LAS VEGAS (AP) -- Casino operators MGM Resorts International and
Boyd Gaming Corp. are teaming with a European online poker operator to prepare to offer Internet gambling in the United States if it's
ever explicitly legalized.
The casino companies and Gibraltar-based bwin.party digital
entertainment plc said Monday that if U.S. law changes -- as many in
the industry hope -- the companies would each take a stake in a new
entity that would run online gambling under Party Poker and other
Bwin.party co-CEO Jim Ryan tells The Associated Press the deal will help the companies build up a large enough pool of players to keep the games flowing and make the business worthwhile.
MGM Resorts CEO Jim Murren says the deal hinges on legalization,
which the companies are pushing for.
(Copyright 2011 by The Associated Press. All Rights Reserved.)