Last week the Nevada Gaming Commission issued an interactive gaming license to the world’s largest online gambling company, UK based 888 Holdings. The well known Las Vegas Casino Treasure Island was also issued a license. The Treasure Island Casino and 888 Holdings announced a partnership back in February.
The vote was 5-0 in favor of issuing the two licenses. The plan is to offer online poker in Nevada and maybe interstate online poker in the future. 888 Holdings has already partnered with Caesars Entertainment and the two are planning to launch a World Series of Poker branded online poker room.
888 is the largest gambling website in the world and the 5th largest poker room in regards to cash game traffic. They are a natural partner for Las Vegas based casinos, as they have been in the online gambling business since 1997 and online poker since 2002. They are also one of the most stable companies in the industry, which is traded on the London Stock Exchange.
888 Holdings receiving a Nevada online gaming license is a sure sign that online poker is close to being a reality in Nevada and hopefully more of the United States as well.