An interesting tidbit from Bloomberg indicates that the lucrative potential of online gambling is making for strange bedfellows.
According to the report in question, Wynn will use real estate belonging to Caesars to operate its online poker platform.
Soon, Wynn will host its online gambling servers at an “undisclosed” location. The location, however, will be on the property of Caesars in Atlantic City.
Wynn, which doesn’t own a casino in the state, will use computers at a Caesars hotel in Atlantic City, said the person, who sought anonymity because the arrangement hasn’t been announced. The person didn’t provide other terms.
Both companies, however, are presently working with 888 Holdings Plc, a giant among Europe’s online gambling operators.
“As the online business rolls out on a state-by-state basis, everyone will need to partner with someone,” Itai Frieberger, chief operating officer of 888 Holdings, tells Bloomberg. “You’ll find very strong partnerships in some cases with competitors in order to get a license.”