PokerStars Steps to Begin Operations in New Jersey 1f724x

finally approved the brand, after a lengthy time frame of consideration of the application. Players were excited of the news and now await the official launch of PokerStars in the state. But when will that be exactly? Most information available points to a January 2016 launch date, though no announcement has been made by PokerStars as to when they will go live in New Jersey.

First off, it was just last week that PokerStars began to players who lived inindividuals who had funds that had not been claimed from an dating back to pre-Black Friday. This was a stipulation of operating in the state, that PokerStars had to former players and explain how to receive any remaining funds, even if the amount added up to just a few dollars or change.

Players were informed that if they did not PokerStars by December 25^th, the site would have to transfer the funds to the custody of the state. This would complicate the process of earning funds even further. $400,000 was placed in a trust by PokerStars to be specifically used to repay the player balances.

PokerStars must also cut ties with four employees, who are unnamed, based on the DGE stating the individuals failed to establish good character, honesty and integrity. This must be done by January 31^st of next year. So with the repayment date of December 28^th and the January date for breaking ties with the former employees, it may be a few weeks or months before PokerStars is operational in New Jersey.

The DGE will also need to test the software of PokerStars and this could take weeks, even months. For now, it’s anyone’s guess as to when PokerStars will go live in New Jersey. It will be interesting to see if the site sets a date or if we have to wait until next year for more information.