PokerStars NJ Bonus Code
Amaya Gaming acquired PokerStars in August 2014.
It had been stuck in the licensing process due to the company’s legal issues involving the US Department of Justice.
The company hoped the Amaya Gaming acquisition would resolve that as Amaya was already licensed in New Jersey, but the licensing issues continued into 2015.
Finally, Amaya Gaming hinted that it would launch PokerStars NJ in the summer of 2015. That did not happen.
It took until Sept. 30, 2015 for PokerStars to get approved for a New Jersey interactive gaming license. Subsequently, the company announced on Feb. 25, 2016 that its New Jersey site would go live on March 21, 2016.
The grand opening included online poker and casino games. The testing phase started on March 15 and there were no issues.
PokerStars is the largest poker site in the world. It also dominates two ring-fenced markets in Spain and Italy.
The expertise of PokerStars is second to none in the industry. Its ability to put together a brilliant tournament schedule, a perfect selection of sit and gos, and the types of cash games that players want, all contribute to the level of respect that it receives in the poker world.
The software used by PokerStars is also a step above the rest.
It combines flawless reliability with features players have grown to expect in the world’s top poker site. In addition, PokerStars is constantly striving to improve its product to remain dominant in the market.
PokerStars NJ special – $30 free play with $20 deposit
Players that haven’t already registered an account with PokerStars NJ are eligible to receive $30 free play when signing up and making a deposit of at least $20. The promotional code for this offer is FREE30.
The bonus funds come in the form $20 bonus money and $10 worth of Spin & Go tickets. Spin & Gos are PokerStars’ lottery sit & go variant.
The three-man hyper turbo tournaments work off a randomized payout structure, with payout multipliers ranging from 2x the buy-in to 12,000x.
There are no wagering requirements associated with any money won via the Spin & Go’s, and players have 21 days in which to redeem their tickets.
PokerStars NJ bonus code
|PokerStars NJ Bonus Code||FREE50|
|Bonus description||Get $50 in free play when you deposit $20|
|Launch date||March 21, 2016|
|Available to||Adults 21 or over located in New Jersey|
PokerStars welcome bonus
There is also a first deposit bonus. PokerStars offers all new players a 100 percent bonus up to $600 for their first deposit. The bonus releases in $10 increments for every 100 VIP Player Points (VPPs) earned.
That is equivalent to an unprecedented 55 percent rakeback rate.
PokerStars awards VPPs at a rate of 5.5 for every $1 in rake paid at cash games, sit and gos and tournaments. Any portion of the bonus not cleared within 120 days expires.
As part of the offer, players also get a $5,000 depositor freeroll ticket. The bonus code is STARS600.
Lower volume players may opt for a smaller, more immediate bonus. It is $30 in free play on a deposit of $20 or more. The code is FREE30.
Additionally, players that choose this offer receive a free entry into a $5,000 depositor freeroll.
The free money component of the bonus comes in two parts:
- $15 award within 36 hours
- Another $15 addition to the player’s account within seven days
PokerStars New Jersey FAQ
- 1 PokerStars NJ special – $30 free play with $20 deposit
- 2 PokerStars NJ bonus code
- 3 PokerStars welcome bonus
- 4 PokerStars New Jersey FAQ
- 4.1 When did PokerStars launch in New Jersey?
- 4.2 Can I play at PokerStars in states outside of New Jersey?
- 4.3 Does PokerStars New Jersey have access to the international poker site?
- 4.4 What has caused the delay of PokerStars in New Jersey?
- 4.5 Are Spin & Go tournaments be available in New Jersey?
- 4.6 Why does PokerStars have a partner in New Jersey?
- 4.7 Which Atlantic City casino did PokerStars partner with?
- 4.8 Is there a PokerStars poker room in Resorts?
- 4.9 Does PokerStars offer casino games in New Jersey?
- 4.10 How big are the Sunday PokerStars tournaments in New Jersey?
- 4.11 What is the PokerStars New Jersey first deposit bonus like?
- 5 PokerStars’ history
When did PokerStars launch in New Jersey?
PokerStars launched on March 21, 2016.
Can I play at PokerStars in states outside of New Jersey?
No, PokerStars NJ is only available to players located within New Jersey’s borders.
Does PokerStars New Jersey have access to the international poker site?
No, PokerStars New Jersey only includes players within the state, although the possibility exists that the site will one day link up with the international player pool.
What has caused the delay of PokerStars in New Jersey?
The New Jersey Division of Gaming Enforcement had concerns about the past legal issues of PokerStars involving the US Department of Justice. The original PokerStars founder had not yet settled with the US Government at the time of the sale to Amaya Gaming.
The sale of PokerStars satisfied any issues New Jersey regulators had with the company.
Are Spin & Go tournaments be available in New Jersey?
Yes. PokerStars New Jersey has Spin & Go lottery sit and gos.
Why does PokerStars have a partner in New Jersey?
New Jersey interactive gaming law requires software providers to partner with Atlantic City casinos through their existing license. Casinos can host up to five gaming sites on a brick-and-mortar license.
Which Atlantic City casino did PokerStars partner with?
PokerStars partnered with Resorts in New Jersey.
Is there a PokerStars poker room in Resorts?
There is no PokerStars room inside Resorts at this time. There were plans to develop one at the time of the original announcement of the partnership.
It appears that those plans are still on hold.
Does PokerStars offer casino games in New Jersey?
Yes, PokerStars offers house-banked casino games through its Resorts partnership. At present, the site supports over 30 slots, blackjack, roulette, Heads-Up Hold’em, and baccarat.
How big are the Sunday PokerStars tournaments in New Jersey?
Due to the market’s low population cap, the tournament prize pools on PokerStars New Jersey are not nearly as large as they on the operator’s international site.
At present, the biggest Sunday major is the Sunday Special, which guarantees $50,000. Following that is the Sunday High Roller ($500 buy-in, $15,000 GTD).
There are also a bevy of nightly and weekly tournaments that guarantee a minimum prize pool of $10,000.
What is the PokerStars New Jersey first deposit bonus like?
PokerStars New Jersey offers a 100 percent up to $600 match bonus and a competitive VIP program.
The bonus clears at a rate of 55 percent rakeback and expires after 120 days.
The other bonus is $30 of free play with a $20 deposit.
PokerStars is the world’s largest online poker site. It peaks in the neighborhood of 20,000 players daily, according to PokerScout.
In addition to its international poker site, it also holds licenses in the ring-fenced markets of Italy, France, and Spain. It is the largest site in two of these three regulated and ring-fenced countries.
PokerStars was not always the largest online poker room in the world. Party Poker held that distinction until October 2006, when it left the US market. Party Poker has the most cash game players, but PokerStars had more tournament participants.
As a result, PokerStars immediately became the largest cash game site when it announced it would stay in the US market. It raked an estimated $2 million per day after this decision.
Because of this success, the US Department of Justice took notice. PokerStars became the target of an investigation from the US Attorney’s Office in the Southern District of New York.
On April 15, 2011, an indictment was unsealed that named PokerStars and two executives. The charges related to violating the Illegal Gambling Business Act and the Unlawful Internet Gambling Enforcement Act. Furthermore, Full Tilt Poker and Absolute Poker were also named on the same indictment.
PokerStars immediately withdrew from the US market, as did Full Tilt and Absolute Poker. Most noteworthy is that PokerStars was able to pay US players within 10 days. Full Tilt and Absolute Poker were unable to pay.
Subsequently, PokerStars acquired Full Tilt through a corporate settlement with the US Justice Department worth $731 million. Part of this settlement went toward paying Full Tilt Poker players that were victims of what the federal government described as fraud.
Once these charges were settled, PokerStars attempted to gain licensing in New Jersey for the state’s new interactive gaming industry that launched in November 2013. They partnered with Resorts.
PokerStars previously attempted to buy the Atlantic Club. They infused the ailing casino with much needed cash while it attempted to get licensed. Atlantic Club backed out of the deal after the guaranteed closing date passed.
It appeared Atlantic Club was hoping to fetch a higher sales price. That never materialized. Atlantic Club fell into bankruptcy and closed in January 2014. Subsequently, its assets were divided between Caesars Entertainment and Tropicana Entertainment through a bankruptcy auction.
While PokerStars resolved its case through a civil settlement, executives of PokerStars never resolved their charges. This was the reason cited by the New Jersey Division of Gaming Enforcement for suspending its gaming license application for two years.
PokerStars’ new owner and eventual entry into New Jersey
Rational Group, parent company of PokerStars, decided the solution was to sell the company. Amaya Gaming was the suitor.
PokerStars was acquired by Amaya Gaming in July 2014 for $4.9 billion. As a result, PokerStars’ equity holders left the company at the close of the transaction.
It appears that this merger was the catalyst that gave PokerStars the green light in New Jersey. The Division of Gaming Enforcement is satisfied that PokerStars is now suitable.
This may not satisfy regulators in other states. Bills are being considered in California, New York, and Pennsylvania and could exclude any unlicensed asset used in the online poker industry after December 31, 2006.
Amaya Gaming would either need to defeat that language in bills before they become law or prevail in court challenges under the position that the so-called bad actor clauses are unconstitutional.
Additionally, online poker regulations in Nevada include a tainted asset clause. This means that the sale of PokerStars does not clean the brand in the eyes of regulators. Unless current Nevada law changes, or is found unconstitutional, PokerStars will never operate in Nevada.
Delaware has no such language in its online poker regulations.