Facebook Poker to benefit Tremendously from New Law

As the largest social networking site on the planet, Facebook is already doing pretty well. Millions of people log on every day (or multiple times every day) to check their profiles and chat with friends. And while Facebook is already successful, they could benefit immensely assuming Massachusetts Rep. Barney Frank’s bill passes.

Frank has been pushing a bill for the last few years that would regulate poker in the United States, and essentially make it totally legal to play. Unfortunately, Frank still has some obstacles to overcome in order to get the bill passed, but many believe he is closer then ever before. So how does this involve the social networking giant Facebook you may ask?

Well Facebook runs a little poker operation of their own called Zygna poker. Zygna currently draws 60 million users for all of the games that it offers while poker tops the list. Basically this means that Zygna has several million poker players and they don’t even offer any real money games!

Assuming Frank’s bill passes though, Zygna could begin offering Facebook users real cash games. If even 10% of the several million Zygna players created a real money account, this would mean hundreds of thousands of real money players. Obviously not all of them would become regulars, but a fair share of them would eventually hit the felt every day.

Of course, Facebook is not talking about the possibility that Zygna could one day offer real money poker games. They told Business Insider that it’s too early to be speculating on the possibility of real money games. And while they won’t go public with intentions of creating real money software, it’s speculated that Facebook will indeed hop into the online poker market assuming Frank’s bill is passed.