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Sunday December 15,2013 : SUSPENSION OF POKERSTARS LICENSE APPLICATION JUSTIFIED, SAYS LAWMAKER.
Former land casino exec turned politician says New Jersey's integrity must be maintained.
New Jersey Assemblyman Ralph Caputo - a former land casino exec - has spoken out in favour of the Division of Law Enforcement's decision to suspend the Pokerstars online gambling license application for up to two years unless changes are made at the online poker giant.
In a public statement released by his office, Caputo said:
“This is the right thing to do for the integrity of New Jersey’s gaming industry. PokerStars has a sordid history of criminal accusations, and we cannot risk New Jersey’s reputation as a place where gaming is enforced diligently."
“New Jersey is known for rigorous standard licensing practices. To allow a company like this one to come into New Jersey would be an insult to everyone who has gone under scrutiny to work or do business in the casino industry over the last 30 years,” Caputo claimed, showing a clear negative bias.
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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