..

PokerStars, Full Tilt Poker Finally Get New Jersey License: Expect Tournaments Soon

Written by:
Ace King
Published on:
Oct/01/2015
PokerStars, Full Tilt Poker Finally Get New Jersey License: Expect Tournaments S

Amaya Gaming owned PokerStars, the world’s largest real money online poker site, and Full Tilt Poker have finally been granted a New Jersey Web gambling license after well over a year of wrangling.

The state Division of Gaming Enforcement said it approved Amaya Inc. to offer its PokerStars and Full Tilt brands. The company, which is affiliated with Resorts Casino Hotel in Atlantic City, said the approval allows PokerStars to resume business in the United States.  Resorts previously launched online gambling this year with Sportech NYX Gaming LLC while awaiting Stars entry into the market

Special interest groups, including the American Gaming Association, have fought to keep PokerStars from entering the legalized U.S. market.  This summer, Amaya found a way in by purchasing Austin, Texas-based Daily Fantasy Sports site Victiv.com in an effort to compete with the likes of FanDuel and DraftKings.

New Jersey officials and outside observers have said the entry of PokerStars could reshape the state's fledgling online betting industry, which had 17 websites, by adding two sites that have 95 million registered users, Wayne Parry of the Associated Press suggested.

More importantly perhaps, PokerStars operates a series of live tournaments that attract thousands of players each year.  Atlantic City would almost certainly be added to that agenda.

The PokerStars website, which stopped doing business in the U.S. in 2011, paid a $547 million fine to the Department of Justice but didn't admit wrongdoing. Amaya will put about $400,000 into a trust account with the state for unrecovered funds left from former New Jersey players "so that they may reclaim them," a spokesman said.

- Ace King, Gambling911.com

Poker News

Hossein Ensan Wins the 2019 WSOP Main Event and $10 Million

Hossein Ensan Wins the 2019 WSOP Main Event and $10 Million

His railbirds' shirts, black with conjoining colors of German and Iranian flags, called Hossein Ensan a "sure bet."

Calls for Jack Effel to Step Down While Others Offer Their Support

WSOP Vice President Jack Effel is coming under increasing pressure to step down following a weekend blunder that has everyone in the poker world talking.

Records Shattered at $5 Million Venom Online Poker Tournament

Records Shattered at $5 Million Venom Online Poker Tournament

A recap of Day1A of the monumentous Venom tournament finds that all records have been shattered at the world's fastest growing online poker room, Americas Cardroom.   The great news is, there is still time to enter for your chance at a guaranteed $1 million first place prize.

Poker Player at Fault Following WSOP Dealer Chip Counting Error?

Poker Player at Fault Following WSOP Dealer Chip Counting Error?

While much of the focus in the poker world was on the final table determination for the 2019 World Series of Poker Main Event this past weekend, there was another big story that had everyone talking.

Meet the 2019 WSOP Main Event Final Table

Meet the 2019 WSOP Main Event Final Table

The 2019 WSOP Main Event table is set and here are your finalists

Syndicate