The New Jersey Casino Control Commission postponed making a decision on whether to allow the American Gaming Association (AGA) to participate in the licensing process of PokerStars’ acquisition of the Atlantic Club Hotel Casino.
Last week the AGA filed a petition urging New Jersey gaming regulators to disallow PokerStars’ parent company, the Rational Group, in their bid to purchase the struggling brick and mortar casino. The AGA asserted that PokerStars is a “business built on deceit, chicanery, and the systematic flouting of U.S. law.” PokerStars virtually ignored the UIGEA in 2006 and continued servicing the U.S. online poker market.
PokerStars answered with a 15-page letter of their own attacking the AGA’s credibility as a lobbying organization for its member casinos. ‘Stars referred to the petition as “economic warfare” designed to eliminate competition and its inclusion would “set a precedent inviting competitors to intervene in every licensing proceeding.” The world’s top poker website pointed out its good standing as a licensed gaming operator in a number of licensing bodies around the world.
The Casino Control Commission held a board meeting Wednesday with an agenda that included a possible vote on the AGA petition. However, the issue was removed from the docket. Commission Chairman Matthew Levinson explained the reason by saying, “Additional time is needed for the consideration of this matter,” the pressofAtlanticCity reported.
A date in which the AGA petition will be ruled upon has not been set.