Casino Industry Opposes PokerStars’ Bid for New Jersey License
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The U.S. casino industry is opposing an effort by PokerStars, the biggest Internet gambling company, to buy an Atlantic City property as New Jersey prepares for online betting.
The American Gaming Association, which has never participated in a licensing proceeding, cited federal charges settled by PokerStars and parent Rational Group Ltd. in the petition filed yesterday with state casino regulators. Holly Wetzel, a spokeswoman, confirmed the group opposes the effort to buy the Atlantic Club Casino Hotel.