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UK Gaming Company Looking to Partner with Nevada for Poker

21 July 2011 by admin

There is definite interest in making ties for what many believe is the imminent online casino market in the United States. Overseas online casino companies are looking to make partnerships with casino companies in the US to solidify their place for when the US market opens up with either federal or state regulated real money online casinos. And now 888 is joining the race to make a partnership in the US.

Currently there are two major contenders for regulated online poker in the US. Granted their both for intrastate systems that would only allow residents of their own states to play, but we will call it a start. Those two states are Nevada and California. But also up and coming in the news of late is Massachusetts and their moves towards online casinos and online gambling, so keep an eye on them.

But for now overseas companies are looking at Nevada and California to make their online gambling and online poker alliances. Playtech is going with California. And now it has been announced that 888 is looking to stake its spot in Nevada. 888 reports that they are in the “advanced stages” in discussions with Caesar’s Entertainment Corp. It seems a partnership is being sought for a venture that would give Caesar’s access to online poker software to offer to their patrons in an online format, and that would also give 888 access to the US online casino market. If these talks with Caesar’s keep going forward and a venture partnership is solidified, 888 will be one of the first overseas online casino companies to apply for an online poker license in Nevada.

Earlier this year Nevada passed a bill that will allow for the creation of an intranet online poker infrastructure for the state. The infrastructure would be held back in its completed format until the federal government agrees to regulated online gambling. Overseas companies will be allowed to apply for licenses and enter into venture partnerships with established casino companies in Nevada.

At this point talks sound to be going well and 888 is excited about the prospect of partnering with such a venerated casino company in the US market, and Caesar’s sounds to be just excited at the prospect. “We would love to do it with them,” said Caesar’s Deputy Chairman, Brian Mattingley. As for 888, the online casino company is doing well with increased profits from last year, and is looking to expand into the US market as well as the Spanish market.

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