Phil Galfond's Run It Once Poker shutting down to focus on US market

Phil Galfond is one of the greatest PLO players in the history of online poker, but he had to make a tough business decision regarding his dream website Run It Once . Galfond’s online poker site — Run It Once — will cease global operations as of January 3, 2022 in order to focus on the US marketplace in the near future. Players have until April 3, 2022 to cash out , but this is a major step backward before Galfond and Run It Once can take a giant leap within the American marketplace.

The pandemic has been tough across the board , but online poker and other online gambling entities thrived during the global shutdown. When casinos had to shut their doors, even in Sin City, many gamblers headed online to virtual options. Online poker and online gambling spiked across the board. The pandemic was an awful thing and disrupted business on a global scale, but online poker saw a huge surge and a wave of new players that hit the virtual felt to get their gambling fix.

Run It Once (aka RIO) had a nice bump even though they did not accept American players. However, when the shutdowns ended and when brick and mortar poker rooms and casinos re-opened for the first time, gamblers flocked to their favorite gambling locales. In some areas like Las Vegas, poker rooms were shuttered by bean counters and lack of staffing. Heck, even Caesars trimmed their fat and you can only find a couple places to play live poker on the Strip — and that’s from the folks that bring you the World Series of Poker . You know it was a sad day when the iconic Mirage shut down its poker room in November 2020.

After a nice spike during the earliest days of the pandemic, online poker saw their numbers dip across the board. Run It Once took a big hit as well. Phil Galfond penned a state of the union address that read a little bit like a eulogy. But not to fear. He’s shutting down his passion […]

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