Debi
Forum Admin
Administrator
It is being reported that New Jersey has denied a gaming license for poker stars. The fact that they reached a deal with the DOJ is not helping them in this case.
The impending criminal case against Isai Scheinberg appears to be the main reason for the denial.
Although he apparently handed over the company to his son it appears he is still involved in company operations to some degree. The Atlantic Club Casino Resort claimed in court that he was involved in some phone discussions when their deal was being discussed.
Hopefully he and Paul Tate will commit to staying out of the company and they will have another opportunity in the future to apply for a license.
It was also reported yesterday that the Atlantic Club Casino Resort had filed for bankruptcy.
The impending criminal case against Isai Scheinberg appears to be the main reason for the denial.
Although he apparently handed over the company to his son it appears he is still involved in company operations to some degree. The Atlantic Club Casino Resort claimed in court that he was involved in some phone discussions when their deal was being discussed.
Hopefully he and Paul Tate will commit to staying out of the company and they will have another opportunity in the future to apply for a license.
It was also reported yesterday that the Atlantic Club Casino Resort had filed for bankruptcy.