PokerStars Says It Still Wants New Jersey CasinoPoor Communication Seems To Be At Core Of PokerStars Casino Deal Expiring According To Company |
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Earlier this week news broke that PokerStars deal to buy a New Jersey casino had expired due to a deadline being missed.
However PokerStars head of communication, Eric Hollreiser, has said his company still wants to buy the casino and hinted at a misunderstanding or miscommunication between PokerStars and Colony Capital which owns the hotel according to Associated Press.
“Several days ago the Rational Group [PokerStars parent company] received a purported notice of termination of this agreement from the current owners of the Atlantic Club,” he said.
“It was the Rational Group’s expectation and understanding, based on the ongoing dealings between the parties, that the closing date would be extended to allow the transaction to be completed.
“The Rational Group remains entirely committed to resolving this situation and to our investment in New Jersey."
The Atlantic Club, the casino at the centre of the supposed deadline cock up did not respond to an Associated Press request for its side of the story.
Expect more from this tale to be unveiled in the coming days with both parties setting out their respective stalls on what supposedly happened and whether or not the deal can be resurrected.
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