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NJ suspends PokerStars net bet application 2 yrs

Local News | Dec 12, 2013

NJ suspends PokerStars net bet application 2 yrs

ATLANTIC CITY, N.J. (AP) — New Jersey casino regulators have barred the world’s largest online poker web site from Internet gambling in the state for two years.

The state Division of Gaming Enforcement suspended the application of PokerStars for two years on Wednesday, citing an unresolved federal indictment against company founder Isai Scheinberg for allegedly violating federal gambling statutes.

It says PokerStars can reapply sooner if its circumstances change.

PokerStars says it’s disappointed but promises to let New Jersey know if things change.

Also disappointed is Resorts Casino Hotel, which had partnered with PokerStars in anticipation of offering Internet gambling. Resorts won’t say if it is seeking another online partner.

PokerStars was expected to have difficulty getting approved to own The Atlantic Club, which it tried to buy last year before the deal died.

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