Borgata deal seen as a potential driver for online poker movement

• The purchase by MGM Resorts (NYSE:MGM) of the Borgata could help to usher in the second wave of online gambling legalization, according to analysis from USPoker.com's Steve Ruddock.
• "If expansion occurs, multiple online gambling stakeholders will have national interests and realize a potential windfall from interstate agreements. This should make the barriers for interstate and even international agreements less daunting," writes Ruddock.
• Caesars Entertainment (NASDAQ:CZR) and 888 Holdings (OTCPK:EIHDF) top the list of pro-online poker players. Mohegan Sun and MGM Resorts with its interests in New Jersey, Michigan, and New Jersey are also likely to support more legalization.
• Previously: A deep dive into the Borgata deal (June 1)