ex-PartyGaming exec to head new Harrah's Internet and WSOP division
12 April 2009
Harrah’s Entertainment has announced that Mitch Garber, the ex-CEO of PartyGaming, will be the head of their new subsidiary company which will be in charge of both their Internet and World Series of Poker (WSOP) divisions.
MGM Mirage was actually the first U.S. based company to open up an online casino, powered by WagerWorks software, back in 2001, but unfortunately due to the legal aspects, the casino was scrapped in 2003. With casino revenues dwindling, I seriously doubt that Harrah’s would go down this road if in fact they didn’t think that the UIGEA would be repealed, and soon. They’re too smart just to be throwing money away in this day and age, with the economy in the shape it’s in.
This story is still somewhat new, and with it being Easter Sunday, there aren’t too many detailed articles out yet. I’ll be sure to post updates with greater details as they become available.
11 August 2009Mitch Garber Interview
Mitch Garber was CEO of Party-Gaming, the largest listed online gaming company in the world. He left in 2008, not because he had not been successful but because of the passing of the UIGEA bill at the end of 2006. And being that Party-Gaming was the most high profile and was hugely dependent on the US! When the UIGEA law passed Party-Gaming spent the weekend on the phone with lawyers on both sides trying to decide what to do next. The following Monday they decided to pull out of the US.Read full article