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About bwin.party
License
BP Gaming Entertainment, the U.S.-based entity that represents online gaming operator bwin.party, does not yet have any online gaming licenses within the United States. The company has, however, filed for a license in Nevada.
Company
BP Gaming's parent company, bwin.party, is the result of a merger between Austria-based sportsbook bwin and UK-based online poker site Party Gaming on March 31, 2011, which made it the world's largest publicly traded online gaming company. PartyPoker was once the No. 1 most-trafficked online poker site in the world, but its numbers understandably plummeted when it voluntarily shut its virtual doors to U.S. players following the passage of the Unlawful Internet Gambling Enforcement Act in 2006. However, the fact that they left the U.S. market, combined with a $105 million settlement they made with the U.S. government as part of a "non-prosecution agreement" makes it likely that they can successfully obtain gaming licenses within the country.
It is suspected that when BP Gaming launches its solo online poker site, they will use the PartyPoker name again.
Interactive Gaming Partners
bwin.party has partnered with both MGM Resorts International and Boyd Entertainment on Oct. 31, 2011. The result was the eventual formation of BP Gaming Entertainment. MGM holds a 25% stake in that company, Boyd has 10%, and bwin.party owns the majority stake with the remaining 65%. The partnership will result in a network of poker clients skinned to reflect each company's various brands.
