PokerStars Fights for a Foothold in the U.S. Market

PokerStars, the world's largest online poker site, is making bold moves to enter the U.S. market. The company has acquired a casino in Atlantic City and is facing opposition from the American Gaming Association.

Rational Group, the parent company of PokerStars and Full Tilt, announced a deal to acquire the Atlantic Club casino in Atlantic City, which was facing closure and potential job losses for nearly 2,400 employees. The American Gaming Association (AGA) recommended blocking the sale of Atlantic Club to PokerStars, citing concerns about PokerStars' past activities. PokerStars' corporate communications director, Eric Hollreiser, responded to AGA's claims, stating that the U.S. Department of Justice had allowed PokerStars to apply for a license in the U.S.

PokerStars has received licenses to operate in several countries, including France, Germany, Italy, Spain, Denmark, Estonia, Belgium, Malta, and the Isle of Man.