Four PokerStars Execs Ordered Terminated for New Jersey Licensing

Submitted by Ace King on

Written by :

Ace King

Published on :

Amaya Gaming, the parent company of PokerStars and Full Tilt Poker, have been granted permission to operate in the state of New Jersey but, before they can do so, Amaya must fire four executives deemed “unfit’ by the New Jersey Division of Gaming Enforcement (DGE).

On Friday, the DGE released a report of its investigation of Amaya’s $four.9b acquisition of the PokerStars and Complete Tilt, coming to the conclusion that the four executives could no longer serve on the company’s board.

Those four execs are: Michael Hazel, Stars former CFO Israel Rosenthal, director of operations for the Rational Group and a “long-time buddy of the Scheinberg family” Charles Fabian, former head of games systems development at Complete Tilt’s parent Pocket Kings Consulting and application manager Serge Bourenkov, who began working at Pyr following Black Friday, so he would appear to be in the clear.  The deadline for their dismissal is January 30, 2016.

Amaya and PokerStars will operate through a partnership with Atlantic City’s Resorts Casino Hotel.

- Ace King, Gambling911.com

Related Content

BetAmapola Dispute Resolved: Player Paid in Full

BetAmapola Dispute Resolved: Player Paid in Full

Gambling911.com is happy to report that a long standing payout issue involving BetAmapola has now been resolved.
More Sweepstakes Casino Closures in August: LuckyStake and The Money Factory Shut Down

More Sweepstakes Casino Closures in August: LuckyStake and The Money Factory Shut Down

LuckyStake shut its sweepstakes casino down Aug. 14 with redemptions due by Aug. 20. The Money Factory did so two weeks prior.
Bally's Halts Chicago Casino Construction as Company Reports  $792 million in Revenue....$4.5 billion in DEBT?

Bally's Halts Chicago Casino Construction as Company Reports $792 million in Revenue....$4.5 billion in DEBT?

The company reported roughly $265.9 million in negative operating cash flow during the first six months of the year.
Two Six Figure Jackpots in One Day Hit at Thunder Valley Casino Outside of Sacramento

Two Six Figure Jackpots in One Day Hit at Thunder Valley Casino Outside of Sacramento

Two six figure jackpots in one day and multiple jackpots hit over the course of a few weeks at a single Sacramento area casino.... We're talking the Thunder Valley Casino Resort, a mere 30 miles outside California's capital city.