888 Holdings Poised to Enter US Market
Gaming giants, 888 Holdings, could be about to enter the Nevada gaming market after reports emerged of an online poker license in the pipeline. The latest speculation suggests that the company could be in a position to apply for permission to operate in the state if and when such provisions become available. A source confirmed that the organisation is in “advanced stages” of discussions with Caesars– the largest casino company in the world. A new partnership between the brands could pave the wave for a very promising future if 888 Holdings decides to push ahead with plans to take on the American market.
Members of the gaming industry are now monitoring ongoing debates which centre on the introduction of licenses to online poker operators. The Nevada Gaming Commission is currently unable to offer licenses without the federal government’s approval of an online poker bill. Many are now pinning their hopes on the Barton bill – proposed legislation which aims to offer poker a special status as a legal online activity. The bill is currently in the House of Representatives where it continues to excite heated debate amongst Republicans and Democrats alike.
888 Holdings first burst on to the scene back in 1997. Responsible for the operation of a number of online services including bingo, sports betting and poker sites, the organisation represents one of the most powerful forces at work in gaming today. Entering the US market would see the group consolidate its hold on the industry making this a particularly crucial year for the company and gambling community at large.