The closure of some Atlantic City casinos in New Jersey has had its inevitable effect on the fledgling online casino industry in the state and Ultimate Gaming becomes the first victim of the decline in land based casino action. As is the law in New Jersey, an online operation must be partnered with a land based casino, using their license and as the Trump Taj Mahal appears to be closing its doors then that leaves leaves Ultimate Gaming high and dry. Betfair could also face problems due to the Trump Plaza shutting down however they have been granted a temporary license by the DGE that keeps them going....for the meantime.
In all fairness Ultimate Gaming never really got out of the starting blocks in the Garden State and suffered by being late to market and not having the full backup of its land based partner as the Taj Mahal did not launch their own poker or casino site. Ultimate was left to go it alone and struggled against the might of the much larger Party Poker and 888. New Jersey poker players appeared to prefer the action at the Borgata however UCasino, the Ultimate Gaming New Jersey online casino did very well, punching well above its weight, more than holding its own. A statement has been released by Ultimate Gaming confirming its exit and in that statement it points to ‘multiple breaches by the Taj Mahal Associates’ as the reason for the closure and it also stresses that this in no way affects its business in the state of Nevada.
This is a somewhat unfortunate first in New Jersey online gambling and they have notified all players that they’ll have until September 28th to be able to access their accounts and withdraw any funds they have, and all accounts will be unavailable as of midnight on October 5th. There is no plan to migrate accounts to any other poker room in New Jersey, it’s a simple case of closure.