Agreement Made on World Series Online Poker with Harrah’s and 888
11 September 2009
What do land based Harrah’s Entertainment, Inc, and online gambling giant 888 Holdings plc, have in common? Harrah’s, owner of the World Series of Poker, and 888 Holdings firm Dragonfish, have signed an agreement to apparently create an online world for the World Series of Poker and Caesars Casino. Dragonfish specializes in creating online gaming platforms.
Mitch Garber, Harrah’s new CEO of Interactive Entertainment, states that the intention is to “offer online gaming in the U.K. and… elsewhere in Europe where it is legal and government licensed”.
888 have been rumored lately to have been in talks with the United States Attorney’s Office for the Southern District of New York. The company has admitted to being in talks toward reaching large cash settlement. Sound familiar? PartyGaming, Mitch Garber’s old company, reached an agreement to pay $105 million in return for protection from any legal actions. And PartyGaming and 888 Holdings are both advised in these deals by the Freshfields law firm.
Sounds like the World Series of Poker may soon really be a “world” series.