All American Poker Network is the first subsidiary of 888 Holdings and will be the first USA based online poker website to operate in Nevada through 888 license.
888 Holdings and Avenue Capital Group joined forces and in addition to the 888 own portfolio of websites, Las Vegas land based casino Treasure Island will be the first to operate real money poker in the joint venture.
"This is the perfect deal for 888, providing the ideal platform through which to launch our business-to-customer brands into the US market, once regulated. The move completed our online strategy". said Brian Mattingley.
"The agreement sees a leading US financial institution backing one of the largest gaming platform operators in the world, joining forces to tackle a potentially huge market."