Gambling website 888.com has claimed that the online poker bubble will burst and that the rate of user sign-ups cannot be sustained
New entrant claims huge untapped market among offline poker players

Online poker boom may fold

Users bored with low quality gameplay, claims startup

Matt Chapman

Gambling website 888.com has claimed that the online poker bubble will burst and that the rate of user sign-ups cannot be sustained. 

"The exponential rates we have seen just can't keep going," John Anderson, chief executive at 888.com, told the Financial Times. "If it keeps going no one in the world will be working. We'll all be playing online poker."

Advertisement

However, Anderson's latest statement seems to contradict what he told The Times back in September 2005, following 888.com's poor share results.

"Our reliance on the US market is low and internet penetration is still at a very low level," he said at the time.

Anderson's lack of faith in the internet poker market was also disputed by a company about to launch in this market.

"If you're talking about exponential growth there is a very real ceiling to those limits, but there are still very healthy growth rates," said Simon Prodger, marketing director at PKR.com

PKR.com is due to launch on 5 June and the company insists that the market still has a lot of room for improvement.

"At the moment every poker site's idea of product development is to add blackjack, which isn't really developing the product for the user," said Prodger.

PKR believes that a huge untapped market exists among offline poker players around the world before online sites even try to attract new players.

"Rumours suggest 100 million poker players worldwide, so if that's true you're looking at two per cent of the market playing online in any given month, " said Prodger.

"Poker videogames often sell two to three million units and that's often more people than are playing online."

Prodger suggested that the problem may lie in online poker being boring for players because there is not a lot to do or see between their actions.

PKR had worked on developing characters, animations and videogame quality graphics to combat the lack of engagement felt by players.

"You don't get bored playing in a live card room because real poker works well. Unfortunately the usual online version doesn't deliver on that," said Prodger.

"The common phrase is 'the game's the game' but I think this is missing out on something."

888.com was not available for comment on this story.

  • Have your say
  • Send to a friend
  • Print
  • Digg
  • Reddit
  • Share

Tags:

Do you agree?

Further reading

Last year's Grand National winner, Hedgehunter, is the most widely searched-for horse on the web

Workers race online for Grand National

2005 winner Hedgehunter the most searched for horse

US seeks to tighten web gambling laws

Politicians attempt to block overseas betting websites

BVS Video Poker

An enjoyable game that simulates video poker

Related whitepapers

Related jobs

Most watched

HTC Hero

Hands on with the HTC Hero

V3.co.uk gets a walk through of the Hero, which includes HTC's new Sense overlay for Android

Xperia X1

Video Review: Sony Ericsson Xperia X1

First Looks Editor Ian Williams gets hands on with the Sony Ericsson Xperia X1

IT white papers

Search white papers

Top categories

Poll

Poll: Summer smartphones

Poll: Summer smartphones

Which smartphone will you be taking to the beach this summer?

View poll results

Advertisement

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Spotlight

HTC Hero

Hands on with the HTC Hero

V3.co.uk gets a walk through of the Hero, which includes...

NetGear ReadyNAS NVX

Review: NetGear ReadyNAS NVX

NetGear's four-bay compact network-attached storage gets a serious speed boost

AMD

AMD adds to six-core Opteron line up

New HE processors promise even lower power consumption

Adobe Systems

Adobe launches ColdFusion 9 and ColdFusion Builder

Firm promises enhanced developer productivity

Primary Navigation