The parent company of the PokerStars website wants a judge to prevent an Atlantic City casino it’s trying to buy from selling itself to anyone else.
The Rational Group obtained a temporary restraining order Monday prohibiting The Atlantic Club from selling itself to anyone else.A court hearing on whether the order should be made permanent is set for May 17.
The court filing also revealed for the first time the rock-bottom price PokerStars would pay for the struggling casino: $15 million. That is $5 million less than the previous low price that a California company had offered for Trump Plaza before that deal fell apart last month.
The Rational Group says it has already given The Atlantic Club $11 million of the purchase price to keep it afloat.