Party Poker was one of the leading online poker sites in the world. They were a major player in the industry and helped to pioneer the online poker boom. However, they pulled out of the US market in 2006 after the passing of the Unlawful Internet Gambling Enforcement Act (UIGEA).
This act made it illegal for financial institutions to process payments for online gambling sites. Party Poker decided to instead focus on their international player base.
PRO TIP:Party Poker, one of the original online poker sites, closed its doors in 2006 due to the Unlawful Internet Gambling Enforcement Act (UIGEA). Players were able to cash out their winnings, but the site no longer accepts players from the United States. The site has since relaunched in 2013 and is now available in many countries around the world.
In 2016, Party Poker announced that they would be pulling out of Australia due to changes in government regulations. This was a major blow to the poker community in Australia, as Party Poker was one of the only major sites still servicing the market.
It is unclear what the future holds for Party Poker. They have been slowly pulled out of major markets around the world and it is unknown if they will be able to make a comeback.
Only time will tell if Party Poker will be able to make a comeback and reclaim their place as one of the top poker sites in the world.
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