You’ve probably heard of Monster, also known as Monster Cable, and now, you’re about to hear a lot more about it for reasons totally unrelated to wires, headphones and the other tech it sells, because they’re about to make a big push into online gambling. In the United States. Good luck you say, since online gambling is illegal? Remember PokerStars? They do. But, there’s a catch.
In cooperation with Monster CEO Noel Lee and his new COO, Fred Khalilian, Digital Trends got an exclusive look behind of the scenes at their push to open a legal online gambling business by using what could be called an “exception” in American gambling laws: they teamed up with a Native American tribe, which are technically sovereign nations and are therefore allowed to operate gambling facilities under the landmark 1988 Indian Gaming Regulatory Act. But could that also be used to launch an online gambling site?
COO Khalilian, who has wrestled with and lost a couple bouts with the Federal Trade Commission in the past, says he and his team have done their due diligence and have navigated what he says are six national and international tiers of regulation, and are ready to launch PokerTribe.com, a legal domestic online gambling portal that could make Monster billions of dollars. Will it happen? We’ll see, but until then, check out this fascinating story:
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