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Pokerstars Investing Big Money In AC Casino

Monday February 4,2013 : POKERSTARS SET TO PUT BIG MONEY INTO ATLANTIC CITY CASINO
 
Atlantic Club COO talks about possible improvements
 
With its proposed acquisition of the Atlantic Club land casino still progressing through the New Jersey regulatory system, Pokerstars parent Rational Group has big plans for improvements, it would appear.
 
Philly.com quotes Atlantic Club chief operating officer Michael Frawley, who along with a colleague first came up with the idea of an online - land convergence through a deal with Rational Group in the last quarter of 2012.
 
Frawley revealed that the agreement with Rational will see significant investment in the struggling Atlantic City casino, revamping the operation, saving some 1,729 jobs and possibly creating 500 new posts.
 
That's of course assuming that the New Jersey authorities approve the acquisition, and Governor Chris Christie revitalises AC by signing into law the online gambling legalisation bill his Legislature recently passed.
 
Those 500 extra jobs could flow from Rational's plans to set up a 10,000 square foot data centre and a substantial Support Centre for players in neighbouring New Jersey City.
 
Rational Group's PR chief, Eric Hollreiser, told Philly.com: “The future of gaming is to be able to provide a mix of online and offline gaming, and our interest in Atlantic City is being able to offer that mix. The deal is based upon the vision.”
 
Hollreiser went on to hint that if the current status quo in New Jersey prevails - in other words if the governor fails to facilitate the introduction of online gambling through AC casino operators - the investment Rational is prepared to make could be somewhat smaller than that it envisages if the legal environment is changed and "...we can fulfil the vision of online and off-line; clearly, the investment grows with it.”



Gambling News :

Oink Country Love Slot Launches - Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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