Report: PokerStars Eyes U.S. Return with Atlantic City Casino Purchase

PokerStars could soon call this Atlantic City casino and hotel home.

According to a Wall Street Journal report PokerStars is in negotiations to purchase the Atlantic Club Casino Hotel for nearly $50 million. The purchase could pave the way for the world’s largest online poker site to re-enter the U.S. market just 18 months after Black Friday forced their exit.

The deal is reportedly contingent on the passage of a bill that would legalize and regulate online poker in the state of New Jersey. The bill could pass by year’s end and would allow land-based casinos in the state to offer online gaming to New Jersey residents. As more and more states begin to regulate instra-state online poker, PokerStars could use the New Jersey license as a launching pad to rebuild their player base in the United States one state at a time.

In August PokerStars settledĀ  the Black Friday charges with the Department of Justice and acquired the Full Tilt Poker assets. In the following weeks the online poker giant repaid all non-U.S. players and relaunched Full Tilt Poker.

Should the purchase be completed the property would not be the first brick and mortar property run by PokerStars. In October the company invested in the Hippodrome Casino in London and PokerStars Macau has been in operation since 2008.

The Atlantic Club Casino Hotel was formerly the Atlantic City Hilton Casino and originally opened in 1980 under the Golden Nugget brand name.

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Lance Bradley

Editor in Chief at BLUFF.com
Editor in Chief: Lance Bradley began working with BLUFF in March 2008 and was named Editor in Chief in August 2009. Prior to joining BLUFF Bradley launched an independent poker blog, ThePokerBiz.com in 2006. Before entering the world of poker media he was the Poker Room Manager for Bodog from January 2004 until June 2006. He graduated from the Applied Journalism program Kwantlen Polytechnic University in Vancouver, Canada.
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