PokerStars Partners with Wynn Resorts to Legalize Online Poker in the US
PokerStars has gotten into a strategic alliance with Wynn Resorts, a move that might very well alter the future of US online gambling. The two partners hope to urge the US federal government to legalize and regulate the online poker industry and give them an opportunity to cater to the online poker gaming requirements of American online gamblers.
In an official press release, the two companies have stated that they will first focus on securing the passage of a federal law that will clearly define illegal online gambling, provide all the tools required to enforce the law and abolish illegal online gambling, protect gamblers by establishing regulatory bodies and enable experienced operators to safely operate online poker rooms, and facilitate the proper taxing of online gambling activity.
PokerStars is home to the world’s largest online poker community, offering a poker school, home games, a VIP club, lucrative promotions, poker tournaments, a first depositors’ bonus of $600, safe and secure deposit options, quick payouts, sophisticated award-winning software, and 24/7 customer support system. Besides, PokerStars is the world’s largest producer of poker champions and has an excellent poker pro team. Wynn Resorts, based in Nevada, is a publicly traded gaming enterprise that owns, develops, and operates a number of high-profile casinos and hotels. An alliance between the two will definitely have an impact on online gaming legislation in America.
The duo might have to wait for months or even years for the US to legalize its online gaming industry. Once online gambling becomes a legalized and regulated activity in the US, the relationship between the two will undergo a change. The two will then launch an online gaming site called PokerStarsWynn.com enabling the poker-loving populace of the US to experience the joys of online poker.
All this might surprise poker players because Wynn Resorts has gone out of its way to oppose the legalization of online gaming. The corporation had feared that online gambling will sound the death knell of land-based casinos. Ultimately, Wynn Resorts along with a number of other land-based casinos realized that they can never eradicate online gambling, which a flourishing industry, and decided that the best way to deal with it was to convert a threat into an opportunity by establishing online casinos of their own. The first step to doing this was to convince Uncle Sam of the importance of legalizing and regulating the online gambling industry.
The alliance would benefit both the companies greatly if the US federal government regulates and legalizes online gambling. Wynn Resorts will get a partner, which has the required expertise, software, and infrastructure to manage a large online poker site. PokerStars could use Wynn Resorts as a shield from any obstacles that a legalized online gaming industry would put in their way. These obstacles could be either in the form of statutes that require online poker rooms to be run from the US or in the form of strict laws against online poker rooms that continue to accept US players in spite of UIGEA 2006.
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