Eye 3 Yellow 3d 2 new logo Philly_KYW_new Philly_94WIP_new CBS Sports Radio 610 Philly_WPHT_new

Latest News

Online Gaming Company is Buying an Atlantic City, NJ Casino

View Comments
(The Atlantic Club casino-hotel.  Credit: Atlantic Club)

(The Atlantic Club casino-hotel. Credit: Atlantic Club)

Hadas Kuznits Hadas Kuznits
Hadas Kuznits has been as a news writer/reporter for KYW Newsradio...
Read More

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Check Out

By David Madden

ATLANTIC CITY, N.J. (CBS) — One of Atlantic City’s 12 casinos could soon have a new owner.

You’ve probably never heard of the Rational Group, but “Poker Stars” might ring a bell. The operator of that and other online gaming sites now has an agreement to purchase the Atlantic Club casino-hotel, the former Hilton on the south end of the boardwalk.

Terms are not being revealed, but current management would be kept in place, according to a statement from the Texas-based company.

The sale is contingent on approval by state regulators.

What is key here is the fact that New Jersey could soon allow Internet gambling through servers based at the casinos.  A bill to do just that is on Governor Christie’s desk, although he did veto an earlier version.

View Comments