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Will Amaya Gaming finally get PokerStars in the US?
The big poker news today – and it’s colossal – is that Amaya Gaming has made a deal with the Rational Group to buy PokerStars, Full Tilt and live tournament tour assets for $4.9 billion. For years people have speculated about the worth of PokerStars and now they know. One of the key points of…
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PokerStars’ US Fast-Fold Patent gives them a Tremendous Advantage
PokerStars has struck out three times in their efforts to enter the US online poker market. Nevada flat-out denied them, New Jersey said wait two more years, and Delaware didn’t want an operation without an online casino. But while Stars has watched fellow competitors like 888 and partypoker enter the US market, they still hold…
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Next Stop for PokerStars: The State of New York
Not long ago, the Rational Group was dealt another crushing defeat in America, when New Jersey decided to suspend review of their online gaming application for two more years. The stated reason why is that they don’t like Isai Scheinberg’s involvement with Rational, or his unresolved case with the US Department of Justice. The real…
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Atlantic Club successfully backs out of PokerStars Deal
For the past few weeks, the Rational Group (PokerStars’ owner) and Colony Capital LLC (owns Atlantic Club Casino) have been at war over a business deal. The Rational Group was set to buy the Atlantic Club for $15 million, but they failed to obtain a New Jersey casino license by April 26th, 2013. What’s significant…