Wynn Applies for Nevada Online Poker License
Joins Caesars, MGM in Gearing Up for Real-Money Web Gaming
Wynn Resorts Ltd. (NASDAQ: WYNN), one of Nevada’s largest casino companies, has submitted an application to operate online poker in the Silver State, according to the Nevada Gaming Control Board. Wynn is one of the latest to apply as the state inches closer to the first industry of its kind in U.S. gaming history.
Wynn expressed interest in online poker more than a year ago when it agreed to a partnership with PokerStars. The deal dissolved after the poker site fell into hot water with the federal government.
Wynn is now in talks with Zynga, Inc., Facebook, Inc.’s social gaming powerhouse, Forbes reported in late April of this year. Zynga has not applied for a license in Nevada.
Caesars Entertainment Corp. and MGM Resorts International, other Nevada brick-and-mortar giants, have had their respective paperwork in for months. Both companies already have partnerships with established poker sites that will be licensed to offer technology to casinos.
Joining Wynn in the most recent batch of applications from companies seeking to be involved with web poker include LV Gaming Ventures, LLC (M Resort), Z4 Poker, LLC (David and Eric Colvin), SG Gaming, Inc., WHG Ltd. (Playtech), Global Cash Access and Wyle Laboratories.
The list is now at more than 30 entities.
Just last week, the Gaming Control Board broke ground by approving Internet gaming applications for Bally Technologies, Inc. and International Game Technology. The companies head to the Gaming Commission later this month for final approval.
Follow Brian Pempus on Twitter — @brianpempus
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