New Jersey to share liquidity with Nevada and Delaware
Three states have agreed to a compact covering poker, tournaments and progressive slots
New Jersey has reached an agreement to share online gaming liquidity with Nevada and Delaware, state governor Chris Christie has announced.
The agreement will allow customers in all three states to play against one another on a variety of games including poker, casino tournaments and progressive slots.
Regulators in each of the three states will have to approve an operator offering shared liquidity games.
The timeline for the compact to come into effect has yet to be established, but regulators said they were working towards integration as quickly as possible.
Christie said the compact would 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 endeavour,” he said.
The statement also suggests operators will be required to have servers in New Jersey to participate in the compact.
The announcement will be welcome news for poker operators in particular, with the vertical struggling for growth and even declining in recent months, while sites that offer progressive slots will also benefit from bigger jackpots.
888 and WSOP, which run the All American Poker Network, are both already licensed in Nevada, so stand to gain players, while PokerStars is currently banned from offering games in the state thanks to a bad actor clause in the state’s egaming legislation.
Caesars Interactive said in a statement: “We applaud the government leadership and the regulators in New Jersey, Nevada and Delaware for reaching this meaningful agreement.
“We will immediately begin efforts to take our existing Delaware-Nevada compact and add New Jersey to the mix by following the requirements established by the regulators so WSOP.com can share liquidity with all three states.”
Rich Muny, the vice president of the Poker Players Alliance, added. “PPA applauds this move. We have consistently sought expanded player pools for increased liquidity, allowing players more choices and variety. We also believe this will help other states to see that it is time for them to move forward on online poker and iGaming, as they may now be able to join with these states and not get left behind.