Harrah’s Thinks Poker has a Chance

November 15, 2008

It would seem that people are much more optimistic in the wake of an Obama victory as it comes to online poker playing. Those same people are not so hopeful when it comes to online gambling, but they say that poker is in a class all by itself – which is kind of is.

They say that poker playing is a strategy game, and that many in Congress already see it as such. Many of those that have a problem with legalizing online gambling do not have a problem with online poker as they say that they are two different heads of the same beast.

Gary Loveman, the Chairman and CEO for Harrah’s is among those that think they stand a real chance at this. Loveman says that the odds for the legalization of poker have just gotten much better for them even though they have not gotten better for regular online gambling.

The company has a particular interest in online poker because of the fact that they own the World Series of Poker Brand. With online poker legal, it greatly increases their earning potential in the long run. They say that the leaders of Congress could be convinced more easily to legalize and regulate online poker than they could with online gambling.

They say that they are going to be working hard to getting poker legalized, especially after the US Treasury Department just announced that they were in the process of releasing and implementing the guidelines for the UIGEA.