The poker industry in 2020

Poker Industry 2020Poker has become a prominent game across the world today. With more countries legalizing poker in casinos and online, the poker industry is surely on its way to greater heights. Even as the industry reaches a large number of fans across the globe, there is still a lot of work to be done to make the gameplay more intriguing, even to the most experienced players. In this article, we will take a detailed look at the 5 changes we expect to come to pass in 2020.

The Encouragement of Unlimited Re-entries by Tournament Operators

Even though every poker player would love the poker industry to discard its unlimited re-entry fetish, it is expected that tournament operators won’t stop using unlimited re-entries. Unfortunately, lots of tournament operators make lots of money from the modern-day tournament format. Hence, there won’t want to stop making big bucks from such formats.

For instance, Alex Forden, who won the WPT Five-diamond World Poker Classic for $1.7 million used five entries to build his stack. Lots of critics built up saying that players such as Forden used the advantage of their wealth to win events.

The Growth of Video Poker

There are no doubts that there will be countless opportunities in 2020 for poker players out there. With the inception of 5G gaming video poker on various devices, such as mobile phones there is surely going to be an increase in video poker, as live poker sessions become prominent. Currently, there are over 40 million people already involved in playing poker regularly; this is set to offer new experiences and encourage more people to try playing poker online.

Rise of Pop Culture in Poker

Even though we expect a rise in live poker, there is also going to be a big influence of pop culture in gambling. There are lots of themed-slots that are focused on and use popular franchises. This phenomenon will gain popularity very soon.

Pop culture in gambling dates a few years back when early Vegas slots featured notable and prominent celebrities that resided in Vegas at that time. This trend rose into the digital era, with lots of casinos using popular celebrities to encourage play. This is a new marketing strategy for poker websites to entice new users and existing ones to try playing new poker games.

Improved Legal Regulations

There is no doubt that the legal part of gambling has been in a state of flux. If not for legal gambling Acts such as the UK Gambling Act of 2005, gambling laws often take a dynamic approach. The legal landscape of gambling hasn’t improved over the years due to the fact the attitudes toward gambling legalization is relaxing —especially online gambling.

In the United States, a number of states such as Nevada, New Jersey, and Delaware enacted the legalization of online gambling. More states in the country are on the verge of legalizing online poker.

It is important to know that countries such as Japan and Morocco are also considering how gambling can be available to help their economies.  Japan aims to legalize gambling when the 2020 Tokyo Summer Olympics begin.

Increased Popularity of Cryptocurrency in Poker

The last trend that will emerge is the rise of crypto poker. Cryptocurrency is now a new way for lots of people to place bets and gamble. Poker websites are accepting cryptocurrencies for deposits and withdrawals, and many others are using this form as a secured means of gambling.

Blockchain systems are safe, making it one of the safest ways of gambling. Additionally, cryptocurrencies offer lower fees for transactions and there are accessible to use. As technology continues to increase, younger audiences will move to this secure way of gambling.

There are other trends that will take place in 2020, of which promises to improve the industry —others might not though — regardless of the games and style of the online casino.

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About the Author

Lawrence Damilola

Hi Guys, I am Lawrence and I started working for YourPokerDream as a content manager since 2019.
My job is it to manage the news section of YourPokerdream; to write different reviews on our partner sites and create new articles.

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The last changes of the page “Poker Industry: 5 Things to Expect in 2020” was made by Lawrence Damilola on January 21, 2020