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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 :

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

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