Saturday June 1, 2013 : BWIN.PARTY LAWYERS SAYS NEVADA ONLINE POKER APPLICATION STILL IN PROGRESS (Update)
Major European online gambling group is hoping for Nevada and New Jersey licensing
Media reports quoting Bwin-Party Digital Entertainment CEO Norbert Teufelberger as intimating that the company was concentrating on New Jersey online gambling licensing were qualified this week by the company's US legal representative, Frank Schreck, who revealed that a Nevada application was still in progress.
The Las Vegas Review-Journal quotes Schrek as saying: “New Jersey is the focus because there is a definite time table. The company is still moving forward in Nevada.”
Despite applying almost a year ago for a Nevada online poker licence, Bwin.Party is still awaiting a decision.
Last year Bwin.Party inked online poker partnership agreements with MGM Resorts International and Boyd Gaming Corp. The split is 65 percent Bwin, 25 percent MGM and Boyd 10 percent.
Boyd Gaming chief executive Keith Smith is on record as saying that his company intends to be among the first to launch online gambling in New Jersey, and also has ambitions in Nevada.
MGM and Boyd have achieved Nevada online poker licensing status and now await Bwin.Party. The three companies have repeatedly said that they are committed to the partnership.
So far, only Fertitta Interactive – Ultimate Gaming's online poker site – Ultimate Poker.com – has launched in the Nevada market and appears to be doing well