Endorsed by Gambling911

PokerStars Welcome in New Jersey: Wants to Purchase Atlantic City Casino

Written by:

Aaron Goldstein

Published on:

Dec/12/2012

PokerStars Welcome in New Jersey: Wants to Purchase Atlantic City Casino

State Senator Raymond Lesniak, who is behind efforts to legalize online gambling in the state of New Jersey, says he welcomes PokerStars. The world’s largest real money poker site is looking to acquire the Atlantic Club Casino in Atlantic City.

Lesniak said in a statement issued earlier this week: “New investment in Atlantic City is good for New Jersey. It is great to see a modern, global company like PokerStars interested in investing in our state and teaming up with one of the iconic Boardwalk casinos, The Atlantic Club. These kinds of opportunities can be transformative and provide more proof that New Jersey – not Nevada – can be the hub for a new wave of growth in the gambling industry.

“PokerStars is the biggest company in online poker and we should welcome them bringing their American headquarters to New Jersey.”

Stars recently settled with the US Government in regard to its offering services to US citizens following passage of the Unlawful Internet Gaming Enforcement Act (UIGEA). Two of the company’s founders were indicted on charges of money laundering and bank fraud. Stars exited the American market in April of 2011.

Current draft legislation in Congress would seemingly prevent PokerStars from re-entering the US market for a period up to five years, however, it is doubtful federal legislation will pass before year’s end. In the meantime, states like New Jersey are looking to move forward with their own laws.

Online gambling is a multi-billion dollar industry.

- Aaron Goldstein, Gambling911.com

Gambling News

Chip Grabbing Felon Latest to Make the Infamous Vegas Black Book

Neal Ahmed Hearne is the latest name to be entered into the book.

NFL Reinstates Players Who Violated Gambling Policy

Quintez Cephus, C.J. Moore, Demetrius Taylor, Rashod Berry and Shaka Toney can now play once again though only one of the five is under contract with an NFL team.

Did ’Ndrangheta Mafia Infiltrate Canadian Banks?

‘Ndrangheta mafia’s infiltration into the lucrative Malta i-gambling industry was revealed over the last year.

Exploring the Best Online Casinos in Australia

Explore the world of internet gambling with the help of a well chosen guide written by gaming enthusiasts. This in-depth investigation examines the best Aussie gamers can play at online casinos, all of which have been screened for game selection, security, customer support, and special offers.

The Excitement of Sports Betting and Casino Gaming

The thrill of a close game and the intense excitement of waiting for the final play to unfold—sports betting adds a layer of anticipation to watching sports that countless fans find irresistible. Similarly, the allure of casino gaming, with its mix of chance, strategy and the potential for big wins, such as in the new game aviator, attracts players from all walks of life. These pastimes offer a diverse form of entertainment rich in excitement, skill and the thrill of the unknown, captivating a global audience.