BetMGM Online Poker In Nevada May Be Launching SoonCompany Details Importance Of U.S. Market Amid Platform Approval |
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Nevada was one of the first U.S. states to adopt legalized online poker, but has had only one operator for years. That may be changing soon.
After pushing the Nevada Gaming Commission for an extension of the company’s poker license in the state in April, representatives of the brand’s co-owner, Entain, were back in front of the commission in mid-May. The company was seeking approval of its Bwin.Party platform that included PartyPoker software.
That approval was ultimately granted and a BetMGM/PartyPoker launch now seems possible in the coming months.
Focusing On Regulated Markets
Company representatives noted that Entain has moved toward operating only in regulated markets, exiting “grey” markets over the last few years. That has also included some changes in management as well.
“The company has an extremely strong commitment to compliance and always works to do the right thing that they feel is appropriate,” a company representative told the board.
Currently, WSOP.com, the official online poker site of the World Series of Poker, is the only poker operator in the state of Nevada, although a Station Casinos backed product called Ultimate Poker did run as a competitor for a little more than two years between 2012 and 2014.
“The U.S. is a very important part of our business at Entain,” another company representative noted to the commission.
Seeing several platforms approved by the commission enables Entain/MGM to eventually launch a poker product in the state. The company also operates poker in New Jersey, Pennsylvania, and Michigan, but has yet to launch shared liquidity in any markets. The company has hinted that this could be changing this year however.
WSOP.com shares player pools between Nevada and New Jersey as part of the Multi-State Internet Gaming Agreement (MSIGA). Pennsylvania is now considering joining the MSIGA, which would more than double the pool with 13 million more potential players.
Other than WSOP.com, PokerStars is the only other operator offering a shared platform in more than one state, with shared liquidity in Michigan and New Jersey. The MSIGA also includes Delaware and West Virginia, but no poker sites are currently operating in those states.
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