With the mop up of the acquisition of worldwide online gaming firm bwin.party by their earlier competitor GVC, New Jersey’s biggest online poker network has a brand new owner. Both partypoker NJ and Borgata Poker utilize the partypoker software as well as share cash game tables and events to form the highest revenue bringing forth online poker network in the United States.
Even though corporate constructions could be planned for GVC to work as a holding company, GVC would require to be licensed in the state of New Jersey so that their subsidiaries that operate the United Stated version of the partypoker network, to carry on offering online poker.
License to control online gaming in New Jersey does not come very easy. And, this has been over a year that Amaya employed to bring PokerStars and Full Tilt back into the United States, and they still have not yet dealt their 1st hand of molded online poker in the United States.
In short, the answer is yes. The license application procedure for the GVC is now underway. On 28th January, GVC called for the New Jersey Division of Gaming Enforcement to let the partypoker network to carry on to operate under their present current license while their own license application is thought of.
On 1st February, David Rebuck, Director of DGE issued an order offering the request subject to the term that the New Jersey subordinates operate in an independent manner and with no influence or even guidance from a parent firm GVC while their application is being thought of.