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AGA confirms opposition to Pokerstars Atlantic City deal
Tuesday March 5, 2013 : A.G.A. IN PROTECTIVE MODE OVER ATLANTIC CLUB ACQUISITION BY POKERSTARS (Update)
Land casino trade association confirms opposition to Atlantic City land casino deal
The American Gaming Association, which counts most of the major Las Vegas land casino operators among its members, has made an unprecedented move in filing its opposition to the proposed acquisition of Atlantic City casino Atlantic Club by Rational Group, the parent company of online poker giant Pokerstars.
The Association has never before sought to influence a licensing procedure, and cited prior legal issues involving Pokerstars in the US market, many settled in a multi-million dollar agreement with the Department of Justice last year .
AGA spokesperson, Holly Wetzel, confirmed the Association's opposition, saying that it had filed a petition with the New Jersey Division of Gaming Enforcement and Casino Control Commission.
Rational Group communications chief Eric Hollreiser immediately fired back, saying: “These are matters for expert regulators to determine, not self-interested partisans picking a public fight. We will continue to work positively with regulators in New Jersey and elsewhere whenever they review our qualifications.”
The AGA petition received wide coverage in the American media late Monday, with a number of commentators opining that the AGA move was either an attempt to shield its members from competition in the land gambling sector, or was motivated by fears of competition in the legalised online gambling sector, where momentum has been growing this year in Nevada, Delaware and New Jersey.
Hollreiser pointed out that his company holds licenses in France, Germany and other countries and was allowed to purchase the assets of its largest competitor - Full Tilt Poker - in a settlement with the U.S. Department of Justice last year.
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The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
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The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
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PKR Company Statement Update -
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Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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