Media release
MGM Resorts International has announced an online poker agreement with bwin.party digital entertainment that brings together one of the most highly respected land-based gaming operators in the US with the world’s largest publicly-traded online gaming company.
Although online poker is currently prohibited in the US, Congress is considering proposals that could legalise it within a framework of federal regulation. Should such legislation be enacted, bwin.party and MGM Resorts would offer, subject to regulatory approval, an online platform that employs leading technologies and processes to ensure the integrity of the game and the security of player accounts and information.
A technologically advanced and proven online poker platform would offer players a safe, secure and fair gaming environment. Such a platform would also address problem and underage gambling as well as protect against illegal activities such as money laundering.
bwin.party is a recognised global leader in online poker, principally through its PartyPoker brand, with a proven record of developing proprietary technologies that are of the highest standards. It also has a well-established reputation for developing and implementing best practices, particularly with respect to responsible gaming and game security and integrity.
MGM Resorts is among the largest publicly-held gaming companies in the US, with 15 properties located in Nevada, Mississippi, and Michigan, and 50 per cent investments in three other properties in Nevada and Illinois.
“MGM has long been supportive of Federal legislation to strengthen UIGEA and provide the needed regulations and consumer protections for online poker,” Jim Murren, Chairman and CEO of MGM Resorts International, said.
“MGM is proud to have bwin.party as our partner as they have the assets and experience that, combined with our brands, can ensure a secure, fair and entertaining online poker experience.”
The companies further noted that decades of operating successfully in strictly regulated environments have shown that effective regulation must be the cornerstone of the gaming industry as they position themselves for a possible move into legitimate online gaming.
“As leaders in the industry, we are confident in our ability to deliver a safe gaming experience of the highest regulatory integrity with brands consumers have grown to know and trust over many decades,” Jim Ryan, Co-CEO of bwin.party, said.
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