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Pokerstars abandons Club Atlantic City deal


Manx-based PokerStars says it’s giving up attempts to buy a casino in New Jersey after problems with the deal.


It wanted to buy the Atlantic Club in Atlantic City but has since signed a deal with the Resorts Casino Hotel.


After losing two court rulings, Pokerstars parent company the Rational Group has dropped its application for a casino license to acquire the Atlantic Club – the firm lost $11 million in the aborted deal.


The world’s largest poker site has now applied for a casino service industry license with the New Jersey Division of Gaming Enforcement to team up with its new partner.


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