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Pokerstars Files Permission To Buy US Casino

Wednesday January 16, 2013 : POKERSTARS FILES FOR PERMISSION TO BUY U.S. LAND CASINO (Update)
 
Parent company seeks regulator's permission to buy New Jersey's Atlantic Club...but no indication of the price.
 
A US subsidiary of Rational Group, the parent company behind Pokerstars and Full Tilt Poker, has applied to New Jersey gambling regulators for permission to buy the struggling Atlantic Club land casino in Atlantic City.
 
The application makes no mention of the consideration to be paid, although it expresses a willingness and capability to finance improvements should permission be granted, according to an Associated Press report.
 
If it is approved, the acquisition could give the internet gambling company a strong foothold in the United States at a time when individual states, and New Jersey in particular, are making moves towards the online gambling sector.
 
In New Jersey a bill that allows online gambling from Atlantic City casino-based servers has passed both Assembly and Senate and currently awaits Gov. Chris Christie's signature.
 
The Garden State has also staked out a position for itself in intrastate sports betting and is engaged in litigation against the major US sports leagues, which are defending the restrictive Professional and Amateur Sports Protection Act.
 
Pokerstars cleared its slate with the US Department of Justice in a $731 million settlement last year .
 
The company's deal with Atlantic Club owner Resorts International Holdings became public knowledge late last year, but details of the acquisition agreement have yet to be disclosed.



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NBA : Warriors Win the West; NBA Finals Next - The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.

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NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

NHL Predators First Ever Conference Finals Appearance - With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.

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