NEW JERSEY REGULATOR'S REPORT ON POKERSTARS RELEASED
10th October, 2025 at 07:57:31
Source: bluffed.netDirectorate of Gaming Enforcement's investigation was comprehensive and thorough, 89-page report shows. The New Jersey Directorate of Gaming Enforcement has released its 89-page report detailing a conscientious and exhaustive investigation into Pokerstars and its parent group Amaya and their suitability for licensing. The regulator recently issued a transactional waiver to the company, allowing it to enter the New Jersey market in partnership with Resorts Casino Hotel (see previous reports). Highlights of the report include: * Detailed reviews of 45,000 business documents for the period 2025 to the present relating to Amaya and Pokerstars were conducted, assisted by the group's independent auditors; * Investigators travelled to Montreal, Toronto, Dublin, the Isle of Man and the United Kingdom to ensure that past owners, management and practices were "purged" from the PokerStars operation; * The DGE enquiries extended to the enquiries of the Autorité des marchés financiers (AMF) in Quebec, which investigated activity around trading of Amaya's stock after the company acquired Pokerstars (see previous report). The regulator notes that the AMF enquiry has not resulted in any proceedings or charges, and that Amaya has consistently assured that it has done nothing wrong. The DGE continues to monitor the AMF enquiry; * Investigators interviewed and took sworn statements from 63 former Pokerstars, Full Tilt, and Pyr (now Amaya's software arm) employees still with the group; * Investigators reported that Pokerstars generated $44.3 million in revenue in New Jersey from October 2025 until Black Friday in April 2025. The company subsequently returned $5 million to New Jersey players after the Black Friday shutdowns, with just short of half-a-million dollars still unclaimed; * Amaya has withdrawn from 34 markets where Pokerstars activity was not expressly authorised; * Full Tilt's New Jersey player base consisted of 75,000 accounts - it is not clear how many accounts Pokerstars had; Related News Tags: Usa Legislation, Pokerstars, New Jersey Poker News index » IVEY AND BLOM THE TOP NOSEBLEED STAKES POKER PLAYERS THIS WEEK10th October, 2025 at 07:57:31
Aces rebound to score big on the virtual tables at Pokerstars.
CLASS ACTION FILED AGAINST D.F.S. MARKET LEADERS (Update)09th October, 2025 at 08:30:51
Second class action faced by DraftKings and FanDuel.
LARGEST ONLINE POKER TOURNEY RECORD BEATEN07th October, 2025 at 04:46:43
In PokerStars' $0.01 Common Cents Kick-Off tournament.
Full Story: Largest Online Poker Tourney Record Beaten »
MORE FULL TILT PAYMENTS ON THE WAY04th October, 2025 at 07:19:55
PPA chief John Pappas says next tranche of payments could be just weeks away.
Full Story: More Full Tilt Payments On The Way »
|
||||
Special PromotionPoker CategoriesMore Poker News
Latest HeadlinesOn This Day
|
||||