Archive for Cake Poker

US Asset Freeze Hits PokerStars Hard

Posted in Uncategorized with tags , , , , , , , , , , on June 25, 2009 by mikewebb82

A couple of days ago the US Government froze USD 33 Million in player transactions coming from poker sites accepting US players. PokerStars

Poker Stars

Poker Stars

 is the poker room that got hit the hardest while Full Tilt Poker and Cake Poker takes this as an opportunity to build their player base.

The traffic at PokerStars went down by 7 per cent during June. This is a direct effect of the US players having trouble making a deposit using eChecks, which is the most popular deposit option for US players.

FullTilt and Cake Poker on the other hand have taken advantage of the current situation, and they have seen their traffic rise by 3 per cent each in June.

Poker players at Full Tilt Poker were also hit by these problems in the beginning but the people in charge at Full Tilt have been able to set up alternative options for player transactions very quickly. On poker forums around the internet public opinion seems to be that PokerStars have been taking a very long time to solve this issue, and players are not happy with this.

It will be interesting to see how player traffic is going to be affected in coming weeks. Unless PokerStars can find a solid solution to this issue soon, they are likely to lose more market share to FullTilt and Cake Poker.