Sportingbet Enters Partnership With Foxwoods Resort Casino
Sportingbet is now in advanced discussions with land-based operator Foxwoods Resort Casino about providing it with an online platform for intrastate poker and casino games over the coming months, such as in Connecticut, as part of a joint venture, according to a report in This Is London.
As Gambling911.com reported on Tuesday, Sportingbet has made a final payment of $6 million to the U.S. Justice Department, as per a settlement reached in 2010 over alleged illegal Internet gambling, and said that it was exploring opportunities to re-enter the market.
Andrew McIver, chief executive, said: “This final payment formally closes any risk which the company may have faced from its former activities in the US.
“Given that the US market continues to show signs of regulating both by product, and by state in the near future, various opportunities exist to re-enter the US market and we are reviewing these.” While the US is unlikely to legalise gambling at a federal level, individual states, such as Nevada with its gambling mecca of Las Vegas, are making progress towards offering online gambling.
- Chris Costigan, Gambling911.com Publisher
