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Posted 3/10/11 : No problem with commercial relationship with 888 group
It's taken some time, but the business relationship between Las Vegas-based Caesar's Entertainment and Gibraltar's online gambling group  has been given the blessing of a three member panel at the Nevada Control Board.
The Board emphasised that the approval was not a licence, but a recognition that an acceptable business relationship between the companies existed in terms of the Nevada Foreign Gaming Act. and the interactive division of Caesars are collaborating in 'no US players' internet gambling enterprises in Europe.
Caesars has commercial relationships with two subsidiaries of 888 Holdings, namely Fordart Limited and the more widely known Cassava Enterprises Limited, assisting Caesars in expanding into the UK market with both online gambling and its World Series of Poker brand.
There were fears that's pre-UIGEA activities in the US market might prejudice its partnership with the Montreal-based interactive division of Caesars, but these were assuaged this week by the Board's approval and a comment by panel member A.G. Burnett, who addressed this aspect by saying:
"It's a business to business agreement that would allow Caesars to offer games in the UK. The UIGEA is vague at best and was done in haste and its passage forced [888] to abandon the US market to its detriment."
The Board heard substantial evidence regarding’s immediate withdrawal from the US market following the imposition of the UIGEA in 2006.
Caesars Interactive chief exec Mitch Garber said he regarded the development as a key step forward in the eventual legalisation of internet gambling in the United States.
“It was an historic moment,” Garber said. “It confirms that Internet gaming is a reality. It should allow us to look more and more at a federally regulated environment in the United States.”
If approved by the Nevada Gaming Commission when it meets March 24, the partnership will be the first foreign online gambling business relationship accepted for a Nevada licensee, although in 2007 approval was given for MGM to partner with Pansy Ho and her company in a Macau land venture.

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Gambling News :

UKs Advertising Standards Authority vs Ladbrokes - A Ladbrokes Casino email promo has fallen foul of the UKs Advertising Standards Authority who deemed significant terms and conditions concerning bonusing to be unclear or misleading.

Mybet Earnings Struggle - The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".

Tom Horn Awarded Malta Gaming License - Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.

Calvin Ayre invests in new Antigua Business Center - Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.

Attack of the Zombies Slot - Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.

Why is FullFlush Poker Still Down - Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.

Time Running Our For Pennsylvanian online gambling - Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

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