Pokerstars Reportedly Still In Discussions With New Jersey Gaming Authorities

Published on November 15th, 2013 8:49 pm EST

Another week has passed and Pokerstars still has not received a transactional waiver to enter the opening New Jersey online gaming market.

The New Jersey Division of Gaming Enforcements issued approvals for a number of Internet Gaming Vendors and Ancillary Companies earlier today, but Pokerstars still has yet to receive a transactional waiver.

Last week, Pokerstars stated that their "application remains under review by the New Jersey Division of Gaming Enforcement" and that they "remain committed to working with the Division to complete the review process." It is assumed that discussions between the New Jersey Division of Gaming Enforcement and Pokerstars are still ongoing.

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The "soft launch" of the New Jersey online gaming market will begin next week (November 21st). Assuming that the "soft launch" is successful, approved companies will be able to conduct a "full launch" when the New Jersey online gaming market officially opens for business on November 26th.

A number of partnerships, including Betfair/Trump Plaza Associates and Bwin.Party USA/Borgota Hotel Casino + Spa/Cams, LLC, received their transactional waivers last week. These gaming partnerships are going to get a leg up on Pokerstars, as they will all almost certainly be able to initiate a "full launch" on November 26th.

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As stated before, there are a number of factions, namely the American Gaming Association, who remain steadfastly opposed to Pokerstars (through their partnership with Resorts Casino Hotel) entering the New Jersey market.

The American Gaming Association has raised the issue of Pokerstars having continued to serve the American market post-UIGEA as the main reason why the world's largest online poker site should be denied entry into the New Jersey market, while Pokerstars has claimed that their settlement with the US government allows them the same rights as any other company trying to enter new US markets.

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One thing is for sure - the New Jersey online gaming market will almost certainly be opening up without Pokerstars/Resorts Casino Hotel on November 26th.

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Filed Under: Online Poker Rooms