Our strong preference is for internet gaming to be legalised and regulated at the federal level. It would be far easier to secure just one licence and be subject to one set of regulations. A nationwide system also provides much greater player liquidity than a state-by-state system,' he says. 'In our view only a handful of states will have enough liquidity to make internet poker profitable.
Whichever way they go about it, it seems clear gambling companies will continue to ready themselves for the regulation of the US poker market. Though it seems it is state regulation many are, resignedly, preparing for, some are still hoping for something at a federal level. 'We were very surprised by UIGEA back in 2006 so we may wake up one morning and find we have federal legislation, because it just makes so much more sense for online,' says Teufelberger.