Written by :
Published on :
The head of the Atlantic Club Casino in Atlantic City is urging New Jersey Governor Chris Christie to sign a bill legalizing online gambling in the state.
The Rational Group, which owns the world’s largest real money Web poker room PokerStars, has agreed to purchase the financially strapped casino for an undisclosed amount and have promised to create at least 100 new jobs at the property.
“I see this as an amazing opportunity for New Jersey, a defining moment for The Atlantic Club, for the city and for New Jersey,” Frawley said. “We have a potential purchaser willing to build its U.S. corporate headquarters in the city, and willing to build a call center elsewhere in New Jersey. This is much more than just someone sitting in their living room with a computer."
PokerStars parent company is willing to invest $80 million in the casino hotel over the next five years, including $30 million this year alone, Frawley confirmed.
Christie has until this Thursday to sign or veto the bill legalizing online gambling. Should he not act, the bill will automatically become law.
- Chris Costigan, Gambling911.com Publisher
