US States Nevada and Delaware Sign Landmark Agreement for Interstate Online Poker
The much awaited interstate gaming compact is now a real thing. Delaware Governor Jack Markell and Nevada Governor Brian Sandoval have already signed an agreement, as well as decreed a legislation allowing operators of online poker sites to accept players coming from their respective jurisdiction. This latest development is regarded as historical, as it paves the way for the development of a robust Internet-based poker industry.
In view of the limited player pools currently available to Nevada and Delaware, combining player liquidity is regarded as the ultimate solution to ensuring the continuing success of their state’s online poker offerings. Delaware’s licensed online casino operators Delaware Park, Dover Downs and Harrington generated revenues aggregating to only $88,390.48 in January, while the combined earnings of Nevada-based WSOP.com, Ultimate Poker and the recently added Real Gaming, is estimated to be somewhere between $200k to $500k per month.
As of the moment, there is still no specific date by which Delaware and Nevada poker operators can commence with interstate play. As it is, the technology that could bring multiple poker network sites, to work together across state lines at the highest level of efficiency is still in the development stages.
The newly-signed agreement also initiated the formation of the Multi State Internet Gaming Association, as the two state leaders aim to include operators and players coming from other jurisdictions that have legalized online poker market. According to the two state governors, they expect to add New Jersey in the near future, to which the proposal for an interstate deal has already been brought forward.