Bwin.party Digital Entertainment Plc, the giant online gambling company, has recently issued a press release stating that it is going to partner with United Auburn Indian Community (UAIC), an Indian tribe based in California, in a bid to grab a share of the online poker market in California as soon as the state legalizes and regulates its online poker industry.
Bwin.party, which is based in the UK, had also applied for a license to operate in Nevada. Since it had already partnered with MGM Resorts, a Nevada license would enable it to provide the gaming software for online poker rooms operated by MGM Resorts.
Bwin.party’s partnership deal with UAIC will be valid for 10 years. Since UAIC is federally approved and runs the land-based Thunder Valley Casino Resort near Sacramento, California, it is qualified as per law to apply for a license to operate an online poker business in California and Bwin.party will provide the required gaming technology and expertise.
Speaking about the suitability of California for an online poker business, Bwin.party CEOs Jim Ryan and Norbert Teufelberger said that California has a large online poker community. The combined resources and assets of Bwin.party and UAIC will help both companies to grab the opportunities that will be created as soon as online poker is legalized and regulated in California, they said.
Satisfied about the partnership, David Keyser, the chairman for UAIC, said that UAIC chose to partner with Bwin.party because of its valuable experience in the online poker industry, large base of loyal players, and topnotch technology.
Although US online poker is yet to be legalized at the federal level, Keyser feels that it is just a matter of time before this happens. Meanwhile, the Department of Justice’s statement of December 2011 has opened a flood of opportunities for online poker at the state level.