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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 :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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