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PokerStars Looking to Purchase Atlantic City Casino

Posted: May. 8th, 2013  |  By Michael Pearse

Making poker available online might be a tricky, red-tape laden business nowadays, but it seems the people behind PokerStars.com have found a way to make running gambling in the U.S. a little easier: They're doing everything in their power to buy out a struggling Atlantic City casino.

ATLANTIC CITY, N.J. -- The behind-the-scenes battle between an Internet poker giant and the struggling Atlantic City casino it wants to buy burst into the open Monday, with a court order, accusations of bad faith, and the revelation of an eye-poppingly low sale price.

The Rational Group, which owns PokerStars, went to court in New Jersey on Monday and got a temporary restraining order barring The Atlantic Club from selling itself to anyone else. Last week, The Atlantic Club declared that the deal for PokerStars to buy the casino was dead, but has declined to comment further.

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