Tag: wynn

Wynn Resorts Gives Nevada 888 Poker

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Poker players living in Nevada will soon be able to play online poker with other Nevada players through 888 Poker, in partnership with Wynn Resorts.

In the latest legal U.S. online poker partnership of a cascade of them to hit the news desk these past months (and for months to come in the foreseeable future) Wynn Resorts has partnered up with 888 Holdings, owner of 888 Poker among other online gambling sites, to offer its unique brand of online poker to players throughout the state of Nevada, where intrastate online poker has now been legalized and regulated. That makes Wynn Resorts, owned by Steve Wynn, the latest member of the All American Poker Network or AAPN that 888 Holdings set up along with Avenue Capital Group in order to offer legal intrastate online poker in states where it’s legal.

Currently, partnerships with land-based casinos already established in these areas is the only way an online poker site can apparently set up shop in the newly budding intrastate U.S. online poker market. Originally the news was that Wynn Resorts would be partnering with Poker Stars for its intrastate online poker offerings, but after the debacle of Black Friday, 2011, Wynn Resorts backed out of all talks with PokerStars, which is how AAPN and 888 Holdings was able to get a leg in the door.

So far, the states where online poker is now legal are Nevada, New Jersey, and Delaware, and 888 Holdings’ Brian Mattingly is already getting in a stake in every one of these markets.

Pokerstars to Partner with Wynn Resorts

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Pokerstars, world’s largest online poker site, has been very busy in Las Vegas over the last month. After announcing support for the passage of a new Nevada law that would bring online poker to the state and creating 500 new jobs if the law gets passed they have now formed a partnership with Wyn Resorts.

Wynn Resorts Ltd announced that they have entered into a partnership with online poker giant Pokerstars, and that the two companies would work together for the passage of a U.S. legislation that will define illegal internet gambling.

The companies plan to jointly operate a regulated, U.S. online poker site, PokerStarsWynn.com, if they can get the legislation to pass, Wynn said.

“We are convinced that the lack of regulation of internet gaming within the U.S. must change,” Wynn’s Chief Executive Officer Stephen Wynn said in a statement.