Newsstands flush with poker magazines

updated 4:13 p.m. ET July 17, 2005

ATLANTA - Bluff magazine routinely reveals a world at the top of the poker craze that few get to see, of millionaire card sharks who spend money with abandon, use $1,000 chips as coasters and fly like rock stars from one glitzy casino to another.

But like its name, Bluff’s glamorous gloss is all for show. It spins its stories nearly a continent away from the poker mecca of Las Vegas at its headquarters in Atlanta, where the most exciting legal gambling experience is scratching off a lottery ticket.

“We’re aimed at the new generation of poker players,” said Eddy Kleid, Bluff’s co-president. “We wanted to make it fun and sexy. We’re kind of like a ’Maxim’ for poker.”

Poker’s exploding popularity, with televised Texas hold’em tournaments and Internet games, has created an unprecedented opportunity for magazine publishers — even those far from casinos — looking to cash in on the craze. In the last year, as many as 10 poker magazines have popped up in card rooms, newsstands and stores.

“But publishers need to know when to hold ’em and when to fold ’em,” warned Samir Husni, chairman of the journalism department at the University of Mississippi. “All of magazine publishing is gambling but when you are gambling on a fad, it’s a bigger gamble.”

The new poker magazines have caused industry veteran Card Player, based in Las Vegas, to take notice.

“Thanks to all these new poker magazines, it’s forced me to come out with a better product,” said Jeff Shulman, president and co-publisher of the 150,000-circulation magazine. “This is by far the best time for us.”

The poker magazine industry is flush with new advertising dollars from other companies profiting from the poker craze, including poker Web sites that, although not legal in the United States, can advertise because they’re based abroad; regular (and legal) casino card rooms and other companies that sell poker-related products from clothing to bobbleheads.

In total, poker magazines bring in between $5 million and $10 million in revenue a year, a figure comparable to the yields of specialty magazine markets for triathletes and other hobbyists, Husni said.

None of the most popular magazines, however, are listed with the independent Audit Bureau of Circulation, so there are no reliable readership figures for the segment.

Poker has become popular among American youth, thanks to TV shows such as Bravo’s “Celebrity Poker Showdown,” the Travel Channel’s “World Poker Tour,” and ESPN’s coverage of the World Series of Poker. Also helping fuel the boom were the rags-to-riches stories of nonprofessional players Chris Moneymaker and Greg Raymer, both of whom won the World Series of Poker’s no-limit Texas hold’em World Championship in 2003 and 2004.

MORE FROM U.S. BUSINESS

U.S. business Section Front

Phelps’ marketing plan going the distance Ad group opposes Yahoo-Google partnership Strike could cost Boeing billions Boeing machinists go on strike after talks fail Microsoft Gurus to take on Apple’s Genuises Dell plans to sell computer factories — report Google is world's most powerful 10-year-old Is Favre financial savior for the Jets? Study: Workers to pay more for health care Gannett gains controlling CareerBuilder stake U.S. business Section Front   Add U.S. business headlines to your news reader: