888 Holdings creates joint venture for U.S. business

03/11/2013 | Reuters

888 Holdings has formed a joint venture with Avenue Capital Group as it prepares to launch its business in the U.S. The All American Poker Network will introduce the online betting firm's brands once it is licensed and state or federal regulations are finalized. "Working with a substantial financial partner provides the firepower that we need to take advantage of the significant opportunities that will be provided by a regulated U.S. gaming market," 888 CEO Brian Mattingley said.

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