Tag: pokerstars
PokerStars Teams with Resorts On Internet Gambling
The parent company of the PokerStars gambling website, thwarted thus far in its efforts to buy one Atlantic City casino, on Wednesday announced a deal in which it will partner with another one to offer Internet gambling in the state once it becomes legal later this year. The Rational Group is joining with Resorts Casino Hotel as its online gambling partner, pending approval from state casino regulators. But Wednesday’s announcement raised another big question: whether PokerStars plans to continue its court fight to try to buy The Atlantic Club Casino Hotel, in which it thus far has been rebuffed. An…
PokerStars announces 2013 Seoul Poker Cup
From Pokerstars PokerStars today announced that it will be supporting the 2nd annual Seoul Poker Cup which will be hosted by the Paradise Casino Walkerhill from August 23-25. The Seoul Poker Cup features two Official Asia Player of the Year events including the KRW 1.1m (US $970) buy-in Main Event. “We’re excited to support this event again this year and we have added re-entries to the Main Event this time.” said APPT President Danny McDonagh. Last year, Korean-based Frechman Olivier Ziegler beat the 137-player field to win more than KRW 40m. This year is expected to be bigger and better….
PokerStars finds new partner for online gaming in New Jersey
From North Jersey Resorts Casino Hotel and The Rational Group, operator of PokerStars, the world’s largest online poker site, have reached an agreement to provide online gaming in New Jersey, the companies announced today. The agreement links the first casino to open in Atlantic City with one of the biggest online gaming companies in the world. Meanwhile, Donald Trump wants in on the action, too: “This is another blue chip partner for Resorts to complete a wonderful series of brands – Mohegan Sun, Margaritaville and now PokerStars,” said Morris Bailey, Resorts’ Company Chairman. “Resorts is a fantastic partner for…
Atlantic Club fights PokerStars appeal
From My Central Jersey The PokerStars website entered into a contract to buy an Atlantic City casino with “their eyes wide open,” and now has to live with the consequences of the failed deal, the casino said in court papers. The Rational Group, the Isle of Man-based parent company of PokerStars, struck a deal in December to buy the Atlantic Club Casino Hotel. But the agreement stated that either side could cancel the transaction if The Rational Group did not get preliminary ownership approval from New Jersey casino regulators by a certain date. When that April 26 date passed, the…
PokerStars Wants to Save Deal to Buy Casino
From NBC The world’s largest online poker website is appealing a judge’s ruling that cost it the right to buy an Atlantic City casino. The PokerStars website’s parent company, The Rational Group, had a deal to buy The Atlantic Club Casino Hotel – and had already paid $11 million of that to keep it afloat during the winter. But a judge last month let the Atlantic Club out of that deal, ruling that a deadline for Rational to obtain preliminary approval from state authorities to own a casino had passed. The Rational Group appealed that ruling this week. “This is…
Rafael Nadal competes in special PokerStars tournament
From iGaming Business As part of his sponsorship deal with PokerStars, 2008 Olympic gold medallist and eleven-time Grand Slam tennis champion Rafael Nadal challenged 100 fans to a game of mobile online poker over the weekend. The Majorca-born tennis star will celebrate his 27th birthday on Monday and took part in the special PokerStars-sponsored competition during a break from his preparations to defend his French Open men’s singles title. “It’s no secret that I love the competition and that’s what I like about the game of poker,” said Nadal, who has won the world-famous Roland Garros tournament in each of…