Ultimate Gaming Launches Real Money Poker Website In Nevada
The Fertitta brothers are well known for their UFC involvement as well as land casinos in the U.S. They have always enjoyed a reputation for leading the pack and today they have yet another milestone to add to their impressive record. Their social gaming company Ultimate Gaming which they founded in 2010 has announced that they will be launching legal real money poker website called UltimatePoker.com.
The site will be run by Ultimate gaming and will initially accept wages from Nevada players only but most believe that the ongoing legalization of online gambling in the U.S. will spread throughout the country.
This real money online poker launch is a major step for Ultimate Gaming as they are officially the first to open real money poker for gamblers. With Nevada, Delaware and New Jersey leading the way, the coming months expect to see a flurry of real money gaming launches which include amongst many the much anticipated real money poker from social gaming giant Zynga.
Ultimate Gaming CEO described the launch on Tuesday as significant,” There was black Friday, and now we’re going to have `trusting Tuesday. Players won’t have to worry if their money is safe. They are going to be able to play with people they can trust and know the highest regulatory standards have been applied.”
In order to start playing on UltimatePoker.com players will have to go through a lengthy process which includes providing a social security number and Nevada address. Players will also have to be over the age of 21.
The stakes are high in the online gambling world with conservative estimates of $35 billion wagered a year . There are also estimates that a legal online poker market in the U.S could generate over $4.3 billion in the first year alone and reach over $9.6 billion by year five.