Twenty seven days in and Nevada’s first online poker site, Ultimate Poker is still going strong. But as the first legal online poker room to allow gambling in the state, great demands and all eyes are on you as to how well you can uphold to the pressures.
Ultimate Poker’s every move is under a watchful eye. Reports broke and headlines were made when the online poker room dealt its millionth hand. And now there are just a few days left days before Ultimate Poker’s 30-day trial ends and it will go before a review of the Gaming Control Board.
Caesars Interactive (World Series of Poker), partnering with 888 Holdings, is hoping to be second in the opening of Nevada’s next legal poker site. A Spokesman for Caesars Interactive, Seth Palansky spoke with Reuters confirming that they are preparing to go live with online sites in the United States as early as summertime this year.
On May 29th, the World Series of Poker will kick off and Caesars may use WSOP’s popularity and exposure to launch its online service, much like Ultimate Poker, will only be available to players in the state of Nevada.
Shares of Caesars Entertainment have been on an upward climb, jumping 122% to lead the gaming industry. The stock has easily surpassed its closes competitor MGM Resorts, and is outperforming Las Vegas Sands and Wynn Resorts both who have a lot of exposure to Macau.
It looks like Caesars is off to a good start and with Ultimate Poker leading the way by example, we can expect to see additional casino companies follow suite. As it stand as of right now MGM Resorts International has received their online gaming license since the state legislature adopted regulations in 2011.
Other casino companies licensed by the state for online gaming include, South Point, Golden Nugget Poker, partnering with Bally Technologies, Treasure Island, partnering with 888 Holdings, American Casinos and Entertainment Properties Interactive, Arizona Charlie’s, Sartini Synergy Online and Monarch Interactive.