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Poker News

New Jersey Finalizing Rules for Celebrity Poker Players

Written By: Samantha A. | December 8, 2015 | Posted In Poker News

A new law is being passed for celebrity poker players.

In New Jersey, a rule change will allow online gambling sites within the Garden State hire celebrities in order to play for promotional purposes.

 

Although this rule has been around for at least a year as well as some well known poker players have already been sponsored in New Jersey, the Division of Gaming Enforcement will put their final approval on it after the public comment period is concluded in early February of 2016.

 

This will enable casinos to pat celebrities to play in the means of funding their accounts as well as allowing them to retain the winnings, rather than paying them directly for endorsing the casino.

 

Through the month of October, online gambling in the state of New Jersey is 17.6 percent to $121.6 million dollars; this is compared to the first ten months in the year of 2014.  The movement that will allow casinos to spice up their relationships with celebrities that play for promotional reasons is ultimately designed to bolster the gambling industry.

 

The revenue from online poker games in the month of October was $1.9 million dollars; this was down from 2.8 percent year over year.  This year 2015 yielded 19.8 million dollars in online poker revenue, this is compared to 25.1 million dollars from January to October of 2014.

 

Currently this past fall New Jersey gave a license to PokerStars as well as Full Tilt.  PokerStars is considered to be the world’s largest online poker site in terms of players on the site.  PokerStars also has the world’s largest stable of sponsored pros, some of these professionals are superstars in the game of poker.

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