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Judge to decide On Pokerstars Case Today
Friday May 17,2013 : BIG DAY FOR POKERSTARS IN ATLANTIC CLUB CASE (Update)
Judge to decide on sales injunction
Friday May 17 is a key date in the attempt by Pokerstars parent The Rational Group to acquire Atlantic City land casino Atlantic Club, with the Isle of Man company's request for a restriction on the sale of the casino to anyone else under challenge in a New Jersey court by casino owners Colony Capital - Resorts International Holdings.
Colony Capital has argued against the injunction, obtained by Rational after the casino owner walked away from the sale with over $11 million of Pokerstars' money in its wallet, claiming the deal had run out of time .
Since then Rational-Pokerstars has submitted its argument defending the injunction and debunking the Colony-RIH submissions that it was not fully aware of the allegedly poor reputation of Rational and its management; the expiry date problem and that it should be allowed to sell the struggling casino to anyone else if it chooses.
The poker information site Diamond Flush Poker.com carries a detailed breakdown of the latest Rational arguments giving the lie to Colony's claims, and this useful summary can be viewed here:
In its argument that the injunction should remain in force, Rational accuses Colony of now admitting that it has an intention to sell off the casino to someone else, implying that insisting on the validity of the expiry date and attacking Rational's reputation are ploys to kill the Rational deal in order to secure a better offer from another purchaser.
Today Atlantic County Judge Raymond Batten will consider the submissions of both companies.
Gambling News :
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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.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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