October 01, 2015

PokerStars back in the US - NJ Regulator approves Amaya Gaming

The New Jersey Division of Gaming Enforcement has granted Amaya Gaming the right to offer online poker in the state with its brands PokerStars and Full Tilt Poker after some two years of trying to enter the fledgling internet business in New Jersey.

Amaya which will link up with Resorts Casino Hotel in Atlantic City to offer online poker to state residents is seen as a positive to boost the sector there.

With PokerStars entering the US again with its 95 million registered users many observers say it will reshape the state’s fledgling online betting industry which has 17 websites currently offering online gambling.

Now with the world’s largest online poker operator allowed back it is expected to boost revenues in the state which had $122 million in revenues last year, and for the first eight months of this year brought in $96.7 million, an increase of 15.6% over the same period a year ago.

Amaya’s chairman, David Baazov, said he was pleased to add New Jersey to the list of regulated markets that have found PokerStars and Full Tilt suitable to offer real-money online gambling.

“We look forward to bringing our popular brands, innovative technology, marketing prowess and world-class security and game integrity to the growing New Jersey online gaming market,” he said.

The Division of Gaming Enforcement confirmed Wednesday it had issued waivers to six Amaya subsidiaries to operate PokerStars, the world’s biggest poker website, and Full Tilt in New Jersey through a partnership with Resorts Digital. Resorts president Mark Giannantonio said he didn’t know when the sites planned to go live.

PokerStars left the US online gambling sector back in 2011 and with the entry back into New Jersey many expect the company to apply for any state that legalises online gaming in the future.

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