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Market
International Poker Sites' Response to U.S. Regulations by 2026
5
Resolution / Starting Odds
Exit U.S. market • 25%
Comply with U.S. regulations • 25%
Form partnerships with U.S. companies • 25%
No change in operation strategy • 25%
Corporate statements, market analysis reports, or regulatory news updates.
Story
Black Friday Anniversary: U.S. Crackdown on Online Poker Sites Spurs Legalization Efforts
Apr 15, 2024, 09:43 PM
The infamous event known as 'Black Friday' in the poker community, which occurred on April 15, 2011, involved the U.S. government seizing the domains of major online poker sites like PokerStars, Full Tilt Poker, and Ultimate Bet. This action was part of a broader effort to push for the legalization of poker in the U.S. by eliminating unregulated sites. Thirteen years later, six states have legalized online poker, with expectations for six more in the next five years. On the day of the event, many players found themselves unable to access their accounts, with some losing significant amounts of money. The government's intervention highlighted the risks of unregulated online gambling, as two of the three major sites had misappropriated player funds. The event forced many players to make tough decisions about their future in poker, with some choosing to move abroad or switch to live games, while others contemplated quitting altogether.
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Implement similar rules • 33%
No change in regulations • 33%
Loosen cryptocurrency regulations • 34%
Increase transparency and compliance efforts • 33%
Reconsider or reduce U.S. investments • 33%
No significant change in strategy • 34%
Increased investments in Thailand • 25%
Divestment from Thailand • 25%
No significant change • 25%
Increased regulatory scrutiny • 25%
Restructure global operations • 25%
Seek exemptions or modifications • 25%
No significant change • 25%
Increase domestic investments • 25%
Compliance • 25%
Non-compliance • 25%
Legal Challenge • 25%
Service Modification • 25%
Coinbase appeals the decision • 25%
Coinbase adjusts business practices • 25%
Coinbase seeks further legal action • 25%
Coinbase complies without contest • 25%
Implement similar changes • 33%
Seek exemptions or extensions • 33%
No significant changes • 33%
Other major exchanges face similar SEC actions • 33%
Limited actions on other exchanges • 33%
No action on other exchanges • 34%
Increase in Market Value • 33%
Decrease in Market Value • 33%
No Significant Change • 33%
Increased regulation • 33%
No change • 33%
Decreased regulation • 33%
No new regulations • 33%
New regulations passed • 33%
Regulations proposed but not passed • 34%
Increase in user numbers • 33%
Decrease in user numbers • 33%
No significant change • 34%