Is Harrah’s preparing for online gambling entry?
The TimesOnline website in the UK is reporting that HARRAH’s is preparing itself for an entry into online gambling.
(see story here : Casino Giant Virtual Wager )
Harrah’s, the Las Vegas gaming group that owns Caesars Palace is employing Mitch Garber, a former chief executive of Party Gaming, as the head of a new company formed to house its internet operations and the popular World Series of Poker.
The real world gaming giant is spinning these businesses out into a newly-created entity.
The move is likely to fuel speculation over the possibility of Harrah’s making acquisitions in the online-gaming sector. Many observers think it is simply a matter of time before online gambling is legalised in America.
Add comment April 12th, 2009