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CAESARS CEO OPTIMISTIC ON ONLINE POKER LEGALISATION
Friday August 26,2011 : Providing that Congress gets into gear, legalisation could be possible this year
Gary Loveman, CEO of the Las Vegas-based gambling giant Caesars Entertainment, has again pushed the online poker agenda forward in a televised public interview.
Appearing on Fox Business News Wednesday, Loveman was asked about the potential for online poker being legalised in the United States, and offered a bullish opinion that, provided Congress can provide the necessary functionality to get legislation through, it could even be achieved this year.
Loveman said that there was significant potential in a business sense if his company was allowed to offer federally legal internet poker, for which there was clearly considerable demand in the United States.
Loveman has been a consistent and high profile supporter of (federally) legalised online poker in the United States.
Caesars is currently making headlines with its ambitious plans to expand its land gambling interests in Las Vegas, too, announcing a $550 million outdoor entertainment, shopping, and dining district near the Las Vegas Strip, with ground breaking set for September 2011.
The development, called The Linq, will be built behind the Imperial Palace and Flamingo hotels, with its equivalent of the London Eye and the Singapore Flyer - the Las Vegas High Roller - planned as the world's highest observation wheel.
Caesars will also completely refurbish, re-theme, and rename the Imperial Palace when the lease on the brand expires next year, and O'Sheas Casino will be demolished and incorporated into the new Imperial Palace.
The High Roller observation wheel is schduled to open in late 2013. It will have around 30 spherical cabins that each hold up to 40 passengers for the wheel's 30-minute revolution.
Other Linq plans include an open-air marketplace with 30 to 40 storefronts, about 70 percent of which will be restaurants and bars, targeted on the youthful market with the emphasis on entertainment.
Caesars has beaten another project to the punch with its Las Vegas High Roller wheel; Nevada investor Howard Bulloch announced in May this year that he planned to construct a 500-foot-tall Ferris wheel on the Strip's south end.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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