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Pokerstars In Talks With New Jersey For Online Poker
Thursday June 19,2014 : RATIONAL IN PRELIMINARY TALKS WITH NEW JERSEY REGULATORS TODAY
Isle Of Man Company moves quickly in the wake of acquisition deal with Amaya Gaming.
With the ink barely dry on the $4.9 billion acquisition agreement, the Isle of Man-based Rational group and its new owner Amaya Gaming are to meet with New Jersey online gambling regulators today (Thursday) for preliminary discussions on the way forward on licensing once the change of ownership has been implemented.
A previous application by Rational in partnership with the land gambling company Resorts Casino Hotel is currently on a two-year suspension pending changes to Rational's structure required by the regulator.
Amaya has already been approved for Internet gambling operations in New Jersey as the platform for Caesars Interactive.
The Associated Press news agency reports that DGE director David Rebuck will take part in the discussion, and commented Wednesday:
"We've had discussions with Amaya to reactivate the application, and we plan to begin discussions with them tomorrow. We'll look at whatever they bring over.
"I think in the long run it will be a good story for Poker in New Jersey. I'm optimistic that they know what the rules are, and I fully expect them to be very aggressive because they want to be here."
Rebuck added that he could see Amaya getting approval to operate PokerStars in New Jersey by the fall.
Amaya spokesperson Marie Jones told AP that the company is optimistic that approval can be quickly achieved. No documents have been filed, but she expected a licensing application to be submitted by next week.
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.
Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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