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PokerStars iGaming license at launch in New Jersey is a no go

by Wendeen H. Eolis

BULLETIN!

As exclusively reported at pokerplayernewswpaper.com, on November 7th, PokerStars will not be part of the iGaming fraternity operating in New Jersey on its historic scheduled launch date of November 26th.

Look for statements from PokerStars and/or DGE pledging that the dance continues—but for more on the back story to this state of affairs, stay tuned to pokerplayernewspaper.com.

Your rating: None Average: 5 (1 vote)

PokerStars Competitors Gain Momentum

by Wendeen H. Eolis

This past week has seen a frenzy of activity over the license application submitted by PokerStars to New Jersey regulators.

 This morning previously proven sources with direct knowledge of current affairs reconfirm PokerStars remains shut out of the starting line up for online gaming in the Garden State.

 "No approval tomorrow," say law firms with direct knowledge of late breaking developments.  Insiders closely associated with PokerStars say founders Isai and Mark Scheinberg are actively preparing for worse news on the near horizon.

 More news coming shortly on the pressure brought to bear by competitors outraged by "unfair competition." One lawyer peripherally involved says current "mess" is made by New Jersey Division of Gaming Enforcement making promises to PokerStars that we're not in concert with New Jersey regulatory tradition of stringent suitability requirements. 

Your rating: None Average: 4.3 (6 votes)

PokerStars DGE Licensing Dance Continues

 Wendeen Reports Further Update here

Communications arms of both PokerStars and the New Jersey Division of Gaming Enforcement have come forward to insist PokerStars' licensing application remains active without disputing reports in Poker Player Newspaper that regulators have determined  to keep PokerStars off the list as of this time as part of the starting line up of Internet gaming companies that will begin full operations in New Jersey beginning November 26.

Your rating: None Average: 3.6 (5 votes)

Poker Stars Snubbed by NJ Regulators: Announcements Scheduled for Today

by Wendeen H. Eolis

Update Bulletin: PokerStars Faces Red Lights in NJ 

After months of investigation by the New Jersey Division of Gaming Enforcement, the regulators have made their determinations and are  expected to step up to the plate today with announcements of the companies licensed for Internet gambling in NJ, on the opening date of November 26.  

 The lead up to the announcement has been accompanied by plenty of turmoil among warring parties.  Throughout this period, however, PokerStars and its boosters including various state officials, PS private lobbyists, and high placed friends, have exuded confidence without interruption, only to hear of their failure to secure a license at this time.

 Regulators are said to have railed against pressure to turn a blind eye on the outstanding criminal case against PokerStars founder Isai Scheinberg, arising from his indictment dating back to 2011. Word has also leaked out through sources close to officials in Atlantic City and in the Statehouse of growing concern as to the role of PokerStars founder in the Company's current activities.

While Isai Scheinberg is described by the Company as a "Fellow" and not part of management various opponents to PS licensing are continuing to argue that Scheinberg still operates within the Company as if he is in charge, with respect to matters that interest him. If true, this would violate the Company's settlement agreement with the US Department of Justice in connection with its legal troubles arising from the indictment and companion civil case U.S. v Scheinberg et al. 

Your rating: None Average: 4.1 (7 votes)

PokerStars Thwarted in First Round of New Jersey Gaming Licenses

by Wendeen H. Eolis

BREAKING NEWS!

PokerStars has failed to secure  a gaming license this week for opening date of online gaming in New Jersey according to three insiders with direct knowledge--on both sides of the pond.

The New Jersey Division of Gaming Enforcement is said to have become increasingly concerned about the open criminal case against PokerStars founder Isai Scheinberg who has yet to face charges arising from his indictment of April 15, 2011, brought by the U. S. Department of Justice.  More details tomorrow.

  

Your rating: None Average: 4.5 (8 votes)

Jay Farber and Ryan Riess Going Heads-Up for 2013 WSOP Main Event Title

The penultimate day of the 2013 World Series of Poker Main Event is in the books and after seven and a half hours of play we're down to heads up.  The only non-pro at the table, Vegas club promoter Jay Farber, has the chip lead on his side while 23-ywar-old pro Ryan Riess has confidence, some say arrogance, on his. Farber was responsible for three eliminations and Riess took the other four as the two completely dominated the final table in slightly different styles. Farber mixed it up more and was extremely aggressive, while Riess was more surgical in picking his spots before a loud crowd at the Penn & Teller Theatre at the Rio All-Suite Hotel and Resort.
 

The “2013 WSOP November Nine” Set to Compete for $500,000 Main Event Bracelet by Jason of Beverly Hills

LAS VEGAS—Famed Jason of Beverly Hills founder and designer Jason Arasheben – known for creating edgy and lavish statement jewelry for celebrities and athletes including Jennifer Lopez, Mariah Carey, Sean “Diddy” Combs, Katy Perry, Rihanna, Justin Bieber and LeBron James – is the exclusive championship jewelry designer for the 2013 World Series of Poker® (WSOP).

 On November 4 and 5 the “2013 WSOP November Nine” will compete for the coveted Main Event bracelet, which includes more than 28 carats of brilliant white diamonds – including two black diamonds and two rubies to represent each card suit – set within more than 220 grams of 14-carat white gold. The masterpiece required 250 hours of labor to design and produce and is valued at approximately $500,000.

 For the first time, the WSOP Main Event bracelet will also be customized to the winner, as the bracelet design includes the two “hole cards” dealt during the WSOP Main Event final hand. Immediately after the event, Arasheben will laser cut each card to correspond to the winning hand of the new World Champion.

Your rating: None Average: 4 (2 votes)

The Big One for One Drop Returns to the 2014 WSOP

The biggest buy-in event in World Series of Poker history will return for 2014. The Big One for One Drop will take place over three days, from June 29 to July 1, 2014, with a field capped at 56 players (comprised of seven eight-handed tables). According to the press release, the first place prize has the potential to reach in excess of $20,000,000 if every seat is filled, with 16-20% of entrants receiving a portion of the prize pool, depending on the final number of entrants. Unlike the rest of the WSOP events next year, the Big One will be held at Caesars Palace, except for the televised final table which will be played at the Rio All-Suites Resort. 
 
The WSOP issued the following press release with further details on this year's event:
 

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Former World Champions Tom McEvoy & Scotty Nguyen Elected to WSOP Hall of Fame

On Saturday the World Series of Poker announced the names of the two new members of the WSOP Hall of Fame. Former world champs Tom McEvoy and Scotty Nguyen are the two members of the class of 2013 and will be formally inducted on Sunday, November 3rd, the day before the start of this years Main Event final table. Check out the WSOP press release with the Hall of Fame announcement:
 
1983 World Series of Poker Main Event champion Tom McEvoy and 1998 world champion Scotty Nguyen will become the 45th and 46th individuals to be inducted into the Poker Hall of Fame. The two were nominated by the public and voted in by a 37-person panel made up of existing Poker Hall of Famers and members of the media, it was announced today by the Poker Hall of Fame Governing Council.
 

Lyle Berman First Inductee To MN Poker Hall Of Fame

Shakopee, MN  --  Lyle Berman is the first member of the newly formed Minnesota Poker Hall of Fame. The announcement, made Friday at a ceremony held at Canterbury Park Card Casino in Shakopee, MN, came as no surprise to industry professionals and poker players. Berman, at the forefront of several successful Minnesota businesses, has been a key player in the gaming industry since co-founding Grand Casinos Inc. in 1990. He is a professional poker player with three World Series of Poker bracelets and more than $3 million in poker tournament winnings.

Your rating: None Average: 4 (2 votes)

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