The Atlantic Club of New Jersey is expected to file for bankruptcy by the end of the week after failing to find a buyer in the wake of the PokerStars’ aborted acquisition.
Insiders claim Colony Capital, which owns the casino, will file for bankruptcy in the expectation that a buyer will emerge in a Section 363 auction.
Since Colony pulled the plug on the PokerStars acquisition over fears the internet operator would not get licensed in New [...]
