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2008-11-18 09:33:58

Pokerstars Continues to Grow Despite Global Economic Meltdown



chart showing the pokerstars stock going up - logo

Despite the fact that there is currently a crippling global economic meltdown underway, Pokerstars continues to break records.

According to Pokerscout.com (link below), Pokerstars.com had over 30,000 real money cash game players on their site at the same time yesterday. This is a record for the company and a marked improvement over this time last year.

Other major poker networks, including Full Tilt Poker, have been trending higher over the past number of months as well. Many were of the opinion that the online poker industry would start to buckle under the strain of a troubled global economy, but so far this hasn't happened.

The major poker networks received an expected boost of traffic when the World Series of Poker main event finally concluded earlier this month. However, traffic has remained strong since November 4th, which is certainly good news for the industry.

Pokerstars continues to be the 800 pound gorilla of the online poker industry. Their 24-hour cash game player peak was more than double that of Full Tilt Poker, the second largest site in the industry. It's hard to imagine another site catching Pokerstars at this point, given their brand recognition, growing player base and aggressive international marketing campaigns.

The online poker industry still faces issues (UIGEA, etc). However, preliminary data seems to indicate that the industry will be able to withstand the global economic meltdown.

Source: Pokerscout.com


Filed Under: Poker Room News





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