Titan Will Take Over
The "Black Friday" saga has left online poker in the US in a precarious situation.
Full Tilt Poker seems to have taken the brunt of anger and criticism with its refusal to refund its players. Over the past few weeks, we have heard news of Ivey's withdrawal of his lawsuit against Tiltware LLC amidst alleged investment from casino mogul Jack Binion. Anonymous European investors are also said to be interested. Frankly, no-one really knows what the future holds for Full Tilt Poker.
The "Black Friday" depression has hit pros and recreational players alike. Phil Ivey boycotted the WSOP out of protest for Full Tilt hoarding player funds. Doyle Brunson recently announced on his Twitter that he would be skipping this year's Main Event, because the events of April have killed his passion for the game. Many high stakes grinders are thinking of relocating. Even European players have suffered, with a Full Tilt Poker / Moneybookers dispute hindering cash withdrawals.
Although "Black Friday" may seem a crushing blow for US players in the short and mid term, in the long run it might act as a watershed moment. It highlights that something has to be done about legalising and regulating online poker in the US. The indictments made against Full Tilt, PokerStars and Ultimate Bet relate to the UIGEA (money laundering and fraud related to gambling), and it just shows that this law is inappropriate as online poker is legal.
Just last week, Republican Joe Barton introduced a new bill to legalize or regulate online poker. Although similar bills have been unsuccessful in the past, there's certainly a gathering storm to change government legislation. The "Black Friday" turmoil heightens the need for change.
Even if online poker does become legal in the US, it's unlikely that Full Tilt or PokerStars will have their licenses renewed anytime soon because of their past misdemeanours.
So, step forward Titan Poker. Titan is Europe's largest website on the iPoker network. With its untarnished reputation and solid European player base, it is best positioned to accommodate US custom in the future.
PartyPoker used to be one of world's leading poker sites, but has never recovered from its loss of US custom. Titan Poker has blossomed, recently adding a live casino and sportsbook to its website. It proved how it has been undeterred by the events of "Black Friday" by adding the "biggest and safest" deposit bonus online - 200% up to $2000, and revamping its VIP Club Titan Poker.
Expect Titan Poker to be at the peak of the industry very soon.
You must enter bonus code 2000DOL in the field for bonus code at the time of your first deposit in order to get the maximum bonus of 200% up to $2,000.