"We own the World Series of Poker, which is the dominate poker franchise and playing poker at home on-line is a completely different experience then coming to one of ours full service resort facilities," Loveman said.
"We're advocates of this being legalized on a federal level because the state by state process is quite a cumbersome one ... in poker you need liquidity," Loveman explained. "You need a lot of players who want to play a game at a certain level, at a certain time and the best way to do that is to have a federal mandate."
Caesars' has $21.8 billion of debt and will deliver two ways, according to Loveman: Grow earnings so leverage ratios go down over a period of time and introduce more liquidity into the business.
"If Internet poker were to be made available to Americans that would be I think a very appealing event for our company," he explained.