U.S. Poker Promoters Moving To China
In
2004, Macau opened its doors to the gambling world. Building
over 20 new casinos in
5 years, Macau is becoming the Chinese Las Vegas. While baccarat
is the city's most popular game (raking in 86% of Macau's $14
billion revenue), U.S. poker promoters are now thinking of taking
their wares overseas to see what response they'll get.
This decision is the result of the 2006 ban
on online gambling in the U.S. As online casinos continue to
face scrutiny, many promoters associated with them are looking
for a new market, and Macau seems to be the perfect place.
In
2008, Macau approved Texas Hold'em games and, since then, three
Macau casinos have opened up poker rooms. During the first year
that the game was introduced, it only brought in $7 million,
but they are already seeing a vast increase. In just the first
quarter of 2009, Texas Hold'em made over $4 million. Poker players
in Macau are beginning to notice the poker explosion in their
town. Until recently, we have seen very few Asian players in
worldwide poker tournaments but that is expected to change.
As
more and more Macau casinos introduce poker, players' skills
are increasing rapidly, and they are looking for better opponents
and bigger venues. This is where U.S. poker promoters feel that
they can be of assistance. Watch out for U.S. poker to increase
its' presence in Macau and, in return, we will likely see more
Asians represented in big tournaments and playing in online
casino games,
as well.
|