Its CEO stated that the prospects were "relatively good"

Harrah's optimistic for online poker

(US).- In US, the Chairman and Chief Executive Officer for Harrah’;s Entertainment Gary Loveman has revealed that odds on the legalization of online poker have improved following last week’s national elections.
2008-11-18
Reading time 33 seg

According to a piece in the Las Vegas Review Journal newspaper, Gary Loveman stated that the prospects were ‘relatively good’ although the outlook on the legalization of other casino games and sportsbetting over the Internet looked poor.

He stated that the possibility of legalizing Internet poker had improved because none of the new Congressional committee leaders were ’violently opposed to this process’. In addition, he admitted that Harrah’s had a strong interest in making online poker legal because the company owns the World Series of Poker brand. “This is something we’re going to be working hard at and we think the world got easier on this one,” said Loveman.

His comments came as the US Treasury Department works to finalize regulations under the auspices of 2006’s Unlawful Internet Gambling Enforcement Act (UIGEA) that would ban online gambling in the United States.

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