Pokerstars Denied New Jersey Gaming License?

Debi

Debi

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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.
 
Debi

Debi

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Some reports are saying they were not declined - but not approved either. Could be a wait and see situation but whichever it is they won't be doing anything soon.
 
curtinsea

curtinsea

Rock Star
Some reports are saying they were not declined - but not approved either. Could be a wait and see situation but whichever it is they won't be doing anything soon.

Wendeen has walked back her story just a bit. For sure, pokerstars is not (yet) on the list of transactional waivers granted. But it has been pointed out by both parties (Pokerstars and NJ DGE) that this alone does not mean they will be denied or delayed.
 
edik2202

edik2202

Rock Star
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.
would like to see American players on PokerStars! a pity it took so long can not resolve the issue with the license!
 
R

redwards92

never going to move up
I assume they would have another server for new jersey ? pokerstars.NJ/us

something like that.
 
Blobweird123

Blobweird123

CC's very own Dead Head
I don't think it would have pokerstars in the domain at all, will be the name of the casino most likely

No it will be Pokerstars. The casino is allowing them a physical address to operate from in the US so they are a partnership, but the software would be Pokerstars. And yes, it would be Pokerstars.NJ or something like that and would not include the rest of the world.
 
curtinsea

curtinsea

Rock Star
No it will be Pokerstars. The casino is allowing them a physical address to operate from in the US so they are a partnership, but the software would be Pokerstars. And yes, it would be Pokerstars.NJ or something like that and would not include the rest of the world.

I disagree, in fact I believe what you are going to see is the Full Tilt platform with a full suite of games, not (necessarily, but still possibly) Pokerstars' software.

I have no inside knowledge that this will be the case, do you?
 
L

lilturkgirl86

Enthusiast
just a shame we can't have poker up and running already here in the us on pokerstars, while the rest of the world basically gets to enjoy it.. gotta keep waiting i guess
 
R

redwards92

never going to move up
I disagree, in fact I believe what you are going to see is the Full Tilt platform with a full suite of games, not (necessarily, but still possibly) Pokerstars' software.

I have no inside knowledge that this will be the case, do you?

Actually I did hear a while back that stars was planning on turning full tilt into a full style casino gaming website/platform also including poker like bodog.
 
A

AAChipMagnet

Visionary
I'm not surprised that they might, or did, deny them. They want to keep the gaming in house I'm sure, as most states will probably elect to want to do if they ever do. Not only that but the games could represent competition to their lotteries, etc. and Indian owned casinos.
 
R

redwards92

never going to move up
I'm not surprised that they might, or did, deny them. They want to keep the gaming in house I'm sure, as most states will probably elect to want to do if they ever do. Not only that but the games could represent competition to their lotteries, etc. and Indian owned casinos.

pretty sure both 888 and party were issued licenses
 
supernuts25

supernuts25

Visionary
I wish pokerstars would be able to come back soon. kinda makes you wonder if the real reason is that they don't want pokerstars to take over the market and they don't want to share profits with pokerstars and just do things themselves. cause im sure the legal ones right now don't want pokerstars to compete with. just a thought anyways
 
Blobweird123

Blobweird123

CC's very own Dead Head
I disagree, in fact I believe what you are going to see is the Full Tilt platform with a full suite of games, not (necessarily, but still possibly) Pokerstars' software.

I have no inside knowledge that this will be the case, do you?

So how do you disagree, and then say in fact but yet you have no inside knowledge? I am basing my opinion off the fact that Pokerstars signed up for a license as Pokerstars, not FTP. FTP is on DOJ's shit list more so than PS so you won't be seeing FTP. And that's based off of actual knowledge.
 
BLACKSTACK

BLACKSTACK

Visionary
When op sites get theyre licence from nj,will it be only for nj residents or will it also be for usa or worldwide?

If its only for nj residents it will suck until other states join in but if nj can play worldwide,well about time some progress is done.
 
R

redwards92

never going to move up
So how do you disagree, and then say in fact but yet you have no inside knowledge? I am basing my opinion off the fact that Pokerstars signed up for a license as Pokerstars, not FTP. FTP is on DOJ's shit list more so than PS so you won't be seeing FTP. And that's based off of actual knowledge.


I didn't he realize he wrote that in his post lol.

But I agree with you, blob, that is also what I have read is that they are applying under the pokerstars name/company.
 
S

samitheman99

Rising Star
i feel 4 the US players but then again they have vegas lol , keeps ur fingers crossed it will come one day
 
curtinsea

curtinsea

Rock Star
So how do you disagree, and then say in fact but yet you have no inside knowledge? I am basing my opinion off the fact that Pokerstars signed up for a license as Pokerstars, not FTP. FTP is on DOJ's shit list more so than PS so you won't be seeing FTP. And that's based off of actual knowledge.

Well, what I said was "in fact I believe" so don't take me out of context.

Now you are asserting that Pokerstars signed up for a license as Pokerstars, not FTP. Have you seen the application? Did you not know that there is a parent company called Rational Group US Holdings that is actually the applicant, not Pokerstars or Full Tilt?

Also, Full Tilt is not on any shit list, the company that was Full Tilt was gutted and its assets sold, it no longer exists in the form that the DoJ had issue with.
 
newbie in training

newbie in training

Legend
I really dont care which one comes bacj they can both have my business and merge bet online blacj chip poker can burn in hell jk lol but siriouslh id ditch these sites. No doubt if freerolls got cut off

Sent from my SAMSUNG-SGH-I537 using Tapatalk 2
 
Blobweird123

Blobweird123

CC's very own Dead Head
Well, what I said was "in fact I believe" so don't take me out of context.

Now you are asserting that Pokerstars signed up for a license as Pokerstars, not FTP. Have you seen the application? Did you not know that there is a parent company called Rational Group US Holdings that is actually the applicant, not Pokerstars or Full Tilt?

Also, Full Tilt is not on any shit list, the company that was Full Tilt was gutted and its assets sold, it no longer exists in the form that the DoJ had issue with.

If we are going to nitpick further, what does "in fact I believe" even mean? Either you believe it (opinion) or its fact. Not both lol

Did you read the headline to the link? Pretty sure it says Pokerstars lol. So umm yeah idk what to think about you arguing it with a link that says what I believe.

Overall, which would Pokerstars rather enter the US as? PS which has wayyy more history of being the bigger and better company, or FTP which has had a lot of turmoil and not as many registered players? I'd think they'd go with PS all day every day hands down no question. But you can in fact believe what you will.
 
curtinsea

curtinsea

Rock Star
If we are going to nitpick further, what does "in fact I believe" even mean? Either you believe it (opinion) or its fact. Not both lol

It's a fact that I not only disagree with you, I believe something completely different. I'm not sure why you are having so much trouble with that, maybe you're just leveling me for entertainment value, but whatever.

Did you read the headline to the link? Pretty sure it says Pokerstars lol. So umm yeah idk what to think about you arguing it with a link that says what I believe.
It says Rational Group has entered into an agreement with Resorts Casino. It's the opening line, didn't you read it?


Look . . . . .

NJ allows a full suite of online games
Casino games are far more profitable than is poker
Casino games are not dependent upon player liquidity
Full Tilt is being expanded into casino games
Rational Group owns the Full Tilt property
Rational Group has partnered with Resorts Casino in New Jersey
Rational Group has applied for an internet gaming license in New Jersey

Now, add all that together and the logical conclusion is we will see Full Tilt with a full suite of games in New Jersey, should Rational Group get it's internet gaming license. Does that mean we won't see Pokerstars? No, not at all. But what I believe is that players who are so hung up on seeing Pokerstars return to the US are missing what should be an obvious angle shot here. It's no coincidence that they would expand Full Tilt to casino games after seeking a gaming license in NJ.

Overall, which would Pokerstars rather enter the US as? PS which has wayyy more history of being the bigger and better company, or FTP which has had a lot of turmoil and not as many registered players? I'd think they'd go with PS all day every day hands down no question. But you can in fact believe what you will.
I get that players are all focused on Pokerstars and Pokerstars alone. But you seem to ignore that igaming in NJ is more than poker, and while we will probably see the Pokerstars brand, it's the full casino suite that they can offer with Full Tilt that will be the most profitable.
 
Blobweird123

Blobweird123

CC's very own Dead Head
It's a fact that I not only disagree with you, I believe something completely different. I'm not sure why you are having so much trouble with that, maybe you're just leveling me for entertainment value, but whatever.

It says Rational Group has entered into an agreement with Resorts Casino. It's the opening line, didn't you read it?


Look . . . . .

NJ allows a full suite of online games
Casino games are far more profitable than is poker
Casino games are not dependent upon player liquidity
Full Tilt is being expanded into casino games
Rational Group owns the Full Tilt property
Rational Group has partnered with Resorts Casino in New Jersey
Rational Group has applied for an internet gaming license in New Jersey

Now, add all that together and the logical conclusion is we will see Full Tilt with a full suite of games in New Jersey, should Rational Group get it's internet gaming license. Does that mean we won't see Pokerstars? No, not at all. But what I believe is that players who are so hung up on seeing Pokerstars return to the US are missing what should be an obvious angle shot here. It's no coincidence that they would expand Full Tilt to casino games after seeking a gaming license in NJ.

I get that players are all focused on Pokerstars and Pokerstars alone. But you seem to ignore that igaming in NJ is more than poker, and while we will probably see the Pokerstars brand, it's the full casino suite that they can offer with Full Tilt that will be the most profitable.

Please go to any link about the poker licensing in NJ right now and see that Pokerstars, NOT FTP, has entered an agreement. End of discussion.
 
I

IvanShovski

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Apparently, the New Jersey Division of Gaming Enforcement is scheduled to release its next list of approved internet gaming companies on November 15th. It's still possible that Pokerstars could receive a permit before the end of the month.
 
fletchdad

fletchdad

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Some people have too much time on their hands...........
 
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