PokerStars NJ license application has been suspended by the New Jersey Division of Gaming Enforcement and will not be reconsidered unless drastic changes take place.

The major concern is Isai Scheinberg, the founder of PokerStars still having a federal indictment against him for violating the UIGEA of 2006.

PokerStars, the largest online poker site will be suspended for at least two years while the accused executives are still affiliated with the company.

New Jersey has received the most traffic out of the three regulated American states: Nevada, New Jersey and Delaware.

Party Borgata NJ & WSOP NJ are currently leading the way for the New Jersey poker sites.

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A new rumor surfaced this week alleging that Pokerstars have pulled out on Full Tilt Poker deal, and the deal was just a ploy to prevent GBT from acquiring Full Tilt Poker. As strategic as this rumor sounds, Pokerstars Head of Corporate Communications Eric Hollreiser retweeted, ESPN Andrew Feldman tweet which stated that ‘Twitter rumors of PS folding on the FTP deal is false’.

While no actual statement has been made as to how and when the supposed the Full Tilt Poker deal is to take place, negotiations and settlement discussions are an ongoing process.

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