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nearest casino in virginiaIt’s now clear why.”In May, the US Supreme Court rejected PASPA, the federal law that had prohibited state-sanctioned sports betting since 1992, paving the way for states to legalize and regulate bookmaking operations.‘De-Risking’ the MarketWhile the biggest betting operators from the UK and Europe — names like William Hill, Paddy Power Betfair and Bet365 — have been busily forging deals as they seek to make inroads into the gradually emerging markets, Ladbrokes and GVC had been oddly quiet.Ladbrokes Coral’s new owner, GVC, and MGM Resorts have announced a 0 million venture that will unite the UK’s biggest retail betting operator with one of the world’s biggest casino groups in a joint bid to dominate the newly liberalized US sports betting market.(Image: MGM Resorts International)GVC and MGM said in a joint press release they will build “a world-class sports betting and online gaming platform” which would have “meaningful early mover advantages.Not Just Sports Betting“The new venture will have exclusive access to all US land-based and online sports betting, online real money and free-to-play casino gaming, major tournament and online poker, and other similar future interactive businesses — facilitating entry into multiple digital gaming verticals under the playMGM and partypoker headline brands,” the two companies said.hollywood casino no deposit bonus

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