Regulators license MGM Resorts' planned Web gambling subsidiary

16 November 2012

LAS VEGAS -- MGM Resorts International's planned online gaming subsidiary was licensed Thursday by the Nevada Gaming Commission to operate an interactive poker website in Nevada.

MGM Resorts officials told regulators the company would wait until real-money poker and casino online company Bwin.Party Digital Entertainment plc is licensed by the state before launching its website.

Bwin.party, MGM Resorts and Boyd Gaming Corporation have a partnership agreement to operate the online poker in Nevada and throughout the United States if Congress legalizes the activity.

Bwin.Party is licensed in Gibraltar and operates throughout Europe. The company is awaiting licensing from Nevada gaming regulators, but the application isn't expected to be heard until sometime next year.

Under the agreement, Bwin.Party owns 65 percent of the operation, MGM Resorts owns 25 percent and Boyd Gaming has 10 percent.

Online poker websites modeled after MGM Resorts' nine Strip resort brands, such as Bellagio, MGM Grand, Mandalay Bay and The Mirage, would be placed in the same network as Bwin.Party's major brands, PartyPoker and World Poker Tour.

The brands would share marketing and player information.

Initially, the company, MGM Online, plans to launch a free-play Internet poker site early next year in preparation for real-money poker.

MGM Resorts General Counsel John McManus told commissioners the company's compliance committee investigated Bwin.Party before a deal with the online company was reached.

Gaming Commission Chairman Peter Bernhard said the granting of an interactive gaming license to MGM Resorts wasn't an endorsement of Bwin.Party.

The company, he said, will have to be licensed on its own accord.

MGM Resorts is responsible for customer acquisition, marketing, customer support and retention of the poker websites. Bwin.Party is providing the technology for the gaming system.

Two other companies also received interactive gaming approval Thursday by the commission.

Z4Poker LLC of Las Vegas was licensed as an interactive gaming manufacturer and provider while Cams LLC of Los Angeles was licensed as an interactive gaming service provider for geolacation technology, patron identification and payment processing.

State gaming regulators approved Interactive gaming regulations for poker earlier this year following authorization last year by the Nevada Legislature.

Since June, Boyd Gaming, Fertitta Interactive LLC, the Golden Nugget, South Point Poker, Global Cash Access Holdings, Bally Technologies, SHFL Entertainment, American Casino and Entertainment Properties, PokerTrip Enterprises, NetEffect Networks, International Game Technology, Monarch Interactive and WMS Industries have all received interactive gaming licenses.

It's unclear when the state's first pay-to-play online poker website will go live.

Related Links
Boyd Gaming Gaming Vendor Information


Copyright GamingWire. All rights reserved.
Featured Vendors
TribalHub
Imagine This
TribalHub
25th Annual TribalNet Conference Sept 16-19, 2024 Westgate Las Vegas
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!
Casino City Press
Oklahoma Indian Gaming Association (OIGA) Conference
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: August 12-14, 2024 Oklahoma City
Talisman Group Creators of EZ Baccarat
Betson Imperial Parts & Service
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Casino Schedule Ease
Sunkist Graphics, Inc.
Casino Schedule Ease
Full Featured & customizable for the complex scheduling needs of table games & other casino depts
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Dable Advisory & Consulting Services
AmericanChecked
Dable Advisory & Consulting Services
Advisory & consulting services services for Indigenous entrepreneurs, businesses & organizations
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Slot Machines Unlimited
Regulatory Management Counselors, PC
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Regulatory Management Counselors, PC
Over 45 years of experience serving the legal and regulatory needs of casino industry clients
Players Pal
Casino Network
Players Pal
Revolutionize the way you connect with your casino players with the Players Pal mobile app
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Texas Slots & Gaming
Top One Tech Limited
Texas Slots & Gaming
Wholesale gaming reimagined. Texas Slots & Gaming is your sustainable gaming partner.
Top One Tech Limited
Global Touch solution partner of choice, 10+ years OEM manufacturing, 100,000+ units application
Shenzhen ZhengYuanTai Technology Co., Ltd.
Rymax Marketing Services, Inc.
Shenzhen ZhengYuanTai Technology Co., Ltd.
14 years experienced gaming display manufacturer: open frame, curved, and halo monitors
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI


Your Guide to 14,941 Gaming Industry Suppliers