US Insight
Key Takeaways
  • As industry pundits were speculating on how the US online poker market would be impacted by 888’s acquisition of partypoker, GVC was crunching numbers, and early this week it made a more lucrative bid for bwin.party.
  • A judge ruled last week that lawsuits filed against Caesars Entertainment Operating Company seeking more than $11 billion in damages will be allowed to continue.
  • The Seminole Tribe of Florida intends to continue offering blackjack and other card games at its casinos even though the agreement allowing them to do so expires at the end of the week.
  • Revenue generated in Nevada’s land-based poker rooms reached $15,840,000 in June.

Antigua

Charles Fernandez, Antigua’s Minister of International Trade and Foreign Affairs, is scheduled to meet with US trade representatives next week in an attempt to try to resolve its 12 year dispute over online gaming.

The World Trade Organization sided with Antigua, but thus far the Caribbean country has been unable to encourage the US to settle on compensation. Fernandez is reportedly going to offer a $100 million single payment resolution to the dispute at the upcoming meeting.