It has been a tumultuous week in the social gaming market. While changes are happening at a rapid pace in the U.S. many social based casino gaming interests are looking to capitalize and join the real-money online poker world. This online poker market is huge and if legalized in the U.S, it could prove to be one of the most lucrative online gambling markets on offer.

One of the latest developments is coming from a Tweet by CEO of Chili Poker Alexandre Dreyfus who tweeted “ ready for a new venture related to #poker”
This has led to speculation that the online poker company may start some sort of real-money online poker option in the U.S. Currently they run which generates over 2 billion Euros and has over 4.5 million players .While highly successful in France, the U.S. market has alluded them as it is still illegal to bet and play online pokerfrom the U.S.

This situation is in the process of changing as all our regular readers are aware. This change has been seen as inevitable the moment the Justice Department in the U.S. reviewed its stance on the Wire Act of 1961 back in December 2011. Online casino gaming companies like Chili Poker have already taken steps to place themselves to enter the U.S. online gambling market as soon as it is legally possible to do so. Already way back in February 2012 Chiligaming and Golden Nugget announced their online gaming partnership with their launch of their free-to-play website. This move was clearly launched in anticipation of the U.S. online gambling market opening up.

CEO Alexandre Dreyfus said at the time,” Chiligaming is thrilled to partner with Golden Nugget, which has a very strong brand presence across the US. With its Las Vegas, Laughlin and Atlantic City properties, it is ideally and uniquely positioned for all of the online developments that lie ahead.”
In light of this it seems reasonable to expect an announcement sometime this week. Dreyfus even tweeted as recently as today,” is this week a good timing to make an announcement / PR ? :)”

This is seen by many as a hint at social gaming Giant Zynga who only last week saw their share price drop by 40% after disappointing forecasts. Dreyfus is all too aware of the sensitive environment in which social gaming companies are presently working under. Investors are looking for definite results and not big promises. Interestingly enough Zynga CEO Mark Pincus announced that they will be offering some sort of real-money online poker offering in the first half of 2013. This is seen by many as an Ace in the Hole which could return investor trust.

There is no doubt that CEO of Chili Poker Dreyfus is aware of the tremendous opportunities in expanding their real-money offerings to the U.S. but at the same time cannot ignore the possible trappings and obstacles on the way. We look forward to following this story as it develops.

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