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Is pokerstars Ready To Launch in New Jersey

Saturday October 31,2015 :  IS POKERSTARS PREPARING FOR A NEW JERSEY LAUNCH?
 
Email to former US players interpreted as such.
 
US poker players who used PokerStars before it was shuttered on Black Friday in 2011, but who have ignored repeated calls to claim any restricted funds in their accounts, received an interesting email from the company this week which observers believe may indicate the online poker giant is gearing up for a New Jersey launch.
 
PokerStars recently achieved transactional waiver status as a precursor to full licensing by the Division for Gaming Enforcement in the Garden State, with one of the conditions being that the company "...escheat to the State of New Jersey all funds remaining in any PokerStars’ accounts for New Jersey players received prior to April 15, 2011."
 
The full email reads:
 
"We first informed you in April 2011 that you have an account with PokerStars with the balance above and how to obtain the funds. To date you have not claimed the funds. As we recently have received approval in New Jersey and anticipate beginning to offer real-money online gaming soon, we wanted to provide you with the opportunity to obtain the funds.
 
"Please contact us immediately to obtain the funds, either in person, in writing (to PokerStars, c/o Fox Rothschild, LLP, 1301 Atlantic Avenue, Suite 400, Atlantic City, New Jersey 08401), or by email to support@pokerstars.net. You can also do this by logging into your PokerStars account. You’ll then be able to request the return of your remaining balance which we’ll process as quickly as possible.
 
"Our review of the account xxxxxxx indicates that there has been no contact or activity in your account for at least three years. Under New Jersey’s Uniform Unclaimed Property Act, we are required to make a diligent attempt to renew contact. If contact is not renewed we are required to transfer your account to the custody of the State of New Jersey. The State is required to maintain custody of these funds until you come forward to claim them from the State. The State must pay you interest when the funds are returned.
 
"If contact is not renewed by December 28 2015, we are required by law to transfer these funds to the custody of the State of New Jersey. Once the funds are transferred to the State, you will need to submit a claim to the New Jersey Unclaimed Property Department to recover your funds in accordance with the New Jersey’s Uniform Unclaimed Property Act."

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Gambling News :

Spinomenal Appoints Eduardo Tupper as COO - Israeli software developer, Spinomenal, has appointed former chief operating officer of Ortiz Gaming, Eduardo Tupper, as Senior Vice President.

Ninja Power Slot Launched By Slotland - I think our players will be inspired by the ninja warrior characters the game designers have created,” said Slotland manager Michael Hilary. “These warriors fought hard, gave it all they had. Quitting wasn’t an option.

WILL JACK LAM RETURN TO THE PHILIPPINES TO TURN HIMSELF IN? - The Philippines online gambling and bribery scandal keeps throwing up new developments almost daily, with the latest a report that Macau-based online gambling tycoon - the man at the centre of the furore - has put out tentative "surrender" feelers.

Stephen Conroy appointed head of new responsible gambling grou - Conroy retired from politics in September after a 20 year career, and has now been appointed head of Responsible Wagering Australia, a new responsible gambling industry body backed by online gambling operators CrownBet, Sportsbet, Betfair, Unibet and Bet365.

SquwaKa To Enter sports betting sector - Football digital content platform SquwaKa will be entering the sports betting sector with the launch of a new FSB Technology built and powered sports betting service to sit alongside its fantasy sports offer.

Softswiss in game deal with Booming Games - Platform and white label provider SoftSwiss has launched a portfolio of 50 plus Booming Games titles following a partnership deal announced this week.

RaceBets Acquired by Betsson - Niche operator #RaceBets complements #Betsson offering with a proprietary horse racing product and an experienced horse betting trading team.

Playtech buys back 780,000 shares - Playtech's advisory earlier this week that it is to embark on a Euro 50 million share re-purchase initiative has been quickly followed by a notification from the company that it has bought an initial tranche of 780,000 shares at prices ranging between 797.75 and 816.63.

Cash In Roulette - The relatively new online gambling games developer Be The House, has announced that it is to launch its unique Cash In Roulette product with William Hill Online.

EveryMatrix in game deal with Endorphina - #EveryMatrix Prague-based online slot developer Endorphina has found a new outlet for its games, signing a content supply agreement with white label provider EveryMatrix.

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