For a full read-out on what Pazaak is, heres a Link. Now..the major thing dragging SWTOR down right now is the lack of fun, stupid stuff to do once you're 50.
Sure you can go PvP, and thats probably the funnest thing to do aside from that weekly raid with your guild (if you're in a successful one). And you can do dailies (which are tons of fun, trust me!), but theres not a simple time sink.
People need something like fishing... Or a viable area with immediate access on the fleet to DUEL. Crafting just takes a long time for your companions to do without really any need for you to be there minus a few clicks. ( I really think that the gathering professions should not have missions available but I'll leave that be )
Forgive me, I've slightly strayed from the topic : Pazaak. It's something to do, and I believe it's supposed to be coming...but put a rush on it.
It will be an activity that encourages community, will build people's reputations..and of course make/lose them money. Leave the buy-in amount able to be changed by the starter of the game. place these tables in Fleet's cantina only with the option to buy one on your ship as a legacy perk.
Any additional addons?