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Harrah's Prepares for the Future

As country after country regulates online casinos and legislators in the United States call for the domestic legalization of Internet gambling is appears beyond likely that a legal market for online casinos will soon return to the United States.  Harrah’s Entertainment, one of Las Vegas’ most influential casino operators is making preparations for the inevitable invasion of online casinos.

While brick and mortar casinos continues to enjoy fewer and few revenue gains, the online casinos industry not only remains profitable but its global market seems to get bigger and bigger almost everyday with countries on every continent passing legalization and regulation legislation.

Harrah’s Entertainment has shown how serious they take online casinos by hiring Mitch Garber, the former CEO of PartyGaming to head up the developmental division of the Harrah’s Entertainment online department.  In Garber, Harrah’s has access to one of the top minds in online casinos.  PartyGaming is without question one of the most successful businesses in the short history of online casinos.  PartyGaming once held an overwhelmingly dominant share of the online poker market.

It is not exactly clear what the Harrah’s Entertainment strategy will be with regards to online casinos, but there is a possibility that they are keeping their sites focused on online poker first.  CEO of Harrah’s Entertainment Gary Loveman is a firm believer that online poker will be regulated before full on online casinos.  This is a reasonable bet as several court cases in recent history have established poker as a game of skill.  In addition the World Series of Poker seems to be enjoying mounting popularity.

 

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