New PokerStars partnership

New PokerStars partnership

Friday, 5 July 2013

After a lengthy and unsuccessful legal battle with the Atlantic Club Casino and Hotel in Atlantic City, PokerStars looks to have finally found another route back into the United States market.

Having been forced out after ‘Black Friday’, PokerStars eventually came to a settlement with the DOJ and has been actively looking for a land-based casino to partner with ever since.

The recently regulated confines of New Jersey have been the online site’s first port of call and the last 48 hours has seen PokerStars announce a potential new partnership.

Although the deal is still pending state approval, PokerStars is confident that in the next few weeks it will be officially partnered with Resorts Casino and Hotel. Both parties have agreed terms and it’s now simply a case of New Jersey gaming officials putting a rubber stamp on it.

The new deal will give PokerStars the ability to offer online poker in New Jersey thanks to intra-state online poker laws that recently came into effect.

Mark Scheinberg, Chief Executive Officer for PokerStars’ parent Rational Group, said the deal gives it a ‘fantastic partner’ and it is ‘very happy to invest in New Jersey’.

Another positive for PokerStars is the fact that the owner of the Resorts Casino and Hotel, Mohegan Gaming Advisors, also owns the Mohegan Sun in Connecticut and Margaretville, which could mean access into more parts of America as state regulation spreads.

Tags: PokerStars, New Jersey, Atlantic Club Casino and Hotel, Atlantic City, Resorts Casino and Hotel, Mark Scheinberg, Mohegan Gaming Advisors