A story first reported in the Wall Street Journal states that the world's largest online poker brand, PokerStars, is in talks to buy The Atlantic Club casino in Atlantic City, N.J., from investment
firm Colony Capital, LLC. If successful, the deal would be regarded by many as having been made in anticipation of New Jersey's possibly imminent regulation of online gaming in the state.
One of the sources familiar with the matter told the newspaper that the purchase price being negotiated would be less than $50 million, but added the deal was weeks away from closing and could fall through.
Plaza Roble Corporate Center
|PokerStars.com is a fun, safe place to play poker with people from around the world for real or play money. The site offer the most popular poker games such as Texas Hold'em, Omaha and Stud. Real money limits range from $0.01/0.02 to $100/$200. PokerStars is an official member of the World Poker Tour, and the title sponsor of the European Poker Tour (EPT) and the PokerStars Caribbean Adventure. In the fall, PokerStars hosts the world's largest online tournament, the World Championship of Online Poker (WCOOP).|
The Atlantic Club
3400 Pacific Avenue
Atlantic City, NJ 08401
Phone: (609) 347-7111
Toll Free Phone: (800) 338-7937
|The Atlantic Club Casino (formerly the Atlantic City Hilton) in Atlantic City, New Jersey is a 75,374 square foot casino with 1,488 gaming machines and sixty table games. The property has seven restaurants, five bars and a hotel with 809 rooms. |