California may not offer online poker gaming just yet, but that has not stopped companies and gaming operators from creating partnerships in participation of legislation approval. We all know that PokerStars has partnered with several tribes and card rooms in the hopes of offering online poker gaming in the future and now we have learned that the Churchill Downs, of Louisville, have gained a partner in California as well.
For some time now, Churchill has been trying to gain entry into the online gaming market in the United States, whether it be via federal or individual state means. The Interactive Gaming Division of Churchill Downs created a team which has been working to develop a platform for online gambling.
It was first announced in May that Churchill Downs was preparing a deal with a card room operator in California. Now the company has commented on the deal for the very first time. A filing at the Securities and Exchange Commission was connected to the company’s most recent results over a 3 month time frame, providing information on the partnership.
Churchill Downs has made a deal with the Los Angeleas based Crystal Casino & Hotel as well as the Ocean’s 11 venue. Both are owned by Haig Kelegian Sr. In the agreement, the partnership is good for a ten year time frame, which begins once the first wager is placed.
Churchill will jointly provide a gaming platform with the operator of the card room as well as operate and provide marketing for the online gaming site. This site and include poker as well as additional real money gaming. For now the Louisville Company must wait until legislation is passed to begin offering online gaming in the state of California.
Bills have been introduced into the state but none have seen significant movement due to card rooms, Indian tribes and race tracks not being to come to a consensus of how online gaming should take place.
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