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ATLANTIC CLUB CASINO WARNS ON STAFF LAY-OFFS
Wednesday January 30,2013 : ATLANTIC CLUB CASINO WARNS ON STAFF LAY-OFFS
Could the Pokerstars acquisition make a difference to New Jersey legalization law?
Industry observers speculated Tuesday on whether the proposed acquisition of the Atlantic Club land casino in New Jersey by Pokerstars would stave off extensive staff lay-offs that might lay ahead.
The speculation was triggered by a warning Monday to staff at Atlantic Club that 1,729 jobs could be lost by the end of March. The warning was a state labour regulatory requirement associated with the proposed acquisition by Pokerstars parent company Rational Group, said Michael Frawley, Atlantic Club’s chief operating officer.
“While there is no anticipation of layoffs or cessation of operations, as our company moves through this transaction process, the issuance of notices under WARN and N.J. WARN is a necessary legal requirement," Frawley explained.
The acquisition is currently pending the grant of an Interim Casino Authorization by the relevant New Jersey authorities, according to Eric Hollreiser, Rational Group's head of corporate communication.
Inevitably, there have been reports linking the Atlantic Club sale to the pending matter of New Jersey's online gambling legalisation law, currently awaiting Governor Chris Christie's signature or veto .
There has been some speculation that the sale of Atlantic Club may be contingent on the passage of the new New Jersey legislation, placing more pressure to sign on the governor. These reports have, however, not been confirmed or substantiated.
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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