The largest US facing online poker room Bovada has pulled out of the New Jersey market and follows the likes of Americas Cardroom and Full Flush Poker in ceasing doing business in the state. A company statement was released by Betting Partners that simply stated, “Our partner brand Bovada l.v has chosen to stop new account registrations for residents of the state of New Jersey. Existing account holders will not be affected. This is a decision they have taken of their own volition and they hope that their existing customers continue to enjoy all of the products and services Bovada.lv has to offer.” Bovada has made it very clear that this does not affect players from other states, and it’s business as normal everywhere else.
The move is seen as a precautionary one, as New Jersey is one of three states that offer regulated online poker and casino and may be a reaction to a recent ruling that blocked online gaming affiliates from doing business in the state should they be displaying links and banners of offshore poker rooms. At present Party Poker/Borgata and WSOP.com lead the way in New Jersey as far as poker traffic is concerned, and combined they have around 81% of the NJ market It will be a while before we see any impact the Bovada move has on traffic in the state, but it will not be doing the regulated sites any harm. It has to be stressed that players from other states may still signup and play at Bovada and that the move out of the NJ market was of their own choice. New players will receive a huge 100% welcome bonus up to $1,000 and there’s still time to win seats to the WSOP Main Event 2014 in Las Vegas this year.