Wynn Joins Forces With PokerStars

Casino owner Wynn Resorts Ltd recently concluded a business venture with Pokerstars in support of centralized internet casino legislation in the United States.

The aim of this business venture is to form a new internet poker site namely PokerstarsWynn.com, on condition the bill introduced this month receives the thumbs up from Congressman John Campbell. Steve Wynn CEO of Wynn resorts informed Cassaon-casino that “The Company has operated in America for more than four decades; it’s in our best interest to bring an internet poker site to fruition.”

As it is there’s some hefty debates going on in the U.S concerning the legalization of internet casinos and its future and whether or not American players should be permitted to take bets, since the Unlawful Internet Gaming Enforcement Act (UIGEA) was promulgated by the Bush administration in 2006. Steve Wynn is confident that his casino would receive an egaming license to host a site the moment legislation is passed.

However, the Nevada Gaming Board (GCB) must still give legal approval to the Wynn-Pokerstars venture. At this stage it’s difficult to view it in the same light as the agreement between Caesars Interactive Entertainment and Dragonfish-NGC recently approved their license. At first there were some uncertainties with the initial agreement because of Dragonfish’s dealings in Europe, Pokerstars’ acceptance of U.S liquidity is a different kettle of fish altogether.

However, Pokerstars hopes that its intrastate bill in Nevada will receive the all clear soon, the language of which permits United Sates based online gambling sites to gain a licence in conjunction with other regulated jurisdictions.

The Senate Judiciary Committee perused the AB258 in Nevada yesterday, with Pokerstars providing numerous witnesses the likes of sponsored poker pro Vanessa Rousso and Jeremy Aguero economic forecaster.

Richard Perkins well known poker lobbyist for Pokerstars also shared his thoughts and acknowledged that the regulation of internet poker state-to-state will be more profitable. He also said “is a federal solution really on the cards?”He concluded that, via AB258 – those in support of the bill hopes to “see Nevada at the very top of the casino industry again be it land-based or online.”