Nevada based betting firm Ultimate Gaming has announced that it is leaving the New Jersey online betting market due to a breach of contract by the bankrupt Trump Taj Mahal Casino.
The decision for Ultimate Gaming to leave New Jersey is reportedly due to the fact that the betting software firm is owed reportedly owed $1.5 million by the Trump Taj Mahal.
Commenting on his company's pull out Ultimate Gaming Vice President Marc Falcone said, “We wish things would have turned out differently for us. Unfortunately, as they say in poker, we were not dealt a good hand. Money that the site generated and that we are owed, we were never given. It made it extremely difficult to operate under those circumstances.”
Ultimate Gaming runs the sites UltimatePoker.com and UCasino.com, both of which have stopped accepting wagers and are in the process of paying out players.
According to Ultimate Gaming Chairman Tom Breitling the company is working with the New Jersey Division of Gaming Enforcement to ensure that the transition out of the Garden State goes as smoothly as possible.
"We are grateful to the State of New Jersey and the New Jersey Division of Gaming Enforcement for allowing us to be one of the first companies to bring online gaming to the citizens of New Jersey and appreciate their leadership as one of the first states to allow online gaming," Breitling said.