PokerStars Agrees To Partnership With A.C. CasinoDeal Comes After Move To Buy A Different Casino Collapsed |
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After PokerStars failed in its bid to buy an Atlantic City casino, it made the decision to partner with a different one in order to get in on the upcoming online gambling market there.
Resorts Casino Hotel and The Rational Group, operator of PokerStars, announced Wednesday that they reached an agreement to provide online gambling in New Jersey.
“This is another blue chip partner for Resorts to complete a wonderful series of brands – Mohegan Sun, Margaritaville and now PokerStars,” said Resorts’ chairman.
“Resorts is a fantastic partner for us and we are looking forward to launch PokerStars in the U.S. in association with the other quality brands Resorts has brought to Atlantic City,” Mark Scheinberg, CEO of The Rational Group, said. “We are very happy to invest in New Jersey and we are excited about building a successful relationship with Resorts.”
The agreement is pending approval by New Jersey gambling regulators.
Some have wondered whether PokerStars could obtain approval in the Garden State. Last July, PokerStars agreed to settle its case with the U.S. government. It didn’t admit to any wrongdoing in connection with the Black Friday indictments.
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