Saturday, July 12, 2014





PokerStars parent firm wants to buy NJ casino


February 20. 2013 2:16AM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) An Internet gambling company wants to buy Atlantic City, N.J.'s Atlantic Club casino and says it's ready to pump money into it to help prop up the seaside gambling resort.


Rational Group US Holdings is the parent company of PokerStars and Full Tilt Poker. It's asking New Jersey casino regulators for permission to buy the Atlantic Club for an undisclosed amount.


The proposed deal will be scrutinized closely.


New Jersey lawmakers have passed a bill that would authorize Internet gambling, but Republican Gov. Chris Christie hasn't acted on it.


Last year, PokerStars paid $547 million to settle money laundering charges from a U.S. government crackdown on illegal Internet gambling. It admitted no wrongdoing and is allowed to operate in states where online gambling is legal.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds