It is believed that Atlantic Club Casino Hotel might get purchased by the parent firm of online gambling giants, Full Tilt Poker and Poker Stars. If the deal comes out as agreed by the parent firm, it will help in reviving one of the weakest casinos in Atlantic City.

Rational Group, which is based on the Isle of Man, has filed the papers with the Gaming Enforcement Division of New Jersey. They are seeking the regulatory approval for making the purchase of the casino from their current owners, Resorts International Holdings.

Michael Frawley, the COO of the Rational Group, released a statement on Tuesday. He said, “This acquisition is going to secure close to 2,000 jobs. At the same time, we will be trying hard to maintain the benefits, which the casino offers the New Jersey State, economically.”

He also stated, “For the time being, the casino is going to be operated by its current management. We are going to retain them as well, once the acquisition is completed.”

Eric Hollreiser, who is the spokesperson for Rational Group, said, “There is going to be no comment made from our end beyond the statement issued by our COO. We cannot disclose the purchase price or the terms involved in the deal as of now.”

Eric stated, “We are enthusiastic purchasers and intend to make an improvement in the casino’s financial viability. Our US subsidiary is going to provide the necessary funding to the Atlantic Club Casino and maintain the needed financial stability as required by the casino laws of the state.”