re: Poker & Is online poker dead in the U.S.?
Originally Posted by JVal
poker sites should never be losing money
Poker sites have all of the expenses of any online business, including facilities and marketing costs. Consider items such as deposit matching, refill bonuses, tournament add-ons, covering overlays, rakeback and paying affiliates. Anyone who runs any kind of business can tell you that none of this comes cheap. Because of these costs and others a couple of regulated sites in New Jersey and Nevada have failed over the past year.
Without question, there have been some well reported excesses; however, to say that poker sites should never lose money is just a little unrealistic.