eGaming Review August 2014 - 123 | Page 11

/ THE BRIEFING / NEWS NO YES THE BIG DEBATE THIS MONTH, WE ASK: WILL POKERSTARS DOMINATE THE US EGAMING MARKET IF IT COMPLETES THE SALE TO AMAYA? MARCUS YODER ALEX CZAJKOWSKI Former IGT executive director of sales and business development Consultant, Agency Lex A mericans love big brands. Given the choice between the branded pharmaceutical and the generic, despite the former being five times the price of the latter, they waffle for a moment and then take the brand. There’s an inherent trust in big brands and familiarity does not breed contempt.  Based on my pre-New Jersey poker launch surveys of players in the state, I wasn’t surprised to see The Borgata run away with the market, followed by the WSOP. The former is a super strong New Jersey brand, the latter a strong US brand. Everyone else is, well, everyone else. But throw PokerStars in the US mix and you definitely get a “things that make you go ‘hmmm’ moment”. They really owned the US market. When I asked 7,000 or so New Jersey poker players, now well served by several poker suppliers, if they’d return to PokerStars, the response was a quick and emphatic yes. W W W. E G R M A G A Z I N E . C O M PokerStars is one of the few online gaming brands to have really built awareness. Stars branding remains so strong that a friend of mine wearing an old “I <3 PS” T-shirt was approached while shopping and asked “poker player eh? I like PokerStars too.” I often say there are no real ‘brands’ in our industry, only utilitarian operators, but PokerStars may well be the exception. So while The Borgata’s reach is limited to the Atlantic North East, Stars does extend across the country’s collective memory of once-fun poker sites. Can Amaya resurrect that brand and return it to dominance in the country where poker really does still matter? Jurisdiction by jurisdiction, I’d have to say yes. Blockbuster once meant Friday night videos (and horrendous late fees on a hungover Sunday morning); PokerStars once meant online poker and you can bet your Moneymaker that it could again. T he pending acquisition of PokerStars by Amaya certainly poses several questions. Domination of the US market is one of them, but several others remain that will need to be answered. First, will shareholders, regulatory bodies, and the Ontario Securities Commission, even allow the acquisition? Second, will Amaya, a publicly traded company in a regulated industry, have to shut down any existing PokerStars efforts that might be operating in non-regulated markets? That would affect revenue streams and the ability for Amaya to pay down debt incurred in the transaction. Third, will Amaya now be seen as primarily a B2C company potentially affecting B2B operations in New Jersey, future B2B offerings in those US states that are in the