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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.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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