PokerStars could be granted license in New Jersey by Fall 2014

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PokerStars-Logo-BlackThe New Jersey Division of Gaming Enforcement says they are optimistic that a license to operate online gaming could be issued by this fall to Resorts Casino, the New Jersey casino operator that plans to offer both casino games and online poker using both PokerStars and Full Tilt Poker brands once the licenses are obtained pending regulatory approval.

With the acquisition of PokerStars parent Rational Enterprises by Amaya recently announced, and with the Scheinberg Family committed to fully divesting all of their assets in the company, their should be no major hurdle remaining in securing a license in New Jersey. Licensing talks with the DGE resumed last week.

“We welcomed the recent announcement by Amaya Gaming Group, Inc of its plans to acquire Rational which we expect will move the regulatory approval process forward,” Morris Bailey, owner of Resorts Casino Hotel, is quoted in a press release issued late last week.

“PokerStars is the leading world-wide brand in online gaming and we are looking forward to our future with them in New Jersey.”

In summer of 2013, after Rational Group and Resorts Gaming signed a deal that would bring Poker Stars and Full Tilt to New Jersey. Later that year, in December, Rational’s application was suspended for two years with the reason for the denial due to the “continued association with its founder, Isai Scheinberg” and the outstanding indictment with the US Government.

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