PartyGaming, owner of what was once the world’s largest online poker room, Party Poker, may be looking to sell its operations.
According to the Financial Times, Mitch Garber, CEO of PartyGaming, is showing his Vegas, saying that the company "would like to hear from the major [casinos] in Las Vegas."
He also refused to comment if he’s already in talks with any major Vegas property at this time.
And really, why wouldn’t a MGM/Mirage or Harrah’s corporation be interest? As a financial analyst noted:
”Online gaming is currently prohibited in the US. However PartyGaming is listed in the UK where EU legislation allows online gaming. It gives the casinos direct online access to the UK market.”
* Thanks to reader Seth for the tip.