One of the major headlines of November was the departure of Ultimate Gaming from the Nevada market. The company, which left New Jersey in September, said of shuttering its Nevada site, “The state-by-state approach to online gaming has created an extremely cost-prohibitive and challenging operating environment. These factors have combined to make the path to […]
We reported to you late last week that Ultimate Poker, the first regulated online poker site in the US, had vacated the New Jersey market after alleging that its land-based partner, Trump Taj Mahal, had “multiple breaches” of contract. The casino has already filed for Chapter 11 bankruptcy and could close before the calendar year […]
On Friday, following word that its land-based partner casino, Trump Taj Mahal, is facing bankruptcy, Ultimate Gaming announced that it plans to withdraw from the regulated New Jersey marketplace. In doing so, Ultimate terminated its agreement with Trump due to “multiple breaches by Trump Taj Mahal Associates,” according to a press release.