PokerStars To Enter US Online Gambling On March 21
It has been a long and difficult road for the largest online poker site in the world but PokerStars will officially return to the US online gambling market on March 21 in New Jersey.
Many thought that given their dubious past and banning from the US, PokerStars would never be allowed back into the US but after paying a $547 million fine to the Department of Justice, their acceptance has finally taken hold. Last year New Jersey gambling regulators finally approved PokerStars to operate in the Garden State. With over 100 million global players PokerStars is looking to ignite the stagnant US online gambling market. As of now they will only be allowed to offer online gambling to players who are physically located in the state of New Jersey.
Besides poker, players will have other options to gamble on that include slots and table games. PokerStars’ parent company Amaya are delighted with the imminent launch. CEO and Founder David Baazov commented on the approaching launch,” PokerStars is the global leader in online poker and trusted by its customers for its robust and innovative technology, world-class security and game integrity. We are honored and excited to now bring these experiences to New Jersey.”
The entry of PokerStars into New Jersey is just what some believe will bolster the market. Last year saw total revenues up 21 percent from the previous year to $149 million but this is still a fraction of what may have in the past claimed to be a $1 billion market.