..

Ultimate Poker Leaving New Jersey Market?

Written by:
Ace King
Published on:
Jul/10/2014
Ultimate Poker Leaving New Jersey Market?

It’s no secret that online poker in the state of New Jersey has underperformed.

Ultimate Poker, one of a handful of online gambling firms licensed by the New Jersey Gaming Commission, announced on Friday September 19, 2014 it would be leaving the New Jersey online gambling market after the Taj Mahal announced pending bankruptcy. 

Robert Dellafav of OnlinePokerReport.com predicted the exit earlier this summer

As much as I’ve been an advocate of Ultimate Poker’s home-grown approach to online poker, I can’t see it surviving long into the PokerStars era. Its prospects in Nevada, where PokerStars will remain a non-player are better, but even there it trails WSOP.com by a wide margin.

Chan’s departure foreshadows what is probably the departure of Ultimate Poker from NJ’s market. Sorry UP, it’s been a fun ride.

Dellafav was referring to one Terrance Chan, who announced he and Ultimate Poker were parting ways just over a year after entering into their business arrangement.

UltimatePoker.com is the brainchild of the Fertitta Brothers, owners of both the UFC and Station Casinos.  They joined forces with one of Atlantic City’s most popular casino establishments, the Taj Mahal.

- Ace King, Gambling911.com

Poker News

$5,000,000 High Five Tournament Series Returns 4 20 Days

$5,000,000 High Five Tournament Series Returns 4 20 Days

The High Five poker tournament at Americas Cardroom returns, bigger, better - and can we be blunt - four times richer than the previous tournament, with $5,000,000 in guarantees. It runs September 10th-29th.  And WE'ED love to see you win it.

Poker Player Calls Cops After Busting Tournament And Gets Herself Arrested

Poker Player Calls Cops After Busting Tournament And Gets Herself Arrested

An unidentified female poker player busted then got busted, literally, all after earlier offering to flash her breasts.

PartyPoker War on Bots Continues, Closes to Serbian Market

PartyPoker War on Bots Continues, Closes to Serbian Market

PartyPoker continues to wage war on bots, this time resulting in the termination of 121 fraudulent accounts and $76,267 and €88,351 confiscated.

Winners of Seminole Hard Rock Poker Open Announced

Winners of Seminole Hard Rock Poker Open Announced

For the fifth consecutive year, the Seminole Hard Rock Poker Open (SHRPO) concluded with the crowning of The Big 4 champions at the Hard Rock Event Center at Seminole Hard Rock Hotel & Casino Hollywood.

Embattled Houston Poker Room Wins Again

Embattled Houston Poker Room Wins Again

Nuisance lawsuits against Prime Social Poker Room and Post Oak Poker Club have been dropped.

Syndicate