888 is already one of the biggest names in American online poker, at least when it comes to regulated sites. They provide software for the World Series of Poker-branded websites in Nevada and New Jersey, run their own 888 Poker website in New Jersey, and are the sole software provider for Delaware’s Internet poker sites. That placed them in a perfect position to benefit when states started to combine their player pools, and it’s now time for that advantage to pay dividends.
888 announced to investors Wednesday that it will be launching the first ever interstate online poker network in the history of regulated Internet gambling in the United States. The shared network will combine the player pools at 888-powered sites in Nevada and Delaware to create an entity that will likely be among the largest regulated competitors in the US online poker market.
888 In Best Position to Make Interstate Networks
The network, which will be known as the All American Poker Network (AAPN), will feature a total of six sites when it launches (an exact date was not provided). That includes the three Delaware racino sites, which already share their player liquidity, along with players from three Nevada sites: WSOP.com, an upcoming 888-branded poker room, and a skin that is owned by Treasure Island.
This interstate network was made possible in February, when the governors of Nevada and Delaware signed a compact allowing online gambling sites in each state to share their player pools. This was mainly aimed at making Internet poker sites more viable in the two small states. However, since 888 is the sole online software provider for Delaware’s casinos, they are the only company that can currently take advantage of the arrangement.
888 also considers their New Jersey site to be an AAPN poker room; however, since it is not partnered with any other sites in the state, and because New Jersey does not have any player sharing agreements in place, it currently operates as an independent site.
Mattingley to Become Chairman of the Board
This week also saw the announcement of a change in leadership for 888. Brian Mattingley, who has been in the news lately for his comments about PokerStars’ potential reentry into the US market, will be stepping down as CEO of the company and instead taking the position of Executive Chairman of the Board. That move will take place at 888’s 2015 Annual General Meeting, when current Non-Executive Chairman of the Board Richard Kilsby will be retiring.
“The Board would like to thank Richard for the outstanding leadership shown during his nine-year tenure, during which the Company has faced and successfully overcome significant challenges in an even-changing environment,” Mattingley said in a statement. “On behalf of the entire 888 team, I would like to take this opportunity to thank Richard for his significant contribution to 888’s development and achievements.”
Amos Pickel, who serves as the chairman of 888’s Nominations Committee, expressed excitement over Mattingley’s move to a new position.
“We are very excited at this move, which will allow the Company to continue to take advantages of Brian’s wealth of experience, wisdom and knowledge of the Company, particularly in maintaining and developing relationships with existing and future regulators,” Pickel said.