The PokerStars acquisition of The Atlantic Club is a momentous deal in the race to get online gaming launched in the US.
If the completion of the deal is followed by Governor Christie’s signature on the New Jersey iGaming bill - and it surely will - then the race will truly have started.
While the immediate acquisition of a licence in New Jersey is obviously beneficial to PokerStars, the decision of PokerStars to base its US operations (initially at least) is also hugely beneficial to New Jersey.
Senator Ray Lesniak, the key proponent of iGaming in the state, has long talked of making New Jersey a hub for iGaming operations. After Governor Christie vetoed the original bill and Nevada started issuing licences (albeit conditional upon the testing of technology), New Jersey looked like losing out.
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