“Any action allowing PokerStars to be licensed would send a damaging message to the world of gaming, and to the world beyond gaming, that companies that engage in chronic law breaking are welcome in the licensed gaming business,” the association wrote in its brief.
It admitted no wrongdoing, and says it is in good standing with governments around the world. Justice Department and $184 million to poker players overseas to settle a case alleging money laundering, bank fraud and illegal gambling. The company agreed last year to pay $547 million to the U.S. It claims PokerStars “was operated as a criminal enterprise” for years, capturing more than half the $7 billion-a-year online poker market. If approved, it would mark the first ownership of an American casino by a solely-online gambling company.īut The American Gaming Association, the trade association representing traditional brick-and-mortar casinos nationwide, is urging New Jersey regulators to reject the bid. The Rational Group, the parent company of PokerStars, wants to buy The Atlantic Club Casino Hotel. – A bid by the world’s largest online poker website to buy an Atlantic City casino is touching off a battle with brick-and-mortar casinos that is getting very nasty, very quickly.
