Billionaire Steve Wynn Makes Big Online Poker Bet With PokerStars
Liberty Monday, March 28th, 2011
By Nathan Vardi, Forbes.com
In a dramatic move that will forever change the online poker landscape, billionaire Steve Wynn has announced he is joining up with PokerStars, the world’s biggest online gaming company, to establish a strategic relationship that aims to regulate online poker in the U.S.
“We are convinced that the lack of regulation of Internet gaming within the US must change,” said Wynn, chief executive of Las Vegas casino company Wynn Resorts, in a statement. “We must recognize that this activity is occurring and that law enforcement does not have the tools to stop it.”
PokerStars and Wynn Resorts plan to work together to secure the passage of federal legislation that will regulate online poker in the U.S. with an eye toward setting up a joint venture, PokerStarsWynn.com, that will offer for-money online poker play in the U.S.
To read more, visit: http://blogs.forbes.com/nathanvardi/2011/03/25/billionaire-steve-wynn-makes-big-online-poker-bet-with-pokerstars/
Short URL: https://reteaparty.com/?p=532
