by Haley Hintze
New Jersey’s Lesniak Seeks International Players – New Jersey State Senator Ray Lesniak, one of the state’s most instrumental legislators in getting New Jersey to authorize and offer intrastate online poker, has now proposed legislation which would allow the state’s licensed online sites to accept players from other countries in addition to New Jersey residents and visitors. Lesniak’s new S980, with State Sen. Jim Whelan as co-sponsor, renews a bill sponsored by Lesniak in late 2013 which would allow the international players, though players from other US states would still be barred.
by Haley Hintze
FIRST EVENT IN BORGATA WINTER POKER OPEN FROZEN AFTER BOGUS CHIPS CONFIRMED
The Borgata’s annual Winter Poker Open suffered a blow when New Jersey gaming regulators ordered the cancellation of the WPO’s opening event after a large quantity of counterfeit chips were discovered. Twenty-seven players remained in the event, a $560 buy-in tourney which drew a massive 4,814-player field, when the full extent of the cheating was uncovered. No arrests have been made in the matter, nor has a final resolution been made regarding a possible distribution of more than $1.4 million in prize money to the event’s remaining players.
ATLANTIC CLUB DOORS CLOSE AFTER TUMULTUOUS FINAL YEAR
Atlantic City’s Atlantic Club Casino closed permanently on January 13th after court approval of an asset purchase by two AC competitors, Caesars and Tropicana. The Atlantic Club entered bankruptcy proceedings last year, shortly after backing out of a deal with PokerStars that could have kept the casino, Atlantic City’s oldest, open—pending regulatory approval for PokerStars, which may have been unlikely. The Tropicana claimed the gaming equipment while Caesars assumed ownership of the hotel and land itself in the accepted deal; the closing of the Atlantic Club itself resulted in layoffs for the casino’s approximately 1,800 workers.
PARTYPOKER SIGNS MARKETING DEAL WITH 76ERS, DEVILS
By Wendeen H. Eolis
Last week the New Jersey Division of Gaming Enforcement finally announced that PokerStars' application for a gaming license has been suspended for two years—with one pointed equivocation. If the Company seeks relief from this suspension, based on appropriately “changed conditions” within the Company, the DGE says its license application may be reassessed sooner.
The DGE cites the unresolved indictment of PokerStars founder Isai Scheinberg as the "primary" cause for the decision. Insiders close to the regulator say there are various other management concerns in the mix, notably including questions as to Isai Scheinberg’s current involvement in Poker Stars. A settlement agreement between the Company and the U.S. Department of Justice, (arising from the Government’s prosecution, U.S. v Scheinberg et al April 15, 2011) presently prohibits Isai Scheinberg from assuming any leadership role in the Company.
Truths and Consequences
It is hard to imagine separating the Scheinberg name from PokerStars; it stands for immense technical know-how in the world of online poker security, an uncanny understanding of the poker business, exceptional responsiveness to customers' wants and needs, and impeccable financial integrity with its patrons. These are the hallmarks of Isai Scheinberg’s PokerStars and they continue to be at the heart of the Company’s operating philosophy with its customers, under his son Mark Scheinberg, say their legions of fans. The younger Scheinberg now holds the reins as CEO,
The Company’s detractors, however, debate PokerStars' business principles beyond the glow of customer satisfaction. Reports of uneven relationships and questions of fairness on the part of the Company in their arrangements with various corporate business partners and a large force of independent contractors surface periodically. So do complaints of a corporate strategy that promotes and endorses "uninformed accusations" of character deficiencies of successful competitors and others not in favor with the Scheinbergs. The chief gripe noted by several competitors and former service providers is "bad-mouthing that emanates from the top of the pyramid,”
by Haley Hintze
SEVEN NJ CASINOS GRANTED INTERNET GAMING APPROVAL
A late rush in approvals by New Jersey’s Division of Gaming Enforcement saw seven of the state’s 12 casinos and a total of 13 online sites approved for the state’s soft launch of real-money online gaming, which began as scheduled on November 21st. The sites approved included www.Borgatacasino.com, www.Borgatapoker.com, www.NJ.Partypoker.com, www.HarrahsCasino.com, www.WSOP.com, us.888.com, us.888poker.com, us.888casino.com, www.CaesarsCasino.com, www.tropicanacasino.com, www.virgincasino.com, www.betfaircasino.com and www.ucasino.com. The late additions included six Caesars affiliated sites, with Caesars owning four of the state’s 12 land-based casinos.
VADIM TRINCHER, TWO SONS PLEAD GUILTY IN NYC GAMBLING CASE
Caesars Interactive Entertainment Launches Three Online Casino Websites for New Jersey Residents & VisitorsNovember 21, 2013 - 3:40pm
Marks 1st Time in U.S. that Caesars & Harrah’s Offer Real-Money Online Gaming
ATLANTIC CITY, NJ (November 21, 2013) – On June 26, 1979, Caesars Atlantic City first opened its doors. Now 34 years later, a new era of gaming in New Jersey begins, as three online real-money gaming offerings under the Caesars umbrella begin entertaining New Jersey residents and visitors.
by Haley Hintze
BORGATA, OTHER NJ ONLINE POKER SITES PREP FOR NOV. 26TH OPENING
Atlantic City’s Borgata Hotel Casino & Spa received the first interactive gambling license to be issued by New Jersey state gambling regulators. The license, granted in early October, means that the Borgata will be among the Atlantic City casinos expected to launch real-money online gambling, including poker, on Tuesday, November 26th. The live date for realmoney action will follow a brief, five-day soft launch for final software and hardware testing. The Borgata is a collaborative venture owned by Boyd Gaming and MGM Resorts International, and its online brands are expected to be powered by bwin.party software. All 12 Atlantic City casinos are seeking approval to launch online versions of their brands, which will be available to anyone age 21 or over who is physically present in New Jersey.
ZYNGA WITHDRAWS NEVADA IGAMING APPLICATIONS