- Online Poker Shared Liquidity Ratios
- Online Poker Shared Liquidity Strategy
- Online Poker Shared Liquidity Accounts
- Online Poker Shared Liquidity Ratio
New Jersey Governor Chris Christie announced a deal that will allow online poker operators in his state, Nevada, and Delaware, to share player pools.
A shared liquidity agreement to grow online poker in New Jersey, Delaware, and Nevada has been reached. (Image: pokernews.com)
Tri-state shared liquidity announcement engages online poker players throughout the country. United States online poker players in three states received great news on April 16th when they learned that New Jersey, Nevada and Delaware player pools will share liquidity starting Tuesday, May 1st. US Shared Liquidity Boosts Online Poker Revenue in Delaware On top of the impact realized in New Jersey, the smallest online poker state shows shared liquidity is a game changer. Figures reported by the Delaware Lottery show that online poker experienced an uncharacteristic rise in revenue last month. Is Shared Liquidity Ever A Bad Thing For Online Poker Players? One of the biggest problems facing US online poker is that no one knows what the market will look precisely like at full maturity. It isn’t all that young, of course. Legal online poker has been available in New Jersey, Nevada, and Delaware for six years. The easy route to shared liquidity is to deal with EU segregated markets Spain, France, Italy, and Portugal segregate their players from playing in the global dot-com player pool. France actually allows foreign residents to play at nationally regulated online poker rooms, but only if they are allowed to by their own national legislation. A bad look for NJ online poker. While it’s still far too early to tell how shared liquidity will impact the NJ market long-term, the early signs aren’t exactly favorable. Fact is, the hype associated with the merge should have catapulted online poker activity to at least an annual high.
This is good news for poker players in these states who are fed up with constantly having to wait to get into a game.
When the new deal goes into effect, there should be more games available on poker sites in these states because there will be more players.
The agreement, approved by the outgoing governor Christie, will allow the three regulated states to share liquidity and combine player pools. The present law only allows New Jersey poker players to compete with others in the state. Delaware and Nevada already had a shared liquidity agreement, but adding the Garden State changes everything.
New Jersey has far and away the largest online gambling market in the United States. That could all change if other states such as California and New York pass legislation, although that doesn’t appear a likely scenario, at least for the foreseeable future.
Online Poker Shared Liquidity Ratios
What’s in the Agreement?
Governor Christie has been trying to make New Jersey a hotbed for online gambling and sports betting. He helped the state legalize internet gambling in 2013 and attempted to push through a bill to bring legal sports betting in his home state.
In an attempt to generate more revenue, Christie believes partnering with other regulated states will do the trick.
New Jersey, Delaware, and Nevada will share poker site player pools and revenue. The deal permits operators to set up a server in any of the three states and service customers within those states. In the past, for example, a New Jersey gaming operator was only permitted to host a server in Atlantic City.
“New Jersey has been a pioneer in the development of authorized, regulated online gaming, which has been a budding success since its launch in late 2013,” Governor Christie said. “Pooling players with Nevada and Delaware will enhance annual revenue growth, attract new consumers, and create opportunities for players and Internet gaming operators. This agreement marks the beginning of a new and exciting chapter for online gaming, and we look forward to working with our partners in Nevada and Delaware in this endeavor.”
Online Poker Shared Liquidity Strategy
Slot Players Will Benefit
There is another part of the deal that doesn’t impact poker but will benefit slot players. With the shared liquidity agreement, players in each of the three aforementioned states will have an opportunity to compete for a shared progressive jackpot on certain progressive slot machines.
Online Poker Shared Liquidity Accounts
Casino games that are offered on cross-states sites will need to be approved by each individual state before launch. According to a press release, this part of the deal still needs to be worked out.
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Online Poker Shared Liquidity Ratio
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