Ultimate Poker Ceases Nevada Operations

9

Ultimate Gaming, the parent company of Ultimate Poker, today announced it will discontinue all operations in the state of Nevada effectively immediately after complying with all of the state’s gaming regulatory requirements.

PocketFives’ WSOP coverage is brought to you by William Hill Poker, one of the largest skins on the iPoker Network. The poker room offers a generous welcome package including a 200% deposit bonus up to $2,000 and a superb VIP program. Visit William Hill today!

This announcement follows the company’s decision in September to also cease operations in New Jersey, thus bringing an end to the company’s foothold in the US real-money regulated gaming marketplace.

The gaming operator blamed a combination of its original revenue projections falling short on top of the costly red-tape created by the state-by-state regulatory framework.

Chairman of Ultimate Gaming Tom Breitling announced the company’s decision in a press release, “As has been the case in other jurisdictions, online poker revenues in Nevada have fallen far short of original projections. Moreover, the state-by-state approach to online gaming has created an extremely cost-prohibitive and challenging operating environment. These factors have combined to make the path to profitability very difficult and uncertain. Consequently, we have decided to cease operations.”

Ultimate Poker became the first regulated gaming site in the United States when it opened its virtual doors in Nevada on April 30, 2013, bringing in a wave of excitement to players in the state and hopes to players in other states that regulated online poker would open up to them sometime soon. The gaming company should always have its name in the poker history books for being the post-Black Friday pioneers.

This point was not lost on Breitling, “We are grateful to the Nevada Gaming Commission and Gaming Control Board for allowing us to be the first company to operate online poker in Nevada and greatly appreciate their leadership and support as the first state to license and regulate online poker. We are working closely with the Gaming Control Board to ensure a smooth transition for our customers as we cease Nevada operations.”

If you played on Ultimate Poker and are seeking more information on your account, the company encourages you to head to www.ultimatepoker.com and click on “Support.”

9 COMMENTS

    • Any info as to how the cashing out process will work? As well as player options for their points

      Did you get the Email?

    • When they left NJ they sent us checks for balances and couple weeks later another check for tourney tickets that got converted into cash. Any points had to be used.
      Process was smooth. Sad to see them go now from Nevada too. They had the best customer care of all the sites. Top notch customer service

    • When they left NJ they sent us checks for balances and couple weeks later another check for tourney tickets that got converted into cash. Any points had to be used.
      Process was smooth. Sad to see them go now from Nevada too. They had the best customer care of all the sites. Top notch customer service

      I think Terrance Chan headed up UP customer service and he was also one of the original PStars customer service dudes. Guy is legit.

    • I think Terrance Chan headed up UP customer service and he was also one of the original PStars customer service dudes. Guy is legit.

      Chan was a bright spot in the beginning. Everyone started ducking out. Old stars/FT employees & all the OG pros that gave that company any hope all were heading out or getting the boot & the sky was falling. Later UP