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NJ agrees to share liquidity with Nevada and Delaware

New Jersey’s governor confirmed that the the state agreed to share poker liquidity with Nevada and Delaware.

 

The office of the Governor of New Jersey, Chris Christie, confirmed on Friday that the state reached an agreement with Nevada’s Governor Brian Sandoval and Delaware’s Governor John Carney to share liquidity with online licensed operators in those states.

Nevada, Delaware and New Jersey, are the three states in the US to allow some type of online gaming, Nevada only allowed to offer poker. Whilst the agreement between Nevada and Delaware started in 2015, the market in both states was flat so they barely saw an increase in online poker activity. On the other hand, New Jersey has the strongest online gambling market in the United States, even if online poker only accounted 10 percent of the average US$20 million generated every month.

New Jersey has been a pioneer in the development of authorised, regulated online gaming, which has been a budding success since its launch in late 2013. 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,” – said Governor Chris Christie in a statement released on his official website.

New Jersey’s participation is set to increase jackpots and opportunities for play and will encourage operators to expand their offerings in the state. They will also have the possibility to allow their customers to participate in games like poker, tournaments and progressive slot games with players in Nevada and Delaware. Regulators in each state will have to approve an operator interested in offering games in the three states.

David Rebuck, Director of the New Jersey Division of Gaming Enforcement, said: “New Jersey stands prepared to approve a game offering for all three states as soon as an operator submits such a product for testing.

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Source: EEGaming.