Replies to post #1186 on Face Up Entertainment Group, Inc. (FUEG)

[Hedge Starz]

HOW will the INDUSTRY Change if State Legislation PASSES Gaming Reform Issues?
Per a Forbes Article - "The potential for online poker and other casino games in the U.S. is enormous. The global gambling industry's total gross win (a measure of how much money gambling companies make, and their customers lose) is expected to grow 5.6% to $417 billion this year, according to intelligence firm H2 Gambling Capital. 8.1%, or $33.8 billion, will come through interactive, or online, channels, and that is expected to grow to just under 10% by 2015. If the leading 12 U.S. states were to introduce permissive regulation, their share of the market, currently at 8%, could rise to 28% in five years, unlocking incredible value, H2 noted."
$FUEG released their own opinion on the Value that STATES SHOULD BE UNLOCKING to ease their financial and economic burden - Face Up Entertainment Sees States Leading Fight to Legalize On-Line Poker Play.
• States considered most likely to pursue online poker legislation this year are California, Illinois, Massachusetts and Iowa. Others, like Pennsylvania and Maryland, may emerge.