a decent clip since the arrival of “Go Fast.” PokerScout reported that 28% of cash game action at the site on Sunday was on the fast-fold tables.
The new offering may be party responsible for Winamax bolting into eighth place in worldwide player traffic after falling out of the top ten in last week’s update. Let’s see if Go Fast continues to attract Frenchmen (and women) and if Winamax can remain within the top ten for an extended period.
Full Tilt Falls but Gains at Jackpot Tables
In other movement among top ten poker rooms and networks, Full Tilt has again fallen to sixth place globally. There’s a strong possibility that the decline in cash action at FTP is attributable to a number of players preferring the site’s Jackpot Sit & Go tables.
I know of at least three Australians who are singing the praises of the FTP jackpot tables. ‘FdotFloss,’ ‘SirSion’ and ‘gismoR1’ recently split $100,000 after each ponying up $50 at Jackpot Sit & Go. The entry fee option was increased to $50 from between $1-$10 just one day earlier due to popular demand.
When word spread regarding the huge jackpot payout on Aug. 2, it’s likely that players at FTP began heading to the lottery-style Sit & Go tables in hopes of being the next big winners. Action at the cash tables has undoubtedly dropped as a result, but you will likely hear no complaints from the site’s new owners, Amaya Inc.
New Jersey Market Awaits PokerStars
Amaya’s purchase of Rational Group has been finalized well ahead of schedule and may allow PokerStars to enter the New Jersey market a bit quicker than originally anticipated. Once that happens and PokerStars launches legally in the U.S., player traffic is destined to boost as a result.
Leading the regulated market in New Jersey is the Party Borgata Network once again. The previous update found WSOP.com in a tie with Borgata, but Caesars’ offering in New Jersey fell back to runner-up status after Party Borgata gained 7% in player action last week.
The overall online poker market continues to perform at levels below years past. Cash game action in early August of 2013 was 8% better than it is now. It appears that 2014 numbers will continue to be lower than those from a year before. There is a strong likelihood that positive percentages will not be realized until online poker regulation is approved by a number of states within the U.S.