Currently there are just three states within the U.s.a. — Delaware, Nevada, and New Jersey — which enable regulated online poker. In early 2015, Delaware and Nevada signed a pact enabling the 2 states to share player liquidity in hopes of growing the sport and making them more attractive to players. Now, Nevada is trying to position pressure on New Jersey to follow suit and share player liquidity.
Recently, Legal Sports Report reported that the Nevada Gaming Policy Committee would meet with eSports representatives to talk about two main topics: "eSports and the following generation of gaming" and "online gaming and future opportunities for Nevada."
While eSports dominated the meeting, Nevada Governor Brian Sandoval took good thing about the spotlight to also speak about online poker, where the state's market is a far off second to New Jersey. Despite Las Vegas being referred to as the gaming capital of the world, it is sensible that less total players are active in Nevada as a result of its population of 2.8 million in comparison to New Jersey's 8.9 million. While Nevada does attract many gaming tourists, playing online isn't probably the most top activities, that's one more reason why tournament guarantees and ring-game liquidity are much less than that of the Garden State.
Sandoval created waves through the meeting when he stated the state was immediately able to sign an interstate agreement with New Jersey.
"I'm able to go," shared Sandoval. "IT IS A win-win for both states."
A.G. Burnett, Chairman of the Nevada Gaming Control Board, immediately hopped at the bandwagon by saying the state was "ready, willing, and ready to" forge ahead with an agreement with New Jersey to share player liquidity.
Many agree this can be an enormous win for Nevada, as New Jersey's online poker economy is holding strong and would supply a rise in offerings attractive to these living in and visiting the Silver State. Additionally, while an agreement is probably not as monumental for brand spanking new Jersey, it might also potentially pave the best way for future shared liquidity agreements if other states akin to Pennsylvania, New York, Michigan, and California may be able to also create a regulated online gaming regime.
Sandoval can have been overly optimistic in regards to the strength of his state, sharing through the meeting that the states coming to an agreement "can be like putting together the Yankees and the Dodgers." While it's true that the 2 states are currently the most important to permit for regulated online poker, the market sizes are dwarfed compared to a couple of the opposite states currently considering legislation.
Despite the pressure from Nevada, many believe that the 2 states will unlikely come to an agreement within the near future. The state's regulatory New Jersey Division of Gaming Enforcement (NJDGE) is thought to have explored possibilities up to now with nothing to report.
In November 2014, NJDGE Director David Rebuck raised hopes for players within the Garden State when during an interview with Philly.com he mentioned that discussions not just already happened with regulators in Nevada, but those within the Uk to boot. He also shared while no deal was immediately at the table, that during 2015 the regulatory would try to expand liquidity.
While it's not known exactly why a deal hasn't already transpired between New Jersey and Nevada, Online Poker Report editor Joss Wood speculates that politics would be the core reason.
Sheldon Adelson, Las Vegas Sands Chairman and CEO and well-known online gaming antagonist, is assumed to have donated a little bit to the failed presidential campaign of recent Jersey Governor Chris Christie. Typically, financial support from Adelson doesn't come without promises to reciprocally support his agenda.
During the time when PokerStars was awaiting popularity of licensing within the Garden State, New Jersey Senator Ray Lesniak was outspoken about how politics were interfering and causing delays within the process.
"This is simply another in a sequence of Gov. Christie's actions that turn his back at the people of the state of recent Jersey to spice up his presidential campaign," Lesniak shared in a phone interview with PokerNews in February 2015. "My understanding is it was able to be started in October before Christie interfered. Sheldon thought his ban was able to go within the lame duck and now he's trying again. I UNDERSTAND HOW politicians' minds work. It is simple for me to peer Christie saying, 'I'll buy you time on this, but I CANNOT hold it off forever.' I FEEL you must get this story out that Atlantic City is hurting and Gov. Christie is playing presidential politics."
While PokerStars began operations in New Jersey in late March and Christie's Presidential campaign was suspended, many believe there's little political benefit to Christie, who remains Governor until Jan. 23, 2018, moving ahead with a shared liquidity agreement.
Even if politics isn't a subject there are a couple of other hurdles to cross to make shared liquidity a reality. One includes that an agreement with Nevada (and Delaware) would currently only benefit probably the most three New Jersey networks. Along with PokerStars NJ, WSOP NJ shares a network with 888poker NJ on 888's software platform, while partypoker NJ shares a network with BorgataPoker.com on partypoker's software platform.
In Nevada, currently only WSOP NV operates on 888's platform, which, as mentioned earlier, shares liquidity with Delaware's regulated sites on 888poker. While partypoker doesn't currently operate a network in Nevada, it's believed it's something they're considering. Meanwhile, PokerStars is locked out from even applying for a license in Nevada until Feb. 21, 2018 because of a bad-actor clause.
Whether or not they seek and granted acclaim for a license even then might be further clouded because of insider trading allegations made in March by Quebec's securities regulator Autorité des Marchés Financiers against David Baazov who subsequently took a voluntary leave of absence for an indefinite time period from as Chariman and CEO of Amaya Inc., the landlord of PokerStars.
The proven fact that shared liquidity might only immediately benefit one network could potentially be overlooked and perhaps political issues aren't as big as they appear. However, even though both these issues aren't really issues, there are still a couple of smaller apprehensions that might prevent a deal to happen including New Jersey previously sharing constitutional concerns where the servers for game-play could be located. Online Poker Report implied this may not be a big concern for the reason that Chairman of the Nevada Gaming Board mentioned this issue might be easily resolved.
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