Online Poker Provider Pala Interactive Stalls Launch

Published Tuesday, March 10, 2015 - Online-Casinos.com
Online Poker Provider Pala Interactive Stalls Launch

Technology provider and operator Pala Interactive began with good intentions but has made a strategic move not to enter the online poker market in the state of New Jersey. Pala Interactive was formed in 2013 and is a full service real money plus social gaming operator and tech provider.

In November 2014, Pala Interactive was granted a Transactional Waiver by the New Jersey Division of Gaming Enforcement to offer its real-money online gaming platform in the Garden State. The recent news that the company will hold back on its introducing online poker into the emerging legal American online poker market comes as no real surprise with the spectre of Amaya’s  Poker Stars being proven squeaky clean by authorities for American internet poker consumption.

The possible entry of Poker Stars to the US market is one of the reasons that CEO Jim Ryan has revealed but with the Company’s majority shareholder being the Pala Band of Mission Indians, which owns and operates the Pala Casino Spa and Resort in Pala, California may also be part of the decision not rock the existing online poker boat in New Jersey and not one made lightly.

Ryan was quoted in a  CalvinAyre article on the subject as saying, “There are two very credible poker networks operating in the states of New Jersey at this point in time, liquidity is obviously a challenge, we’ve seen one poker network already exit the marketplace,”

Ultimate Poker, which was the first online gambling site launch legally in the state of Nevada has pulled their enterprise out of the market, with high taxes and slower than expected growth being the reasons for the exit. Liquidity is an essential element that online poker depends upon. The soft market acceptance in Nevada and New Jersey would make any savvy internet gambling executive think twice about throwing money at extending such a project.

 

 

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