No pooling of liquidity between WSOP and Wynn
WSOP site won't share liquidity with Wynn on 888's All American Poker Network
Caesars Interactive Entertainment’s (CIE) US-facing poker product WSOP.com will not share liquidity with any of 888’s other US partners despite the operators continuing to work together in Nevada and New Jersey.
888, whose poker software powers the recently-launched WSOP.com in Nevada, yesterday announced another big brand, Wynn Resorts, had signed up to as part of its All American Poker Network (AAPN). Members of the AAPN will launch under their own brands in the states where they are licensed but pool poker liquidity.
However, 888 has confirmed its deal with CIE will stand separate and therefore be in direct competition with 888’s own poker product, which is due to be launched in Nevada and New Jersey before the end of the year, and in turn the AAPN.
CIE launched its WSOP.com real money site in Nevada using the 888 software and is expected to launch with 888 in New Jersey, however Caesars is also working with French poker operator Barriere to develop its own proprietary software.
The AAPN was formed earlier this year when 888 entered into a joint venture agreement with investment firm Avenue Capital Group to offer a US-facing B2C gaming offering.
In its H1 results at the end of August, 888 said it expected its New Jersey liquidity sharing network to comprise of 888Poker along with two others, of which Wynn is one.
The online arm of casino group Wynn Resorts filed for an egaming licence in New Jersey last month.