Amaya & New Jersey officials meet over gaming license

Star Tribune – A Canadian company buying the PokerStars website will begin licensing talks with New Jersey casino regulators aimed at letting the world’s largest Internet poker site operate legally in the state, the state’s top casino regulator said. The state Division of Gaming Enforcement will begin the talks Thursday with Amaya Gaming Group, which is buying PokerStars and Full Tilt Poker for $4.9 billion, division director David Rebuck told The Associated Press. Most importantly, the sale involves PokerStars executives charged with fraud and money laundering resigning from the company. That would appear to clear the way for PokerStars to…

New Jersey online poker monthly revenue hits new low

iGaming Business – New Jersey online poker revenue levels hit a new low in May after the US state’s Division of Gaming Enforcement (DGE) reported a second consecutive monthly decline in internet poker revenue. The DGE posted online poker revenue of $2.3 million in May, a decrease of about 12.3% compared to the previous month. In April, the state also suffered a 19.3% month-on-month revenue drop to $2.6 million, but the May figures place online poker revenue at its lowest since it became regulated in New Jersey late last year. Total internet gaming win for May was $10.5 million, down from…

Is Legal Online Poker coming to a state near you?

4Flush – Legal online poker is currently available in three US states, Nevada, Delaware, and New Jersey, and it may soon be coming to a state near you thanks to the 2011 reversal of their interpretation of the Wire Act –after declaring the Wire Act applied to all forms of online gambling back in 2002, the DOJ now feels it only applies to sports-betting. This new interpretation opened the door for states to pass online gambling legislation, and with the federal government unlikely to take action either way, it appears online gambling will be left up to each state for…

New Jersey: Sports betting ban violates states’ rights

Las Vegas Sun – New Jersey is bolstering its legal arguments as it tries to get the U.S. Supreme Court to consider its effort to overturn a ban on legalized sports betting in all but four states. In a filing submitted Tuesday, the state says the federal law needs to be reviewed immediately. Theodore Olson, who won the Bush v. Gore election case in 2000, says the ban impermissibly restricts states’ rights. He also says the high court needs to consider the way the law treats states differently. The law restricts sports betting to states that met a 1991 deadline…

Bill would let New Jersey residents sign up for “no-gambling” list without admitting problem

NJ.com – Those who want to stop themselves from being allowed to gamble in New Jersey would be able to without admit a gambling problem under legislation advanced by a Senate panel today. New Jersey keeps lists of people who have self-excluded themselves from gaming activity, either at Atlantic City casinos and online or just online. But in order to get on the lists, an applicant has to acknowledge he or she is a “problem gambler.” For some, that’s a step too far, according to those who deal with gambling addicts. “This is an option for people who are thinking…

Bovada to stop accepting new online poker players in New Jersey

iGaming Business – Online gambling and betting firm Bovada has announced it will no longer be accepting new registrations for its online poker service in New Jersey. Bovada offers online poker in the US state through its Bovada.lv website, but will no longer be taking new applications. In a statement, Bovada said: “Our partner brand Bovada.lv has chosen to stop new account registrations for residents of the state of New Jersey. Existing account holders will not be affected. “This is a decision they have taken of their own volition and they hope that their existing customers continue to enjoy all…