8 mins Read
In what is delightful news for poker players residing in New Jersey, Nevada and Delware, New Jersey Governor Chris Christie has announced that along with Nevada Governor Brian Sandoval and Delaware Governor John Carney, an agreement has been reached that will allow iGaming customers in these three states to play with each other in a shared player pool.
While New Jersey online casino revenue have increased since launch, online poker was facing difficulty and the new development should undoubtedly help increase poker revenue in each of the three states.
According to sources, the timeline for sharing player pools is yet to be finalized and will be based on conversations between regulators in the three states.
According to the State of New Jersey press release, Governor Christie explained how the deal might turn out to be a major milestone for online poker and gaming in the U.S. He 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.”
Caesars Interactive Entertainment too issued a statement that clearly shows how WSOP is happy with the new development. WSOP is the only operator that currently serves both Nevada – NJ and said, ““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.”
This is certainly great news for iGaming players who will now have access to more game offerings, larger prize pools and increased jackpots to name a few benefits. Another valuable benefit may be that the deal will draw more U.S. based players into these states as they would want to take advantage of playing in a larger player pool within the country.
In spite of slow legislative momentum in several other states to regulate Internet gaming, NJ remains at the forefront of iGaming reforms, reaping benefits and forging ahead.
As Christie notes, “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.”
The Garden State has seen gaming revenues increase year-by-year and does not appear to be stopping any time soon, projecting at $240 million for 2017. With the multi-state agreement, it can be expected that number may increase further.
There are 23 authorized Internet gaming websites, which are currently operating in NJ and should further increase as iGaming operators are submitting products for testing and many of these are likely to be approved by regulators in each of the three states.
According to a press release, Director of the New Jersey Division of Gaming Enforcement David Rebuck assured that, “New Jersey stands prepared to approve a game offering for all three states as soon as an operator submits such a product for testing.”