Internet poker giant the Rational Group has reportedly been denied a New Jersey e-Gaming license, this according to a report filed on the internet poker information site Poker News.
The Poker News report cites a source with direct contact to Atlantic City casino Resorts, with whom Rational had struck a deal to partner with for the upcoming launch of internet gambling within the state of New Jersey. The source claims that Rational was reportedly denied the license due to the involvement of Isai Scheinberg, the founder of PokerStars. Scheinberg is in legal hot water in the United States as he is still facing federal charges regarding his involvement in illegal activity tied to the poker site.
Scheinberg had previously stepped down as the firm's Director after Rational reached a $731 million deal with the US Department of Justice, which allowed the group to acquire Full Tilt Poker and set up a fund to pay players their balances which were frozen by the government. Resorts and Rational are reportedly still attempting to push for licensing by showing that Isai Scheinberg is no longer in control of the company. Currently Isai's son Marc is operating as the firm's CEO.
Rational and Resorts agreed to partner together to offer internet betting, with Rational offering to build a $1 million poker room inside the land casino once it gains a New Jersey gaming license.
As of press time neither of the two partners had issued comment on the report. Casino Listings will update this story as more developments arise.