PokerStars Looking to Purchase Atlantic City Casino

Posted by admin | Casino Affiliates | Wednesday 16 January 2013 8:46 pm

The Atlantic Club has observed better times.

The having difficulties brick-and-mortar Atlantic Town casino business could be obtaining a increase from an on the web poker giant if the Rational Group&#8217s bid to buy the Atlantic Club Casino and Hotel.

In accordance to an write-up in the Wall Street Journal, Rational Team, the proprietors of PokerStars and Entire Tilt Poker, is hoping to make the purchase for all around $ fifty million. Whilst specifics of the offer are even now getting hammered out, it would definitely be a huge win for all concerned functions.

There&#8217s still a very good chance that possessing a land-based mostly casinos will be a prerequisite for entry into the US on-line poker market. If nothing at all else, it would give them a toehold in a state that&#8217s currently approved measures enabling casinos to offer you online gaming.

In Atlantic City, the place casino revenues have been declining for many years, the addition of a new, income flush, player is definitely welcome information.

If the sale is approved, Rational Group will definitely have a fixer-upper on their arms, in accordance to the Las Vegas Review Journal, the Atlantic Club was the 10th lowest earning casino of the twelve casinos operating in Atlantic Town.

It&#8217s expected that negotiations to finalize the deal could get a couple more weeks.

What do you believe of Rational&#8217s makes an attempt to enter the Atlantic Metropolis market place? Share your views in the reviews part under.

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