Casino News 2011 flashback to Las Vegas, Nevada
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Five casino companies have applied for gaming licenses to operate online poker rooms in the great state of Nevada. The state gaming board anticipates licenses to be issued as early as February.
Firms that have applied include South Point Hotel, Casino and Spa, who became the first Vegas entity to offer a free-to-play online poker site last month. South Point would like to begin offering real cash play in the approaching months. The Nevada legislation would permit companies like South Point to allow real money play for Nevada residents. Should federal legislation pass, Nevada is likely to become a hub for internet poker rooms, pooling players from several states.
Nevada could sustain a pool of online poker players from the get go with a population of close to 3 million, a sweat number of which are passionate punters. Countries with similar populations such as Norway, Finland and Denmark, all with approximately 5 million people, have long supported a significant base of online punters.
IGT (International Game Technology), 888 Holdings, Cantor Gaming and Bally Technologies have also thrown their hat in the ring and applied for gaming licenses. Caesars Entertainment has also got a b2b agreement in place with 888.
IGT have purchased Swedish-based Entraction and its network of 112 rooms, none of which currently accept US customers, but that may change over time.
Like IGT, Bally Technologies, also based in Las Vegas, desires to be both a manufacturer and service provider for the lucrative gaming business.
While Cantor Gaming already enjoys a presence in Las Vegas as a provider of mobile gaming devices and sports wagering, a license would only permit the company to offer poker online.
IGT, Caesars Entertainment and MGM are considered the strongest and most powerful land based operations in the mix, while X is thought to be the European - offshore based operation best positioned to make the most of upcoming gaming opportunities in the U.S. X are already making inroads in the U.S with its XXX brand and attracts strong news media - TV broadcast coverage across America.
Who are you betting on? One thing seems likely - the U.S government is going to make a hell of a lot of money eventually when online gambling becomes totally legal.
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South Point Hotel, Casino and Spa
IGT (International Game Technology)
888 Holdings
Cantor Gaming
Bally Technologies
MGM Resorts International
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