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Amaya Pokerstars Temporary license renewed in New Jersey

Friday April 1,2016 :  AMAYA - POKERSTARS TRANSACTIONAL WAIVER RENEWED IN NEW JERSEY
 
Full Tilt and Pokerstars can continue to operate in the regulated online gambling market for another six months.
 
Amaya management must be breathing a sigh of relief following the news today (Friday) that the New Jersey Division for Gaming Enforcement has renewed the transactional waiver that enables it to operate for a further six months whilst its full licence remains under consideration.
 
In a three week period filled with bad news for the online gambling group which has included the prosecution of CEO David Baazov for insider trading and the filing of a New York class action against the company and its two top executives (see previous InfoPowa reports) it was a welcome bright spot.
 
Amaya announced the renewal in a press statement Friday, revealing that Pokerstars and Full Tilt will continue to operate in New Jersey, where a promising debut was achieved on March 21.
 
Amaya initially received its transactional waiver to operate PokerStars and Full Tilt in New Jersey on Sept. 30, 2015, but this expired at the end of March with the full licence deliberations by the regulator still underway, necessitating the renewal of the waiver for a further six months.
 
The Amaya press statement notes that:
 
"Amaya currently estimates that since its launch, PokerStars New Jersey has contributed to the growth of the New Jersey real money online poker market and has quickly become the market leader in online poker, with players responding positively to the quality of the software, selection of games, and the integrity and security of the platform. The site has also seen promising engagement with its casino offering."
 
Interim Amaya CEO Rafi Ashkenazi commented in the statement:
 
"While it's very early, we're extremely pleased with the initial launch of PokerStars in New Jersey and the positive working relationship that Amaya has with the DGE. I'm very proud of our employees, including those we have hired in New Jersey, who have worked diligently to prepare for the launch of a robust, stable platform backed by great customer service. We hope to continue our early positive momentum in the market as PokerStars NJ continues to roll out additional marketing and promotions."

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Gambling News :

PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republicís new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

Time is Money Slot Launches - Set to a catchy tune, Time is Money offers a free spins bonus where all wins are multiplied by up to x12 by a random multiplier, selected from the time traveling clock.

ArenaCube Signs 3 New Deals - Under their strategic partnership, ArenaCube and Kiron will develop and launch a new version of Arena Challenge in 2017. The new version of the game will carry Kironís virtual content.

First Woman to Win a WPT Playground Championship - Besting a field of 380, in the C$3,500 buy-in event, Zajmovic beat Jean-Francois Bouchard in heads up play, pocketed the C$261,000 first prize and a seat in the season ending WPT Tournament of Champions.

NHL Odds: Oilers-Blackhawks at the United Cente - Fans at the United Center will be treated to a potential Western Conference playoff preview this Saturday when the upstart Edmonton Oilers visit the Chicago Blackhawks. The puck drops at 7 PM ET on WGN.

2017 Partypoker.net WPT Playground main event Results - Although she entered the heads up against Jean-Francois Bouchard with a chip deficit, Zajmovic was able to get herself back in the game with some skillful and disciplined playing, eventually overtaking the leader and finally leveraging her chip advantage into a decisive win.

IGT In Deal With Norsk Tipping - International Game Technology has announced a new contract signing which will see it providing interactive casino and Instant Win game libraries and custom games through a remote game server to Norwegian gambling group Norsk Tipping.

ZYNGA POKER ENJOYS IMPRESSIVE GROWTH IN 2016 - By re-focusing on the mobile environment and poker, social gaming giant generates revenue of $741 million - without offering real money games!

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