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Ultimate Poker Coming To New Jersey
Thursday August 8,2013 : NEW JERSEY THE NEXT STEP FOR ULTIMATE GAMING
Partnership with Taj Mahal Associates has applied for New Jersey online poker licensing
Station Casinos, the parent group of Nevada online poker operator Ultimate Gaming, released its Q2-2013 overall numbers Wednesday, posting profits of 11 percent.
However, online poker observers hoping for an insight into the profitability so far of the nascent intrastate online poker activities of Ultimate Poker in Nevada were disappointed - these were not disclosed.
Chief financial officer Marc Falcone nevertheless gave a few tidbits, commenting that an entry into the new Atlantic City online gambling market was the company's next priority, in partnership with Taj Mahal Associates LLC, and that the partnership has applied for online poker licensing in anticipation of a market opening in late November.
“Ultimate Gaming’s entrance into the New Jersey market is our next step in expanding our presence in the online gaming industry,” Falcone said during a conference call.
He also revealed that operating costs associated with the launch of Ultimate Poker.com, which commenced operations just over three months ago in Nevada in a pioneering move for US intrastate online poker, had come in at $1.6 million
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Gambling News :
Is Gibraltar Out of Luck in US Tax Challenge -
Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.
Quickspin are now available in Denmark -
#quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.
UCypher Launches -
Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.
Extreme Live Gaming In deal With Betsson -
Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.
Expansion Mode For BoyleSports -
The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..
Safecharge Q4-2016 -
Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.
ASA Most Controversial Ads of 2016 -
Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.
Yggdrasi To Enter Italian Gambling Market -
Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.
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