UltimatePoker.com launched this week as the first legally operated online gambling web site in Nevada. The site, owned by the Fertittas passed a bill granting legal online gambling a couple months ago.
Ultimate Poker has been advertising with the UFC since last year in anticipation of this launch. As many recall, US legislation banned online gambling sites. Delaware and New Jersey have passed legislation for online gaming but have no sites in those states have launched.
Via MMA Junkie (via USA Today)
Games will be as small as 25-cent bet tournaments and $300 limit table. The company believes the games will be a complement to casino gambling and not a competitor. The goal is to allow players who may be intimidated in a casino or otherwise more comfortable in an online setting.
Payout Perspective:
This investment could prove to be a boon for the Fertittas. Online poker was one of the driving forces behind The World Series of Poker phenomenon which had ESPN airing hours upon hours and multiple-versions of the poker tournament. With legislation passed in Nevada, Delaware and New Jersey, we can see more poker sites going up which may mean, in an indirect way, more sponsorship opportunities in MMA (pinpointing on the young male demo).
I read on one of the poker sites that the website hasn’t got all the bells and whistles turned on yet. If I’m remembering correctly that hold’em is the only game currently available. Other games will become available soon. The sorting options for available games sounds to be incredible for the discerning poker player looking for a certain type of table action though.
You can also deposit directly online as usual plus you can also go to any of the local Station Casinos and deposit or withdraw money immediately if that is your choice. A very nice option if you live in Vegas.
Being the first to be online is a big opportunity for them I think.
It’s so much easier when you explain it. Thanks!