Another NJ Assemblyman has publicly stated his opposition to allowing Pokerstars to enter the NJ online gambling market. In an open letter to the Asbury Park Press, Assemblyman Ron Dancer of the 12th Legislative District and a member of the Tourism, Gaming and Arts Committee, outlines his reasons for prohibiting Pokerstars from coming into the […]
NJ State Assemblyman, Ralph R. Caputo, Chair of Tourism, Gaming and the Arts, is no fan of Pokerstars. Caputo publicly cheered Pokerstars’ previous failures in NJ when they first were trying to get licensed and subsequently when they were shut out of the Atlantic Club Casino purchase. Caputo does not mince words. His distaste for […]
Will Online Gambling Survive in New Jersey? | Online Casino Reports.
A recent decision by the Federal District Court could put a chill into the numerous US poker and casino players who have in the past or continue to play with offshore companies. In it, the government claimed that FirePay, PokerStars, and PartyPoker are all financial institutions because they function as “commercial bank[s].” Because the taxpayer […]
Finally we are getting to see the real numbers that the online gambling industry in NJ is generating. That is, we are now getting a peek inside the operations and are seeing the true operating costs of running this type of business and it does not look pretty. The operators are clearly losing money as […]