PokerStars Seeks To Revive Atlantic City Casino Takeover

Law360, New York (May 3, 2013, 1:19 PM EDT) -- PokerStars' allegedly shuttered plans to purchase the Atlantic Club Casino and Hotel in Atlantic City, N.J., might not be over, as a company spokesman told Law360 late Thursday that the online gaming company wanted to resurrect the deal.

On Wednesday, Atlantic Club Chief Operating Officer Michael Frawley issued a statement saying a purchase agreement between PokerStars and the casino had been terminated, but The Rational Group, PokerStars' parent, said it was under the impression that the deal's closing date would be extended to allow the purchase...
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