Yesterday, this rumor was circulating everywhere on information on poker portals: PokerStars is about to redeem the Atlantic Club Casino Hotel in Atlantic City. It is at least that reported the iGaming Business site. This transaction would allow PokerStars to apply for licensed operator at New Jersey (if some laws are changed).
The only problem in this new is that PokerStars is considered in the United States as being a "bad actor" because, remember, it has continued to provide the online poker to the Americans after December 31, 2006 (date of the entry into force of the Unlawful Internet Gambling Enforcement Act), also known as the UIGEA.
To obtain a licence, PokerStars will first have to persuade the control board games of New Jersey of the merits of its intentions to make us forget that it was a "bad actor".
The transaction is valued at less than 50 M$. For now, the casino has big economic problems resulting from Sandy hurricane that made a lot of havoc in the region.
As of yesterday, the Wall Street Journal confirmed the news: "the online poker giant is negotiating the acquisition of Atlantic Club Hotel Casino, formerly Atlantic City Hilton with Colony Capital, said several people close to the record." One of these people said that the negotiated price would be less than $ 50 million. The agreement is still in weeks to reach and could fail". So much for the clarification of the WSJ.
Discuss this news on PokerCollectif forums: the return of PokerStars in the United States?
