Tom Breitling, the chairman of Ultimate Poker, a name synonymous with both the triumphs and tribulations of early US online poker regulation, embodies the spirit of relentless dedication. His story is one interwoven with the dramatic rise and fall of Ultimate Poker, a saga etched not just in digital code but, quite literally, in mountains of paperwork. Breitling’s journey, marked by meticulous planning and ultimately, by the unforgiving realities of the nascent US online gaming market, serves as a compelling case study in the challenges and rewards of pioneering a new industry.
The sheer scale of the undertaking is almost mythical. Breitling himself has spoken of the monumental effort required to launch Ultimate Poker, detailing the staggering amount of documentation involved: 700,000 pages, or approximately 71 yards of paper. This figure, almost incomprehensible in its magnitude, speaks volumes about the regulatory hurdles faced in navigating the complex legal landscape of Nevada’s online gaming market. It represents the countless hours of legal consultation, regulatory compliance, and painstaking detail-oriented work that went into creating a platform that aimed to be not just legal, but also a leader in the burgeoning online poker world. This wasn't simply about building a website; it was about building a legally sound, sustainable business within a completely uncharted territory.
Ultimate Poker Makes History:
Ultimate Poker’s launch in 2013 was a watershed moment. It marked the first time a fully regulated online poker site went live in the United States. This was no small feat. It represented years of planning, lobbying, and tireless work by Breitling and his team at Ultimate Gaming, the parent company. The launch wasn’t just a technological achievement; it was a legal and regulatory triumph, a testament to the perseverance and strategic vision of its leadership. It paved the way for other states to consider their own regulated online gaming markets, even if the path ultimately proved more challenging than initially anticipated. The history books will remember Ultimate Poker as a pioneer, a bold experiment that dared to test the waters of a highly regulated and politically sensitive industry.
Private Investment Management Las Vegas, NV:
Breitling's background in private investment management in Las Vegas provided him with the necessary financial acumen and understanding of the Nevada regulatory environment. This wasn't simply a case of a tech entrepreneur diving into the gaming world; it was a strategic move by someone deeply familiar with the intricacies of the Las Vegas market and the specific challenges of operating within its regulatory framework. His experience allowed him to assemble a team capable of navigating the complex legal and financial landscape, a crucial element in the success (however short-lived) of Ultimate Poker. His understanding of the investment landscape was key to securing the funding necessary to launch and maintain the platform, a considerable undertaking in itself.
The Unfolding Reality: Ultimate Gaming closes Nevada online poker site; Poker News; Online poker’s Ultimate Gaming folds after 19 months; Ultimate Poker Shuts Down Operations in Nevada; Ultimate Gaming closes Ultimate Poker:
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