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Pokerstars to Buy Atlantic Club Casino Hotel?

4 months following PokerStars spent $731 million to settle a Justice Department lawsuit, it truly is in advanced talks to purchase a casino within the hope that New Jersey gambling regulators will let it run online-poker games legally.

The online-poker giant is discussing a deal to buy the struggling Atlantic Club Casino Hotel, formerly the Atlantic City Hilton, from investment firm Colony Capital, numerous men and women acquainted with the matter stated. Among these people today mentioned the buy price becoming negotiated is less than $50 million.

 
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