Betfair in New Jersey Ends Poker Operation
Betfair Closes New Jersey Poker Site
US Poker: Betfair in New Jersey closes Poker Site. Betfair closed its New Jersey poker site on December 1. A Betfair representative confirmed the closure with USPoker this morning. The move does not affect its New Jersey casino site or any of its poker operations outside of the U.S.. So it seems New Jersey Loses another online Poker Site.
The poker index page on Betfair in New Jersey's internet site has actually been gotten rid of.
A cached variation of that page in Google describes a poker set up guide, which is likewise offline.
Betfair New Jersey's poker platform does not show any tables when introduced.
Betfair in New Jersey $0 Rake
Betfair in New Jersey published $0 in October 2014 poker rake, according to income tax return submitted with the New Jersey Department of Video gaming Enforcement.
Its poker tables made $1 in September. Betfair New Jersey's poker rake through the very first 10 months of 2014 was $50.
Betfair Poker raked $90 in the 5 weeks it ran in 2013.
The Betfair online poker space was thought about a non-factor in the New Jersey market, although it provided a very first deposit benefit that amounted 40 percent rakeback. It likewise provided a VIP program with a leading tier of 20 percent rakeback.
Golden Nugget initially revealed that it would sign up with Betfair on the network frequently described as Ongame New Jersey.
Golden Nugget got complete regulative approval to introduce in New Jersey 3 weeks after its rivals.
The business specified in a news release at the time that its online poker space would introduce in January 2014. That never ever occurred.
Betfair New Jersey's gambling establishment video games have actually carried out considerably much better than its poker item.
The business reported a win of $855,869 from its online gambling establishment video games in October.
The overall gambling establishment win through the very first 10 months of 2014 was $6,677,288.
Betfair moved its online video gaming operation to Golden Nugget's license on November 21.
The 2 websites hold a consolidated 25 percent share of the New Jersey online gambling establishment market.
Betfair briefly partnered with Caesars Interactive to keep the doors open after its initial partner, Trump Plaza, stopped operations in Atlantic City on September 16.
Betfair is the 2nd New Jersey poker website to close.
Ultimate Poker and its sibling website UCasino left the marketplace in October.
Ultimate Poker closed its Nevada website on November 17. Borgata/Party Poker, WSOP.com and 888 remain to run in the New Jersey online poker market.
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