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Bwin.Party Cuts California Poker Deal

Online gambling giant bwin.party digital entertainment plc has made another solid step to solidify its place in the potential US online poker market after it signed a deal with the United Auburn Indian Community.

The deal would see bwin provide an online poker platform to the UAIC should online poker become legalized in America. The UAIC owns the Thunder Valley Casino Resort located near Sacramento.

Commenting on the deal bwin.party's Co-CEOs Jim Ryan and Norbert Teufelberger said: "California is the largest state in the U.S. in terms of population and is known to have a significant number of poker players who like to play poker online. Combining our own significant assets and resources with those of UAIC will create a strong partnership that is well-placed to seize the opportunities that will arise if appropriate online poker legislation is enacted in the Golden State ."

UAIC Tribal Chairman David Keyser also commented, saying: "We see the legalisation of Internet poker and other Internet gaming as being inevitable. Having met with representatives from a number of different online gaming companies, bwin.party was our first choice as partner. With its expertise in online poker, proven technology and player loyalty we are confident of being able to maximize the revenue opportunity from a regulated online poker market in California and to continue to enhance the long-term prosperity of our community."

California currently has a poker bill in its legislature titled "The Internet Gambling Consumer Protection and Public-Private Partnership Act of 2012 (SB 1463)". The bill would legalize and regulate online gambling in the Golden State. The bill would tax operator's gross gaming revenues at 10%.

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