By Ian Hiaring, Rakeback.com Poker News Staff Writer
Last week after a first-half results presentation, Jim Ryan, one of the CEO’s of the newly merged bwin.party brand, announced that the company would be targeting strategic partners for a planned entry into the U.S. market.
Ryan feels that his group’s brands, Party Poker, Poker Room, and Club WPT are positioned well for a successful entry into the U.S. market in a post Black Friday environment.
“The real impact of Black Friday is to draw a red line through sites we don’t believe will be able to have a chance to enter that market, the No 1 and 2 players and Ultimate Bet and Absolute poker. So where does that position us? Numbers 1, 3, 5, 6, 9,” Ryan stated.
Ryan also made it clear that bwin.party is not considering a move to acquire any of Full Tilt Poker’s assets.
eGaming Review learned from Ryan that bwin.party was in the process of finalizing agreements with potential partners at both the state and federal levels, and hinted at the fact their partner in New Jersey could also be their partner at the federal level.
Although legislation to regulate online gaming in the United States is months away from becoming law, Ryan noted that bwin.party is taking steps to be ready if and when it does finally happen.
“We will have to go through suitability review, assuming there is a federal bill, based on whatever legal construct they come up with. At a state and a federal level, we will have to go through suitability.” Ryan said.
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