Based on an announcement made by an official PokerStars representative, the largest and leading online poker company is all set to invest as much as $10 million to build a brand new and classy poker room at Resorts Casino. The construction of which, is slated to start as soon as the New Jersey Casino Control Commission awards PokerStars its Internet gambling license.
Apparently, Resorts Casino Hotel could get more than it bargained for in the most advantageous way, since the planned poker room will serve as the official site for PokerStars’ future live poker tournaments in New Jersey. This denotes that Resorts’ partnership with PokerStars, is likely to bring more revenues not only for the hotel’s casino but for its entire operations as well.
Aside from the proposed $10 million poker room, William J. Pascrell III, Pokerstars’ spokesperson likewise revealed that the company has plans to set up its North American office in NJ. The plan includes hiring at least 150 staff members who will see to PokerStars’ Internet gambling operations, once interstate compacts are in place and successful enough to reach a nationwide level.
Many believe that PokerStars’ entanglement in the 2009 federal clamp down on Internet gambling, and the developments that ensued thereafter, could hurt the company’s eligibility to operate in NJ’s online gambling market. Yet the recent pronouncements about its plans in Atlantic City will likely have NJ regulators thinking twice before turning down PokerStars’ license application. After all, the realization of such financially viable plans depends on the granting of an NJ license.