Caesars Interactive Entertainment continues with its plans to revolutionize the world of online poker.
When the executive director of the Caesars-owned World Series of Poker brand, Ty Steward said in a recent interview that their mission was to revolutionize the online poker industry, nobody doubted him. After all, as Steward pointed out, the WSOP brand is an iconic one in the world of poker, and, combined with the expertise of the man at the top of Caesars Interactive Entertainment and former CEO of Party Poker, Mitch Garber, there is no question that an online platform created by Caesars will be an instant success.
These plans are now becoming more of a reality with the news this week at Caesars was granted an online poker license in Nevada. Caesars has announced that its new intrastate, real-money online poker venture will launch next year, as soon as its partner, 888 Holdings is granted its own license by Nevada regulators.
Caesars Thanks Nevada Gambling Commission for Getting Licensed
After the news that it had been granted a license by Nevada, the VP of Corporate Communications for Caesars, Seth Palansky issued a statement, thanking the Commission for all its hard work during the licensing process.
Palansky said that it was clear that a thorough investigation had gone into the process before a license was issued, and he promised the state that Caesars would do all it can to ensure that Nevada remains the best regulated market for online gambling and poker.
Over the past couple of years, Caesars has been moving purposely in the direction of online gambling, beginning with the deal it struck with 888 in March of last year. In February 2012, the group entered the French online poker market, and in October this year, Caesars signed a deal with the London based Optimal Payments which will see the latter care for all of Caesars’ online payment requirements, including fraud management. 2012 culminated with a green light by the Nevada Gaming Control Board to move ahead in creating an online poker platform within the state.