Update Bulletin: PokerStars Gets a Red Light in New Jersey
Following a long investigation by the NJDGE, today the regulator will present their conclusions for the organizations licensed for online gambling in New Jersey (opening on the 26th of November).
Leading up to the declaration there has been a lot of turmoil from both sides of the pond. All through this period, in any case, PokerStars and its supporters including different state authorities, PokerStars lobbyists, and high put companions, have radiated certainty without intrusion, only to hear that they have failed to secure a gaming licence for the opening of the NJ online gambling market.
According to sources, the regulator has been pressured to turn a blind eye on the Isai Scheinberg criminal case, which they have resisted. The open criminal case against the Pokerstars founder was brought by the U.S Department of Justice back in 2011 following what has been called the Black Friday prosecution.
There have also been reports from sources near the authorities in Atlantic City and in the Statehouse of developing worry with regards to the current position of Isai Scheinberg in the Company’s present exercises.
At the same time as Pokerstars have portrayed the founder as not being part of the management team anymore, opponents to Pokerstars still say Scheinberg runs the company, and that he is very involved in matters of interest.
If this were to be true, the company is violating the settlement agreement made with the U.S. Department of Justice (U.S. vs Scheinberg)