Rational Group Considers Atlantic City Casino as an Online Poker Base

Feb 20, 2013
Rational Group Considers Atlantic City Casino as an Online Poker Base
Rational Group, owners of PokerStars and Full Tilt, is considering the purchase of an Atlantic City casino giving them a base in which to operate online poker sites. This venture could prove to be a gamble of its own as Atlantic Club suffered millions in losses last year. Rational's online poker sites such as, PokerStars for example, paid $547 million to the DoJ and $184 million to players in order to clear their name. "Both companies had issues with U.S. law when, in 2011, the Department of Justice closed down [PokerStars's and Full Tilt's] websites after they continued accepting U.S. bets," attorney Jason Gross told the Atlantic City press. "Here you have these two companies, both owned by Rational Group, that went farther than most companies, and it may create further issues." By enforcing the requirement of a headquarters in the US in order to operate, it could aid in building trust in the market and generating revenue. With or without Rational Group, online poker will make a comeback in the USA.
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