If Licensed By State, PokerStars To Spend $10 Million On Atlantic City Live Poker RoomInvestment Would Come At Resorts Casino Hotel |
|
If/when PokerStars acquires authorization to offer online poker in New Jersey, the firm will begin construction on a $10 million live poker room in Atlantic City, according to reports.
Press of Atlantic City reported the price-tag. The room would be built at Resorts Casino Hotel, which PokerStars is partnering with. That casino hasn’t had a poker room since 2010.
Online gambling is expected to kick off in New Jersey in late November, though it’s unclear which firms will be offering games right away. More than three dozen companies initially filed to be a part of the industry. The city has 12 brick-and-mortar casinos.
Such online activity was legalized in New Jersey earlier this year.
In addition to the Garden State, Nevada and Delaware have legal web gambling.
PokerStars had originally tried to get involved with Nevada online poker, during the pre-Black Friday legislative debates there. However, once it fell into hot water with the federal government, Nevada moved forward on its own without PokerStars, which once had a tentative deal with Wynn Resorts. Wynn recently announced a partnership with 888 Holdings.
PokerStars, the world’s busiest online poker site, was trying recently to buy its own Atlantic City casino, but that deal fell through. Thus, the firm went the route of partnering with Resorts, which was a requirement to eventually offer web poker in/from the state.
If the live poker room at Resorts eventually comes to fruition after acquiring an online gambling license, it would be an immensely successful arrival on what has turned out to be a long road for the Isle of Man-based PokerStars.
The firm settled with the federal government last year without admitting to any wrongdoing.
Copyright © 2001-2024
CardPlayer.com. All rights reserved.
