PartyGaming looking at the American Market
Wednesday, February 16th, 2011PartyGaming is negotiating to band together with leading land-based casino companies, Boyd Gaming, Las Vegas Sands, MGM and Caesars in an effort to reintroduce itself to the American online gambling market.
Many international online companies were forced to retreat from competing in the American market with the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA) in 2006. PartyGaming was specifically targeted with a lawsuit in the State of Kentucky for providing its online games to players in that region.
Recent online gambling bills in states such as New Jersey will make it illegal for players to access gaming sites that are not based in Atlantic City. Efforts by American gaming associations to focus their energies on regulating and legalizing online gambling at the state level may force other states to adopt legislation similar to that of New Jersey.
In order to avoid violating federal gambling laws in the meantime, international companies may be forced to join forces with American land-based companies as the only way to legitimately re-enter the market.
Given that the U.S. online gambling market is cited as second only to the UK and estimated to be worth billions of dollars annually, this may be incentive enough for PartyGaming, the world’s major online gaming company, to join the club.



