Vadim Koza, Pexels The brand itself is not the bad actor. The company has now been sold two times — to Amaya and now Flutter — so, apart from using the brand, it is not the same company that may have been a bad actor. It’s been over 11 years since PokerStars , in the wake of what came to be known as Black Friday, was forced to take down its online poker operations in Nevada.
By the end of the following year, PokerStars had acquired Full Tilt Poker, settled a lawsuit with the federal government, and got out of dodge. And by that time, Nevada lawmakers had rafted legislation that labeled PokerStars a “bad actor” and were content to keep the operator out of the state.
The decisions by the state’s two regulators — the Nevada Gaming Commission ( NGC ) and the Nevada Gaming Control Board ( NGCB ) — to allow FanDuel to rebrand the retail sportsbook at the Fremont Hotel Casino in Las Vegas, all the more surprising. Both FanDuel and PokerStars are part of Flutter Entertainment’s portfolio.
That raises the question: Could PokerStars regain market access in Nevada?
Gaming experts say — yes . Attorney: NV’s “Bad Actor” Law Unconstitutional
Under the agreement approved by the NGC, the retail book at the Fremont will be rebranded as a FanDuel Sportsbook and open in early 2023. The casino is owned by Boyd Gaming, a strategic partner for online casino gaming and sports betting with FanDuel, since August 2018.
FanDuel isn’t a stranger to the Silver State — it offered fantasy sports betting there until 2015 when regulators determined that operators offering fantasy sports betting needed to be licensed.
Saiber LLC’s Jeremy Kleiman said that if FanDuel were allowed into Nevada, he suspects PokerStars could re-enter the market, too .
“The brand itself is not the bad actor,” Kleiman told pokerfuse . “The original PokerStars business and its key persons would likely be considered the bad actors.“The company has now been sold two times — to Amaya and now Flutter — so apart from using the brand, it is not the same company […]
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