Churchill Downs Prepares For Legalised Online Gambling In California
By Casinomeister, Last updated Jul 31, 2015
Signs partnership deal with cardrooms
It appears that Churchill Downs is well advanced in getting its ducks in a row should Californian politicians ever approve the licensing and regulation of online poker.
The publication Courier-Journal reported Thursday that the Louisville-based racing company has been developing an online poker platform at its interactive division at corporate headquarters, and on Wednesday this week filed an SEC advisory that it has secured a ten-year partnership deal with the cardroom divisions of Crystal Casino & Hotel in Los Angeles and Ocean's 11 in Oceanside, both of which are owned by Haig Kelegian Sr.
The partnership calls for Churchill to provide the platform jointly with the cardrooms, operating and marketing a real-money online poker site once it is permitted by law.
However, it is by no means certain that legalisation will be achieved in the immediate future as a diversity of interested parties wrangle over who should be allowed into the market (see previous InfoPowa reports).
Online Casino News Courtesy of Infopowa
The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
bryan@casinomeister.com
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