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Caesars Entertainment seeks license for Internet gambling

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April 18, 2013

Caesars Entertainment seeks license for Internet gambling

While one online gambling company is proceeding with its bid to take over an Atlantic City casino, another with ties to four other local properties is applying for a license in anticipation of starting Internet gambling in New Jersey.

Rational Group, the parent company of PokerStars, officially completed its application for interim casino authorization this month, moving one step closer to purchasing the Atlantic Club Casino Hotel, the Division of Gaming Enforcement said. Regulators deemed the application complete April 10, starting a 90-day period during which the DGE will investigate Rational.

Meanwhile, competitor Caesars Interactive Entertainment, which operates the World Series of Poker and online gambling sites overseas, is applying for a casino license in New Jersey, signaling its intention to enter the state?s fledging Internet gambling market.

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Source: Hoa Nguyen (2013). Caesars Entertainment seeks license for Internet gambling, pressofAtlanticCity http://www.pressofatlanticcity.com/communities/atlantic-city_pleasantville_brigantine/caesars-atlantic-city-s-online-arm-seeks-license-for-internet/article_0979b122-a700-11e2-8063-0019bb2963f4.html?published Apr 17, 2013. Viewed Apr 18, 2013,

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