• MGM and Boyd Partner With Online Gaming Giant bwin

    Two land-based gaming heavyweights, MGM Resorts International and Boyd Gaming Corp., have separately announced partnerships with bwin.party digital entertainment to offer Internet poker in the U.S.

    The deal is contingent upon federal legislation passing to license and regulate the industry. This is not expected this year, but the fact that the land-based casino giants are getting ready is a good sign for online poker in America, one of the few nations in the civilized world that does not allow adults to play their favorite game on their computer.

    The Vegas-based casino companies would jointly operate an online gaming company with the publicly-traded bwin.party owning 65 percent. MGM would control 25 percent, and Boyd would own 10 percent. Both MGM and Boyd would be licensed to run their own poker sites through bwin.party’s technology and software.

    “MGM has long been supportive of federal legislation to strengthen [Unlawful Internet Gaming Enforcement Act] and provide the needed regulations and consumer protections for online poker,” said Jim Murren, Chairman and CEO of MGM. “MGM is proud to have bwin.party as our partner as they have the assets and experience that, combined with our brands, can ensure a secure, fair and entertaining online poker experience.”

    London-based bwin owns PartyPoker and the World Poker Tour brand.

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