A regulatory showdown between the casino industry's national lobbying group and online global gambling giant PokerStars will have to wait for another day.
The New Jersey Casino Control Commission has postponed a vote on whether to allow the American Gaming Association to participate in the licensing case of PokerStars' parent company, the Rational Group, to buy the Atlantic Club Casino Hotel.
"Additional time is needed for the consideration of this matter," commission Chairman Matthew Levinson said.
The commission has pulled the AGA's petition from the agenda of Wednesday's board meeting. The AGA, the national trade group and lobbying arm for commercial casinos, is opposed to having PokerStars become part of the Atlantic Club's new ownership group.
In papers filed with the commission, the AGA claims PokerStars broke the law and "was operated as a criminal enterprise" for years while running its online poker outfit.
PokerStars agreed last year to pay $731 million to settle a U.S. Department of Justice lawsuit that included charges of money laundering, bank fraud and illegal gambling. The company admitted no guilt or wrongdoing in the settlement.
PokerStars, in strongly denying the AGA's allegation that it has acted illegally, says it is in good standing with other gambling jurisdictions across the world.
A decision by the Casino Control Commission on PokerStars' suitability for a New Jersey license is weeks away. The AGA wants to participate in the licensing case by submitting legal briefs and making arguments against PokerStars.