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PartyGaming Positioning for a Return to the U.S. Market

By Ian Hiaring, Rakeback.com Poker News Staff Writer

Party Poker USA LogoThe wheels of the almighty United States Federal government machine are turning, albeit at a snail’s pace, and a regulated online poker environment in the United States seems to be inevitable at some point in the distant future.

It looks like PartyGaming, parent company of Party Poker, is taking proactive steps towards once again becoming a major player in the U.S. market once the dust settles.  U.K. newspaper, the Daily Mail, is reporting that PartyGaming has inked a deal with one or more major U.S. land based casinos to provide an online poker presence once the U.S. government has everything sorted out from a regulatory standpoint.

MGM, Las Vegas Sands, Caesars, and Boyd Gaming are mentioned as potential partners, but nothing has officially been announced as of yet.

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PartyGaming’s publicly traded stock hit a two year low on Tuesday due to the cloudy future of online gaming in the U.S.

PartyGaming’s impending merger with bwin will create the world’s largest publicly traded online gaming provider.  This fact along with PartyGaming’s 2009 settlement with the United States government, in which it agreed to pay a $105 million penalty over four years, makes it clear that Party is getting all of its ducks in a row in preparation for re-entry into the lucrative U.S. market.

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