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Stratosphere Casino Las Vegas

Operator of Stratosphere approved for iGaming; Signs deal with Bally

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With the ink hardly dry on the company’s new licensure as an approved Nevada interactive gaming operator, ACEP Interactive, LLC has signed a deal with Bally Technologies to use the Bally’s iGaming platform for the company’s properties. ACEP Interactive is the online gaming subsidiary of American Casino and Entertainment Properties, LLC, which operates four Southern Nevada land-based casinos: Stratosphere and the two Arizona Charlie’s locations in Vegas, and the Aquarias in Laughlin.

ACEP CEO Frank Riolo says in the press release “This partnership with Bally will allow us to establish a play-for-free poker site by the end of the year, which we plan to use to further enhance our brands and enable us to be poised to launch a real money poker site at such a time as permitted.”

The online poker market could heat up quickly between now and the end of the year, with South Point Casino already planning its real-money launch within the next month or so.

I find it interesting that all the actions so far have been about online poker, with little to no mention of other casino games. It certainly makes one wonder how this all ties in with the recent efforts by Harry Reid, senator from Nevada, to push through Federal online poker legislation. I still have to believe that the long-term plan is not limited to poker. Perhaps it’s all an effort to get the nose through the door first. Of course, the states aren’t waiting, as evidenced by all the Nevada news.

I feel that any rushed legislation at the Federal level now would be a disaster, and could cripple developments in the industry for several years. If our current Congress, the least productive in decades, were to somehow manage to pass an ill-advised bill, it would be a very frustrating exception to their embarrassing record of accomplishing almost nothing. In the case of iGaming law, I think gridlock is our friend at the moment.

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Author:

Kenneth R Smith is a blackjack tournament expert who has appeared on nearly every televised event in that field. He is excited to see the arrival of fully regulated, taxed, and trustworthy Internet gambling in the US.

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