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888 May Apply for Nevada Gambling License

888 Holdings Plc, a British internet gambling company, is considering applying for a gambling license in Nevada, possibly in combination with Caesars Entertainment Corp., according to Deputy Chairman Brian Mattingley.

Mattingley said the two companies are in the “advanced stages” of negotiations about a partnership. The comany’s shares rose 29% this quarter, a possible impetus for the desire to expand. 

888 is one of the many British and other international internet poker sites trying to secure marketshare in states like Nevada and California that are considering internet gambling legalization laws. 

Last month, the Nevada legislature passed a law that would legalize internet poker of the federal government legalizes it. 

“We would love to do it with them,” Mattingley said in a telephone interview, according to Bloomberg. He said 888 would decide whether to try for the Internet poker license by “mid-autumn.”

 

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Will Horowitz

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