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’s 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’s 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’s 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’s expected that negotiations to finalize the deal could get a couple more weeks.
What do you believe of Rational’s makes an attempt to enter the Atlantic Metropolis market place? Share your views in the reviews part under.
The submit PokerStars Hunting to Buy Atlantic Town Casino appeared first on .