Ultimate Gaming Ceases Activity in New Jersey; Players To Withdraw Funds
On Friday, Sept. 19, 2014, Ultimate Gaming announced its exit from the New Jersey online gambling market.
The company ended its online gambling partnership with Trump Taj Mahal Associates LLC in Atlantic City 10 days after the casino filed for Chapter 11 bankruptcy protection and said in a press release that the agreement was terminated due to "multiple breaches by Trump Taj Mahal Associates."
In Nevada, Ultimate Gaming will still operate Ultimate Poker, but the New Jersey online poker room and casino ceased operations on Sunday, Sept. 21 at 11:59 p.m. ET.
With the online poker room and casino now closed, New Jersey players are encouraged to cash out funds from their accounts.
"Please go to your account and withdraw any cash balances you may have by following the normal withdrawal procedures," reads a statement posted on the UCasino.com website. "You will be able to access your account in the normal manner until Sept. 28, 2014. We will begin refunding any unclaimed balances in your account to your registered address beginning Sept. 28, 2014. Unexpired -U-dollars' and tournament tickets will be refunded. After midnight on Oct. 5, 2014, player accounts will no longer be accessible online."