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Pokerstars abandons Club Atlantic City deal

by isleofman.com 5th August 2013

Manx-based PokerStars says it’s giving up attempts to buy a casino in New Jersey after problems with the deal.

It wanted to buy the Atlantic Club in Atlantic City but has since signed a deal with the Resorts Casino Hotel.

After losing two court rulings, Pokerstars parent company the Rational Group has dropped its application for a casino license to acquire the Atlantic Club – the firm lost $11 million in the aborted deal.

The world’s largest poker site has now applied for a casino service industry license with the New Jersey Division of Gaming Enforcement to team up with its new partner.
Posted by isleofman.com
Monday 5th, August 2013 08:19pm.
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