TRENTON, NJ-Superior Court Judge Raymond Batten issued a restraining order on Monday barring the sale of the Atlantic Club casino to any other buyer except online gaming firm PokerStars.
The judge reinstated a prior purchase agreement that Atlantic Club recently terminated, according to the Star Ledger, and at least for now mandates that the $15-million sale continue. A hearing on the matter is scheduled for May 17.
Also on Monday, PokerStars filed a civil lawsuit against the Atlantic Club ownership alleging the companies involved violated their agreement. See story in the Star Ledger.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
