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Pokerstars Denied New Jersey Online Gambling License

Wednesday November 20 ,2013 : POKERSTARS DENIED NEW JERSEY ONLINE GAMBLING LICENSE?
 
Parent company has yet to comment on reports that Resorts-Rational Group partnership has been denied licence.
 
Rational Group, the parent company for Pokerstars and Full Tilt Poker, has reportedly been denied a New Jersey online gambling license in its partnership with Atlantic City casino and hotel Resorts.
 
Breaking the news late Tuesday after speculation earlier this week that a licence would not be forthcoming, the information site Poker News quoted "...a source with direct contact to Resorts ownership."
 
"The source indicated that the DGE [New Jersey Division for Gambling Enforcement] is taking issue with the purported involvement of PokerStars founder Isai Scheinberg, who faces ongoing federal indictment, in the company despite promises to federal authorities that he would no longer hold any management positions," Poker News reported.
 
The publication notes that Scheinberg stepped down as director of the company as part of PokerStars' $731 million settlement with the Department of Justice following the Black Friday shutdowns in April 2011, but has remained outside U.S. jurisdiction to avoid facing criminal prosecution on a string of charges associated with Rational's online poker business activities in the United States.
 
Isai Scheinberg's son, Marc Scheinberg, is currently CEO of Rational Group, and the Poker News source intimated that the company and Resorts Casino and Hotel intend to press on in an effort to gain licensing by showing that the elder Scheinberg no longer runs the company.
 
Approached by Poker News for comment, Rational Group declined to make a statement on the issue.
 
Pokerstars has pledged to spend $10 million building a poker room at Resorts Casino Hotel once the company gains approval.
 
More clarity and perhaps official confirmation of the story will likely surface later today (Wednesday) when the next list of licence approvals is released by the Division for Gambling Enforcement prior to the soft launch of online gaming in New Jersey on November 21.
 
Atlantic City land casino operators already awarded permits are Borgata Hotel Casino and Spa, Golden Nugget Atlantic City, Trump Plaza, Trump Taj Majal and Tropicana Casino and Resort.
 
Caesars Entertainment properties are expected to be on today's list.



Gambling News :

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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