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Weighing 888 for US Action

The Nevada Gaming Control Board is in a precarious position right now; the Board has now warned all Las Vegas land gambling companies holding a license to operate a land casino to avoid signing agreements and entering into contracts with offshore online casinos. Many Nevada gambling groups have begun to court negotiations from offshore gambling groups in anticipation that the US market will soon open up and allow wide-scale US internet gambling. These offshore online casinos are looking for surefire ways back into the US market and partnering with a major land gambling brand is a way to ensure that the company will obtain a license from the federal government if the new regulations ever take effect.

The Board though has issued out a warning to all of the Nevada licensed land gambling companies that their potential partners in any arena, and particularly the online casino gambling industry, must be approved by the board before paperwork and contracts are signed. Harrah’s is the only US company that already has a working relationship with an offshore gaming site and actually already offers online casinos to foreign markets. In light of the existing agreement the Board is investigating 888 to determine if the company is a suitable and reputable partner.

Despite the fact that 888 Holdings encountered issues with the US Department of Justice, the Board is likely to approve this current partnership – both because 888 is a strong and reputable European brand and also because it’s one of those nearly unenforceable situations should the board determine that Harrah’s online casino activity in Europe is inappropriate.