Boyd Interactive, which was granted a license by the Nevada Gaming Commission last month to operate real money online poker, has picked Bwin.Party Digial Entertainment for its software platform to use when the site is launched.
Boyd is not the only group which has shown interest in Bwin’s quality online poker software, whom are licking their chops as they become richer by licensing their software. Bwin has already established ties with MGM Resorts International, which also obtained a Nevada gaming license recently, where the two agreed to partner together to develop products for MGM’s online gambling platform for State legalized poker.
Boyd Interactive made it clear from the start that it did not want to purchase an online gambling company in order to further its own product, nor did it want to develop its own in-house technology. After examining the portfolios of 18 different organizations, Boyd found that the best match for its needs and product line came from Bwin.Party. Boyd believes that an online poker product could generate up to $180 million for the company on an annual basis.
One of the hurdles facing this new partnership is the fact that Bwin.Party has not yet received its own license from Nevada’s authorities, which is essential if the online poker platform is to be developed. While the company has put in an application, it has still not received a date for the public hearing. The recent arrest of one of Bwin’s co-CEOs by authorities in Belgium, where the group is blacklisted, led to worries that it may affect Bwin’s chances of receiving approval by Nevada, however it is generally believed that the group will be successful in its application process at the end of the day.