PokerStars Fights AGA Allegations; Makes Own Accusations
12 March 2013
PokerStars came out swinging on Monday accusing the American Gaming Association of launching an anti-competitive campaign. The AGA threw the first punch last week when it submitted a brief to the Division of Gaming Enforcement and the Casino Control Commission stating it was opposed to PokerStars being given an interim casino authorization, something required for its potential purchase of a land-based casino in Atlantic City.
“The AGA’s sole interest here is economic warfare,” stated PokerStars legal council in a Press of Atlantic City article. “For all of its lofty rhetoric, the only interest the AGA actually has in this proceeding derives from the fact that some of its members perceive themselves to be Rational’s competitors.”
According to Rational, Caesars Entertainment, which owns four different casinos in Atlantic City and which as representatives on the American Gaming Association’s Board of Directors, is retaliating against PokerStars because the international online poker giant spurned an offer to buy the Rio Casino in Las Vegas.
Caesars Entertainment has offered a “no comment” response on the offer to “give PokerStars a better relationship with Caesars and would help PokerStars gain a license in Nevada,” according to Rational in a Press of Atlantic City article.
Caesars’ alleged if-you-can’t-beat-them-get-them-to-buy-one-of-your-casinos strategy failed, as PokerStars declined the offer, stating it had no plans to acquire a casino in addition to the Atlantic Club Casino Hotel in Atlantic City.
Atlantic City, forever in the shadow of Las Vegas as America’s second favorite playground, could come into a light of its own with the success of its online gambling campaign. Not limited to offer online online poker, as in Nevada, New Jersey’s larger population base could edge the state into an increased market share, and attract larger fish than Las Vegas shark bath.
05 October 2010Major Casinos Looking at Online Gambling
There has been a lot written lately about the online gambling regulation in the U.S. this year. Proponents of legalizing and regulating internet gambling have seen positive and negative so far from Barney Frank’s H.R. 2267 passing a markup vote to the NFL changing its stance to California denying an effort to legalize online poker to now the major land base casino’s changing their tune about legalizing online gambling.Read full article
13 July 2011American Gaming Association (AGA) to Propose Online Poker Bill
The American Gaming Association (AGA) publically showed a cool response to Rep. Joe Barton (R-TX) federal online poker bill last week. In an address last week AGA chief Frank Fahrenkopf said his group was “not opposing [Barton’s bill], but we are not supporting it.” He said the AGA would throw its entire wait into a mystery bill.Fahrenkopf then said this mystery bill would differ from Barton’s proposal mainly in the way states are involved.Read full article
22 September 2011AGA Releases An Online Gambling Code of Conduct
The American Gaming Association (AGA) president Frank Fahrenkopf has two simple questions:”…‘How much and for how long?’ How much money that we don’t know about is being swindled from US consumers and how long will it take before we change laws to protect those consumers?” This is in response to the DOJ calling Full Tilt Poker a “global Ponzi scheme” after amending the civil lawsuit showing that more than 20 owners and shareholders were paid upRead full article