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silver oak online casino instant playThe two gambling giants will split ownership of the venture 50/50, each contributing 0 million.Ivor Jones, an analyst at Peel Hunt, noted that, beyond its initial outlay of 0 million, GVC will not be required to spend big on a range of different market-entry strategies, as will many of its competitors.(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.kansas city star casino mulvane“If the joint venture works, then it will de-risk access to the US sports-betting market for both parties.GVC has an existing commercial relationship with MGM in New Jersey, where it supriverwind casino fireworksplies technology for the Borgata’s online poker and casino operations, though PartyPoker — and the Party brand will also play a significant role in the deal.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.casino extreme free chip 2021

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