NJ locks PokerStars out of its Internet betting for 2 years, citing executive’s indictment

Wayne Parry, The Associated Press 0

ATLANTIC CITY, N.J. – New Jersey casino regulators have barred the world’s largest online poker website from Internet gambling in the state for two years.

The state Division of Gaming Enforcement on Wednesday suspended the application of PokerStars, citing an unresolved federal indictment accusing company founder Isai Scheinberg of violating federal gambling statutes. It says PokerStars can reapply within two years 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’s seeking another online partner.

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

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