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PokerStars Invests in Land Based Casino

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  • #628776
    bosshoggs
    Member

    That’s right… PokerStars is moving into the land-based casino market with a major investment in London’s Hippodrome Casino. PokerStars’ stake raises Hippodrome’s value to around £100 million.

    Specific details haven’t been shared… but the info we’ve been able to gather is here:

    PokerStars Invests in Land Based Casino

    So… what are your thoughts? Do you think that PokerStars will be successful at the land-based casino market?

    #830931
    ashleycrew
    Member

    It is a great news for London casino players that Pokerstars are coming in there place and investing such a huge amount.
    I think it is difficult for Pokerstars to survive in the market there but they will make it.

    #831285
    CasinoSasa
    Member

    Interesting how many land based casinos are trying to build a brand online and now the online world is moving into the real world markets.. I think pokerstars casino will last as long as the “Brand Image” of pokerstars lasts.

    #831289
    seedingltd
    Member

    Hi guys. CBR also reported this on Dec 7th. and it is very exciting.
    I have word from my connections in AC that the licenses will be for sale later this year, just like Nevada.
    The initialization of the online gambling program in NJ will be limited to interstate only.

    The big question we have all been asking is will they have room for affiliates and there are some great posts about it on a few threads. I will obtain a license and my office space just outside of AC by the end of this year if it continues this way. I currently fear the worst for US facing affiliates but there is always working for the guys I used to work for before I guess… :(

    Yes they will be very sucessfull regardless of on-or-off line presence..they are just too big of a name in the industry.

    #831321
    lvaffiliates
    Member

    Weird they would do this. Lots of overhead in land-based gaming, and player acquisition is much tougher and more expensive.

    #831328
    seedingltd
    Member

    It is not weird at all. They know online poker hosted and played in NJ will be legal. They are strategically positioning from what I would guesstimate. :woohoo:

Viewing 6 posts - 1 through 6 (of 6 total)