Amaya Gaming hopes to launch PokerStars site in New Jersey

Canada-based Amaya Gaming, which spent $4.9 billion to acquire PokerStars last year, said Tuesday it hopes to launch an American-based PokerStars site in New Jersey by the fall.

During a conference call to discuss the company’s fourth quarter earnings, Amaya CEO David Baazov said the company, which is headquartered near Montreal, “expects to be up and running” with PokerStars in New Jersey later this year.

The company has a deal to be the online presence for Resorts Atlantic City and PokerStars has been going through the New Jersey licensing process.

Also, Baazov said Amaya has been actively lobbying for online gaming legislation in California and Pennsylvania.

Amaya is also planning to release a daily fantasy sports product that will be marketed to former PokerStars players in America. The daily fantasy sports product is targeted for release in time for the National Football League season.