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The famous Atlantic Club Casino acquired by PokerStars?

Tom Lasten 16 January 2013 - 02:03:12
The famous Atlantic Club Casino acquired by PokerStars?

The hotel-casino of the famous establishment Atlantic Club Casino Hotel may be acquired in the coming days by another gaming giant, but this one virtual: PokerStars. While this American online poker operator, which caused a controversy on Black Friday, will have to spend around 50 million dollars to be granted this luxurious building, it might be through this transaction that it makes its grand return to the gambling scene in the United States. Which is to say, in other words, that the stakes of this purchase are high!

PokerStars counter-attacks

PokerStars was without doubt the most impressive online poker operator on the planet. Bringing together more than forty million players, PokerStars knew how to convey its passion for Poker to the four corners of the earth and to build an exceptional fortune, certainly one of the most incredible an iGaming company has ever possessed. However, Black Friday quickly caught up with the operator and tarnished its image. Responsible for the cyclone that literally swept America away, PokerStars will have great difficulty recovering its assets and its fetishist players, just as it will the multitude of domain names that the operator possessed and that the American Government withdrew from it without remorse or regret.

“PokerStars still enjoys a certain notoriety. It also possesses sufficient financial resources to acquire one of the most symbolic casinos existing today in the United States: the famous Atlantic Club.”

For all of that, PokerStars still enjoys a certain notoriety. It also possesses sufficient financial resources to acquire one of the most symbolic casinos existing today in the United States: the famous Atlantic Club. Despite this quasi-excessive ambition, PokerStars has decided to remain prudent and until now has fulfilled the government's conditions to the letter. Indeed, since the start of last year, the operator has regularly reimbursed all the American players whom it skillfully duped in the past. Similarly, it has already paid to the American Government the sum of 730 million dollars, thus freeing itself from some onerous judicial obligations.

An ideal moment for PokerStars?

This may be the perfect moment for PokerStars to reintegrate itself into the American gambling market, all the more so as the States of New Jersey and Nevada, as well as others, are in the process of enacting laws authorizing virtual gaming activities. And since only operators running terrestrial establishments will be in a position to offer their services on the Web, PokerStars will have positioned itself like a formidable candidate in its acquisition of the Atlantic Club Casino.

In laying 50 million dollars on the table during the negotiations, PokerStars has begun its big comeback to the American iGaming scene. However, is there a chance the operator's dark past will put a brake on its high aspirations?

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