Posts Tagged ‘tribal online casinos’

Atlantis Internet Group Signs With Cake to Power Tribal Online Poker

Monday, September 13th, 2010

AtlantisInternetGroup2In what could be a sign of things to come for online casino gambling in the United States, Las Vegas-based Atlantis Internet Group has signed an agreement with the popular Cake Poker Network (powering U.S. favorite, Doyle’s Room), to create a wide area online poker network for players residing in regulated tribal casino State’s.

While this may seem, at first, a bold and dangerous move in light of the UIGEA – albeit an ineffective online gambling ban – Atlantis Internet Group Chief Executive, Donald L. Bailey, says the agreement will give the Tribal Gaming Network (a patent pending intratribal/intrastate online casino network) an “immediate and legal solution” for tribes seeking to offer internet betting.

That’s because the UIGEA has exemptions for Indian Casinos, intertribal internet gaming, as well as State’s with intrastate online gambling laws. Personally, that’s news to me – I thought the only carveouts in the UIGEA were for horseracing, lotto and fantasy sports betting.

TribalGamingNetworkBut according to the National Indian Gaming Commission, which oversees tribal casino regulations in the State’s, the Tribal Gaming Network is 100% legit. It’s also 100% loaded. Synced with over ten tribal casinos and potentially allowing players in thirty State’s to play online casino games, the Tribal Gaming Network has the potential of offering one of the largest wide area progressive jackpot networks on the Web.

For now, Atlantis Internet Group has it’s sights on online poker, which currently holds the greatest potential of becoming regulated in State’s where tribal casino gambling is legal. California leads the way with an amended poker bill scheduled for legislative action before the year is out, while both New Jersey & Florida are considering similar options.

The Cake Network is certainly a great choice for launching an online poker network. With thousands of players online at any given moment and an open door to the U.S. online poker market, Cake will give the Tribal Gaming Network instant liquidity, not to mention credibility, while a giant surpluss of players will only serve to strenghten Cake in return.