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June 2014 US Offshore Payment Processing Report

Cashout speeds have remained strong for most U.S.-facing offshore sites. There is a lull in activity this time of year as players head to Las Vegas for the World Series of Poker or go on other vacations.This has made it difficult for us to obtain information for two sites this month. For those, we maintained the previous month’s grade and noted the lack of information.


bovada This Month Last Month
A+ A+

Bovada

Bovada kept the number one spot. The largest U.S.-facing online site continues to process withdrawals at the fastest speeds possible.

Visa debit cards are available to some players. These are processed in less than one week. Checks arrive at the door of winners in 2-7 days. Most fall in the 4-5 day range, depending on if the request was made before a weekend.

Players may receive one free check per month. Additional check withdrawals incur a $50 fee. The maximum check withdrawal is $3,000.

Western Union and MoneyGram transactions are processed in 3-6 days. The fees are as follows:

Money Transfer/WU Rapid Transfer/MG
  • $100 – $249 Fee: $50
  • $250 – $499 Fee: $75
  • $500 – $999 Fee: $100
  • $1000 – $1499 Fee: $150
  • $1500 – $2000 Fee: $200
  • $100 – $199 Fee: $20
  • $200 – $399 Fee: $30
  • $400 – $599 Fee: $45
  • $600 – $800 Fee: $60

WPN This Month Last Month
A- A-

Winning Poker Network

The Winning Poker Network’s cashier processes payments for Americas CardroomBlack Chip Poker, and True Poker.

The track record for this group is excellent and that continued this month.

Checks are a bit slower than the average over the past year. These are delivered in 2-3 weeks. The maximum amount is $2,995. One free check is processed per month. Additional checks have a $65 fee. These $65 checks arrive much faster than average.

Debit card transactions are processed in 2-4 days. These are processed onto cards that are delivered to players upon request. The fee is $25 for the initial request. There are small fees every time the card is loaded and funds are removed. There is also a monthly maintenance fee.

Western Union cash transfers typically arrive in 1-3 days. We have not seen any reports lately of these transactions. The debit card has become more popular and affordable. The fees and amounts for Western Union withdrawals are:

• $100 – $299 Fee: $60
• $300 – $499 Fee: $70
• $500 – $749 Fee: $85
• $750 – $999 Fee: $95
• $1,000 – $1,500 Fee: $110


intertops This Month Last Month
A- A-

Intertops

Intertops is a skin on the Revolution Gaming Network.

The cashout speeds at stayed consistent, just as it has for years. The one drawback of Intertops is the lack of a free withdrawal option.

Players may receive a check or bank wire for a $50 fee. The maximum check amount is $3,000 and it arrives in about one week. Bank wires arrive in 2-3 weeks. The maximum wire is $2,500.

Intertops also offers Western Union withdrawals. These arrive in 1-3 days. The fees and amounts are:

• $150-$500 Fee: $70
• $501-$1,000 Fee: $85
• $1,001-$2,000 Fee: $180

betonline This Month Last Month
B+ B+

BetOnline

BetOnline is the flagship of the Chico Poker Network. Checks, sometimes processed as money orders, are processed in 7-15 days. Bank wires are processed in about two weeks. Western Union and MoneyGram are processed in 24-36 hours. There are no free withdrawal options for players. The fees are as follows:

  • Check/Money Order: $25
  • Bank Wire: $45-$75
  • Western Union: $34-$101

Players outside the U.S. also have withdrawal fees. Players that withdraw by Skrill and Neteller will pay a fee of $20 per withdrawal.

– See more at: http://www.pokeraffiliatelistings.com/home-page-news/us-offshore-online-poker-payment-processing-may-2014-now-with-betonline/#sthash.ArOxwrFq.dpuf

sealswithclubs This Month Last Month
B B

SealswithClubs

SealswithClubs is an independent site that operates solely on Bitcoin.

Payouts are processed in 12 hours or less. We have it ranked lower than other sites due to its unusual processing.

Players that are comfortable with Bitcoin should consider the site as it would get an A+ with this processing speed via other methods.

juicystakes This Month Last Month
B- B

Juicy Stakes

Juicy Stakes is a member of the Revolution Gaming Network.

The maximum cashout remains $1,000 by either check or cash transfer. The fee is $50 for active players and $100 for those that do not give qualifying action. These are processed in 7-10 days.

While the speeds are reasonable, the excessive fees hold the grade down.

merge This Month Last Month
B B-

Merge Gaming

The Merge Gaming cashier services players from Aced, Carbon PokerPlayersOnlySportsbook.ag and Superbook.

Checks are processed in 10-21 days, a slight improvement over last month. Checks are available in amounts up to $2,500. The fee is $40.

pokerhost This Month Last Month
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PokerHost

There have been no recorded withdrawal request speeds in the past 45 days. There were reports from players that some players were banned for being winners.

Due to the lack of information, and winners being kicked off the site, we are unable to place a grade on the site’s processing speed.

lock This Month Last Month
F- F-

Lock Poker

Lock Poker has become a play money site that accepts cash deposits. There have been no player reports of withdrawals in two months.

The amount owed, according to Two Plus Two poster IHasTehNutz, is nearing $1 million. This is just the amount reported by players that post at Two Plus two. It does not include the amount on deposit at the site or players that are not familiar with the popular poker forum.

The latest Lock Poker cashout report may be found here.

 

Amaya to Acquire PokerStars and Full Tilt for $4.9 Billion

Huge acquisition leading to shake up in US online gaming market.In the late hours on Thursday June 12, Rational and Amaya Gaming Group publicly announced that they would agree to terms to buy-out 100% of Oldford Group (including issued and outstanding shares) for $4.9 billion.

In other words, Amaya is going to acquire PokerStars and Full Tilt Poker for nearly $5 billion.

The structure of global poker as we know it will surely be altered thanks to this major acquisition.

Major Details about the Acquisition

Some of the acquisition details include:

· Amaya will become world’s largest publicly traded online gaming company, according to Press (Amaya + Oldford pro forma revenue of $1.3 billion combined

in 2013)

· Amaya and Rational will combine as complimentary businesses

· Rational Group will keep all executive management pieces the same, but all shareholders (Rational and Oldford Groups) must relinquish all shares to Amaya

Reaction

Amaya CEO David Baazov, clearly excited about the acquisition, had kind words for Oldford Group CEO and Founder Mark Scheinberg: “[He] pioneered the online
gaming industry, building a remarkable business and earning the trust of millions of poker players by delivering the industry’s best game experiences…”

Scheinberg responded to these comments by reminiscing on the success his company brought: “I am incredibly proud of the business… creating the world’s
biggest poker company and a leader in the iGaming space.”

Scheinberg also expressed his best wishes to the company as well as saying that the company is in good hands with a CEO like Baazov at the helm.

Additionally, Executive Director of the Poker Player’s Alliance John Pappas called the acquisition encouraging news for American iGamer’s who have been
eagerly anticipating the return of PokerStars to the US Market. He also believes the move will unite many parties of the industry together (tribes,
casinos, card rooms, etc.).

New Jersey Online Poker

The impact of the move will surely create a wide-open opportunity for New Jersey Online Poker to make strides in the iGaming industry. Complications with
DGE requirements hindered the growth for the Oldford Group’s PokerStars. With new ownership, the ocean is wide with opportunity for PokerStars in New
Jersey.

More Info to Come

Amaya Gaming is soon to come out with more details as they finished a conference call early in the morning on June 13.

Also, NJPokerOnline will be providing breaking news and updates on the situation daily for the next couple weeks.

Amaya Gaming’s Reverse Acquisition of PokerStars and Full Tilt Poker

Amaya PokerStars and Full Tilt Poker SaleThe rumors proved true. Amaya Gaming and PokerStars announced the deal via a press release late in the evening of June 12.

Amaya will acquire Oldford Group, parent company of Rational Group, which owns and operates PokerStars and Full Tilt Poker. The agreement is worth $4.9 billion.

The deal includes all issued and outstanding shares of Oldford, and all of the assets associated with the company. PokerStars and Full Tilt Poker alone have more than 85 million registered players on the online poker sites, with PokerStars by-and-large the biggest Internet poker entity in the world.

Figures included in the press release show that the pro forma combined revenue for Amaya and Oldford in 2013 was $1.3 billion, and the EBITDA was $474.8 million. Adjusted EBITDA, before interest, financing costs, taxes, and other costs, was $473.8 million, and that estimated adjusted EBITDA for 2014 (back-dating to January 1, 2014 for the buyout) is $600 million to $640 million.

Some estimated the worth of PokerStars to be more alone than the $4.9 billion sale price of Oldford, but the exclusion from the United States market dented that worth and may have reduced the price to one that worked for both parties.

Amaya didn’t have $5 billion cash on hand for the transaction, but a $50 million deposit started the deal. The Blackstone Group will assist in financing some of the debt, as has an unnamed investment manager. A combination of cash, new debt, subscription receipts, common shares, and preferred shares will be used to complete the sale.

Business as Usual, Mostly

Despite the size and scope of the deal, not to mention its possible impact on the global and United States gaming markets, business at PokerStars, Full Tilt Poker, and Amaya Gaming is said to be moving forward as usual. Players on the gaming sites will not see any change in their day-to-day activities.

PokerStars and Full Tilt Poker will continue to offer the same games to the same markets, for the time being.

Tours like the European Poker Tour, Latin American Poker Tour, and UK & Ireland Poker Tour (just to name a few) will operate with PokerStars as their sponsor without any changes to their respective live event schedules.

The Rational Group will continue working from its Isle of Man offices, as well as current sub-offices, and Amaya will stay in its Montreal headquarters.

Amaya and PokerStars Management Shuffle

There are a few people involved in Rational Group that will see a change. In fact, that change is an integral part of the agreement and one that will likely give Amaya a better chance to offer online gaming services to more states in America.

Oldford Group founder and Chief Executive Officer Mark Scheinberg will sell all of his company shares to a subsidiary of Amaya, as will other Oldford shareholders. Scheinberg and several other executives will resign from their positions and leave the company altogether.

The exit of Mark and Isai Scheinberg is a key component for PokerStars to gain entry into New Jersey. Though Amaya has a fully executed and valid license, its new agreement with PokerStars will need to be reexamined.

Since PokerStars’ license application was on hold due to the pending US Department of Justice indictment against Isai Scheinberg, this move may signal a new chapter for Amaya, PokerStars, and New Jersey Internet gaming.

Speaking of Regulated Markets

The press release specifically addressed the entry of PokerStars and Full Tilt to regulated markets and named the United States as the most pertinent.

“Amaya believes the transaction will expedite the entry of PokerStars and Full Tilt Poker into regulated markets in which Amaya already holds a footprint.”

Quite a few states have bad actor clauses in place or prepared for upcoming legislative opportunities, but many in the online gaming industry hope that the Amaya deal will shine a new light on “bad actors.”

The Poker Players Alliance was quick to praise the buyout with respect to the positive effect it may have on PokerStars and the regulated US market. “Amaya’s acquisition should remove any perceived impediment for this popular brand to once again be available to players in regulated US jurisdictions,” said PPA Executive Director John Pappas.

He went further to explain his hope that the news “will bring the gaming industry together – tribes, commercial casinos, card rooms, lotteries, and others – to push as a united front for state and federal legislation that licenses and regulated Internet poker.”

Affiliate Marketing Details Released by New Jersey Regulator

Affiliate Marketing Online Gambling In NJThe online gaming affiliate industry was a thriving market in the United States before the UIGEA and Black Friday, and it has yet to gain much ground at all since the regulation of online gaming in New Jersey.

The primary reason is that affiliate marketing had yet to be thoroughly addressed by the New Jersey Division of Gaming Enforcement. Affiliates had been awaiting further instruction for months before an official document was released on June 9, 2014.

Licensing of Internet Marketing Companies Overview

The Director’s Advisory Bulletin was issued from the State of New Jersey and signed by DGE Director David Rebuck. It aimed to address the licensing of Internet marketing companies, better known in the industry as affiliates.

Two licenses are available for the entities – vendor registration or ancillary casino service industry enterprises. Compensation dictates the type of license required.

For instance, if affiliates are paid a flat fee for directing traffic to an online gaming site, they require a vendor license. An ancillary license is for companies who are paid based on player activity on those sites.

Vendors

The vendor registration license is for companies paid a certain fee when a user clicks on a banner or link for a New Jersey gaming site, based on how many people view a particular advertisement, or for an official partnership.

This type of license also applies to affiliates taking a flat fee for sign-ups, deposits, site downloads, or a particular number of bets or amount wagered.

Ancillaries

Affiliates must request an ancillary casino service industry enterprises (CSIE) license if pay is dependent upon gaming action. For instance, if an affiliate is paid a percentage of every deposit or a fee based on the amount of money a player wins or loses on the Internet gaming site, the ancillary license is required.

Revenue share revenue is also a determinant for an ancillary license, meaning the affiliate is paid a percentage of the net gaming for a user.

Sub-Affiliates

The document from the DGE goes on to discuss sub-affiliates, which are entities that are paid by the primary affiliate for referring players to a particular online gaming company. The bases for sub-affiliate licenses are the same as indicated above for vendors versus ancillaries.

Sub-affiliates must submit their contracts with primary affiliates to the DGE for the proper license. Should a sub-affiliate fail to obtain the proper license and file the necessary paperwork, the DGE can take regulatory action against that company as well as the master affiliate. Licenses could be revoked for failing to comply with all of the requirements.

Allowances

The DGE also details some of the allowances for affiliates in New Jersey. One of those is the ability to use a “refer a friend” application for which an affiliate takes a flat fee. Should an affiliate receive less than $2,500 per calendar year for this service, no license is required for that operation.

Affiliates are also allowed to switch compensation models as long as they remain in the same licensing class. While those changes require the DGE’s approval, they may be implemented without preapproval.

Requirements

All affiliates, no matter the license held, must submit a monthly report for the DGE’s Service Industry Licensing Bureau and Intake Unit. The documents must include details of all monies changing hands for any type of activities. License holders and platform providers must comply.

Lastly, all affiliate activity must take place in and be conducted with customers in the state of New Jersey. Any violations can result in the revocation of a license or other regulatory action deemed appropriate. The exact rules are given to the affiliate upon the completion of the licensing process.

PartyPoker.com Offers New Promo with $1 Million Guaranteed

Aria Poker Tournament Las Vegas WPTThe WPT500 is a new live WPT event put on by PartyPoker that is more accessible than any promo in the past. With only a $500+65 buy-in as well as an option of up to 6x total for Day 1 entries per player (one entry allowed per day; only allowed to take biggest stack of the 6 days to round 2), this event ensures higher chances of winning for all who enter.

The main prize package for the event includes accommodation at Aria Resort and Casino. The $1,700 WPT package includes $500+65 buy-in for the WPT 500, $500 spending money, and 4 nights at a hotel in Vegas.

If you’ll be in Vegas anyway, there’s another package offered to simply play for your seat. The event will feature 5 day ones, with re-entry allowed once per day, as well as a special $500+65 last-chance turbo heat on July 6. Full details for this event can be found at the WPT Website.

For a clearly-labeled qualifying structure and all packages offered, visit the PartyPoker Website.

Step-by-Step Guide to Entry

1. Select the 1-Click Lobby

2. Go to ‘Tournaments’ Tab

3. Look for ‘WPT500’ tiles. Click to Register

Online Qualifier Info

What Can You Win?

  • Package to the WPT500 held from July 4-9, 2014
  • $1 Million guaranteed prize pool; $200,000 1st place prize

How?

  • Daily Freerolls and Satellite Qualifiers

When?

  • Daily Qualifiers run from April 22-June 15

The WPT500 Promo is a prime example of why PartyPoker.com is known as a top-notch website for online gaming around the country.

More Full Tilt Payments Ready for US Petitioners in June

FTP Online Poker Claims Black Friday June PaymentsThe latest round of payments to former Full Tilt Poker players in the United States has been announced. Garden City Group, the claims administrator for the US Department of Justice, updated its website on May 28 to reveal the new remissions.

There will be approximately 3,500 payments distributed in this round, which should take place in the middle of June 2014. A total of $15 million will be paid via ACH transfers to bank accounts registered by the petitioners.

The approved payments in this round will be made to affiliates who submitted petitions and confirmed their Full Tilt Poker balances, as well as those who previously submitted incomplete or late petitions. The Department of Justice Asset Forfeiture and Money Laundering Section of the DOJ has given the go-ahead for the process to begin.

What Petitioners Should Expect

Petitioners expecting to be included in this round of remissions may see a zero-dollar transaction on their bank account statements, which is a test by Garden City Group before the issuance of the actual payments. Some banks show this zero-dollar matter to their customers, and others may not.

Anyone who has a debt that is registered with the Treasury Offset Program by the government may see their balance reduced by a part of entirety of that amount in order to satisfy the debt. If that is the case, the petitioners will receive a notice prior to the payment, and it must be completed and submitted to receive any portion of the Full Tilt Poker balance.

Pertinent updates will be posted on the Full Tilt Poker Claims website.

Where the Claims Process Stands

The process of repaying former Full Tilt Poker players from the United States has been a long and daunting one for players. However, the Garden City Group seems to be on somewhat of a roll with processing the petitions at this point.

The first round of payments was completed on February 28 and included approximately $76 million for 27,500 people. The second round (still considered part of the first wave of payments) happened on April 1 for those who originally submitted incorrect banking information with their petitions. There were about 2,200 people paid nearly $5 million at that time.

This round of payments takes care of most of the original petitioners who did not have disputed balances, and it is the first time that affiliates will be paid.

Months of debate preceded the decision to pay affiliates, though their balances were required to include deductions of all payments to those accounts that were labeled as affiliate payments, meaning only their deposits and winnings from Full Tilt Poker will be paid. Rakeback will also be included in their payments.

Garden City Group has yet to reveal who may be in the next distribution wave. Players who represented Full Tilt Poker as Red Pros have yet to be paid, and there are numerous people with disputed balances and other errors in reporting that must be settled.

U.S. Offshore Online Poker Payment Processing Report May 2014

Payment processing times for offshore sites have improved over last month. This is likely due to the backlog that has been reduced since the Super Bowl.Last month’s report may be found here. Note that this report will now be featured at Poker Affiliates Listings.


bovada This Month Last Month
A+ A

Bovada

Bovada continues to show that it knows how to process payments to U.S. players, despite the challenging environment.  Its times slipped slightly due to the massive processing related to major sporting events in the winter.  Even then, it still continued to hold our number one spot.

Bovada now offers Visa debit cards as a withdrawal option.  These transactions are processed in about one week.  Checks are delivered at the fastest speed possible.  Players report check deliveries in 4-5 days.  One check per month is processed for free.  Additional checks incur a $50 fee.  The maximum check amount is $3,000.

Western Union and Moneygram transfers are processed in 5-7 days. The amounts and fees are as follows:

Money Transfer/WU Rapid Transfer/MG
  • $100 – $249 Fee: $50
  • $250 – $499 Fee: $75
  • $500 – $999 Fee: $100
  • $1000 – $1499 Fee: $150
  • $1500 – $2000 Fee: $200
  • $100 – $199 Fee: $20
  • $200 – $399 Fee: $30
  • $400 – $599 Fee: $45
  • $600 – $800 Fee: $60

WPN This Month Last Month
A- A

Winning Poker Network

The Winning Poker Network cashier consists of Americas Cardroom, Black Chip and True Poker.  Checks slowed a bit this month.  One free check is offered each month.  Additional checks carry a $65 fee.  The maximum check amount is $2,995 and it arrives in 2-4 weeks.

The debit card option continues to be the fastest option.  It works just like an ATM card.  It must be requested in the cashier and arrive in 2-4 weeks.  There is an initial $25 fee for card processing.  Once in hand, debit card withdrawals are processed in about two days.  The issuing bank charges fees for withdrawing from ATMs, as well as a monthly maintenance fee.

Western Union cash transfers are processed in 1-3 days.  The fees and limits are as follows:

  • $100 – $299 Fee: $60
  • $300 – $499 Fee: $70
  • $500 – $749 Fee: $85
  • $750 – $999 Fee: $95
  • $1,000 – $1,500 Fee: $110

intertops This Month Last Month
A- A-

Intertops

Intertops is a member of the Revolution Gaming Network.  It offers checks with a $3,000 maximum and a fee of $50.  These arrive in about one week.  Bank wires are processed in about two weeks and also have a $50 fee.  The receiving and intermediary banks may also post fees on the transaction.  The fastest way to receive Intertops withdrawals is by Western Union.  These are processed in 1-3 days.  The fees and limits are:

  • $150-$500 Fee: $70
  • $501-$1,000 Fee: $85
  • $1,001-$2,000 Fee: $180

betonline This Month Last Month
B+ NA

BetOnline

BetOnline is the flagship of the Chico Poker Network. Checks, sometimes processed as money orders, are processed in 7-15 days. Bank wires are processed in about two weeks. Western Union and MoneyGram are processed in 24-36 hours. There are no free withdrawal options for players. The fees are as follows:

  • Check/Money Order: $25
  • Bank Wire: $45-$75
  • Western Union: $34-$185

Players outside the U.S. also have withdrawal fees. Players that withdraw by Skrill and Neteller will pay a fee of $20 per withdrawal.

This is the first month that we have included BetOnline. We will investigate the reported times and the grade may be adjusted next month based on more player reports. Please leave a comment at the end of this article if you have any experience with BetOnline withdrawals. We would like to get feedback from more players.

sealswithclubs This Month Last Month
B B

SealswithClubs

SealswithClubs is a Bitcoin-only poker site.  It processes payments in about 12 hours.  Bitcoin prices have stabilized over the past month, creating less fluctuation in the value of deposited funds at SealswithClubs.

 

juicystakes This Month Last Month
B B-

Juicy Stakes

Juicy Stakes is a member of the Revolution Gaming Network.  Members may withdraw via check or cash transfer.  Each method has a speed of 1-2 weeks.  There is a $100 fee that is dropped to $50 for active players.  The absence of a free withdrawal option keeps Juicy Stakes from having a higher grade.

merge This Month Last Month
B C+

Merge Gaming

The Merge Gaming cashier banks Aced, Carbon Poker, PlayersOnly, Sportsbook and SuperBook. Players may request checks in amounts up to $2,500. There is a $40 fee and the checks are processed in 2-3 weeks. Like Poker Host, there have been some player reports of banned accounts by players that appear to have won too much. The network has also limited some players to 1, 2, or 4 tables. This move occurred after the players with the sports books were integrated into the Aced/Carbon Poker pool after Poker Host left the network.

pokerhost This Month Last Month
B- B

PokerHost

Poker Host moved to the Equity Poker Network about six weeks ago. This move was not without controversy. Many winning players were told that their business was no longer welcome. In my opinion, this hurts the grade of the site. If players that win are going to be banned, then the payment speeds are not as important as sites that do not discriminate. The few players that reported withdrawals last month all quoted delivery times of less than one week.

 

lock This Month Last Month
F- F-

Lock Poker

There is no news on Lock Poker payments.  Two Plus Two member IHasTehNutz reports that players with cashouts of two months or older are owed at least $962,000.  No reason payments have been made to players.  The oldest pending Lock Poker withdrawal is approaching 18 months.  Lock Poker chips are trading at around $.07 on the dollar, reflecting a player perception that the network has a 14-1 chance of ever paying players in full.

A skin known as Superwins joined the Lock Poker platform.  There have been no reports of cashouts or deposits on this skin.

World Poker Tour Founder Lyle Berman to Join FourCubed Board

Poker Legend Lyle Berman Joins FourCubed LLC Advisory Board (via PRWeb)

FourCubed LLC announced today that Lyle Berman, founder of the iconic World Poker Tour as well Poker Hall of Fame inductee, has officially joined the organizations advisory board. Lyle Berman joins FourCubed LLC advisory board As additional regulated…

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The New Jersey Effect On The Un-Regulated U.S. Poker Market

MergeLast week, news broke that the Merge Gaming Network announced it would no longer accept new players or allow existing players in New Jersey and Delaware to play for real money on a number of it’s sites.

Immediately following this abrupt announcement, speculation began to mounting across the various player’s forums on the internet. Whether it was a legal issue, a specific threat, or strictly a precautionary measure, it still is unclear to exactly why Merge withdrew from these states.We reached out to an operator on the Merge network, and this is what we were told:

“To our knowledge, the network (Merge) leaving NJ and DE had nothing to do with any existing legal threats. It was more than likely done strictly out of precaution. It would also not be surprising if payment processing within those borders had been severely cut-off over the past several weeks.”

While it’s impossible to guess the exact reasons behind Merge’s departure from these states, it would be a logical assumption that payment-processing issues were one of the primary reasons. With credit card companies and banks more cognitive to gaming transactions than ever before in NJ and DE, it would make sense that perhaps Merge began experiencing additional processing issues.

As more states continue to regulate online gambling, it will be interesting to see what the short and long term effects on the unregulated markets will be.  It seems unlikely that both regulated and non-regulated poker sites would be able to work harmoniously in the same state.  It also seems unlikely that states would continue allowing non-regulated gambling, as this would obviously take away from tax revenues.