News out of the Garden State at this hour confirms that the New Jersey Division of Gaming Enforcement has suspended the review of PokerStars’ application for an online gambling license.
Forbes subsequently confirmed that the suspension will span a period of two years.
This fateful decision effectively leaves the world’s largest online poker company out of the freshly-regulated online gambling market in New Jersey.
Although the decision comes as a significant blow to PokerStars, the possibility of a future working relationship isn’t out of the question.
“The Division of Gaming Enforcement has determined that the application of Rational Services Limited (PokerStars) casino service industry licensure (CSIE) will be held in a suspended status…” the New Jersey Division of Gaming Enforcement announced in a statement. “The Division, within that period [2 years], may consider a request for relief to reactivate the application if significantly changed circumstances are demonstrated at which time the Division’s investigation of PokerStars and its affiliated entities and associated individuals will be resumed to assess suitability.”
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