Gambling News 18th May, 2013

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POKERSTARS LOSES IN COURT TUSSLE OVER ATLANTIC CLUB CASINO (Update)

18th May, 2013 at 01:45:02
Judge rules for casino owners; dissolves temporary restraining order on sale to others.

The attempt by Pokerstars owner The Rational Group to acquire the Atlantic Club land casino in Atlantic City (see previous reports) ran into a major obstacle Friday when New Jersey Superior Court Judge Raymond Batten ruled that casino owners RIH-Colony Capital could terminate the sale contract when Rational failed to get a New Jersey licence by an April 26 deadline enshrined in the agreement.

Full Story: Pokerstars Loses In Court Tussle Over Atlantic Club Casino (update) »