- Michigan Pushing for Interstate Online Poker and Casinos. Michigan lawmakers are trying to introduce an amendment for multi-state player pools for poker and iGaming ahead of online poker's official launch this year SB 991 has successfully passed an initial vote and is headed for the Senate and House of Representatives As per the bill, multi-jurisdictional compacts with tribal operators will.
- On July 6, 2017 in Rome an agreement on the shared liquidity in online poker was signed between regulated gambling markets in the European Union. The contract involves gambling regulators in France, Italy, Spain and Portugal. Now these largest European jurisdictions are reunited and can launch a joint pool of players.
The Department of Justice (DOJ) surprised online poker operators who were offering services via the shared liquidity agreements between states that had legalized online gambling operators.
Shared liquidity for online poker between Spain, France, and Portugal is going well so far, according to a statement released by regulators from the three nations. On January 18, 2019, the European shared liquidity turned 1 year old. This was one of the most important events of online poker in the past year because, for the first time, many countries agreed in the creation of a common legal market, breaking borders and barriers. A bad look for NJ online poker. While it's still far too early to tell how shared liquidity will impact the NJ market long-term, the early signs aren't exactly favorable. Fact is, the hype associated with the merge should have catapulted online poker activity to at least an annual high.
The DOJ came out with a new opinion of the Wire Act earlier this year which stated that sports betting cannot operate in a shared liquidity environment and the same is applicable to online poker.
The DOJ issued a 90 day compliance period for shared liquidity operators to withdraw their services and gave them a deadline which expired on April 15.
The decision did not sit well with state gaming regulators as well as iGaming operators who opposed the ruling. The DOJ has now come out and said that it has decided to extend the deadline by another 60 days, which makes the deadline June 14.
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What Is Shared Liquidity All About?
Nevada, Delaware and New Jersey are the only states that have a legalized online gambling market up and running. Pennsylvania has also legalized online gambling but so far iGaming operators have not launched any of their online poker or online casino websites as there are still issues that need to be worked out in the Keystone state.
Gaming regulators in Nevada, Delaware and New Jersey soon found out that their respective online gambling markets were too small for online gambling to flourish and iGaming operators were also reporting weak revenues. To make things better, gaming regulators decided to collaborate and open up their markets via shared liquidity. Gambling ghost witcher 1.
Shared Liquidity Poker Games
Shared liquidity between online poker operators was made possible as Nevada and Delaware initially decided to join their online gambling markets and New Jersey later signed-up as well. The shared liquidity compact between the three states allows iGaming operators to offer their services to an extended player pool as players from all three states can compete against each other.
Shared Liquidity Poker Rules
This allows iGaming operators to target a bigger player base, makes online poker tournaments more competitive and allows the guaranteed prize pools to be a lot bigger. It is a win-win for all three states but that could all be taken away with the new DOJ opinion.
The Department of Justice (DOJ) surprised online poker operators who were offering services via the shared liquidity agreements between states that had legalized online gambling operators.
Shared liquidity for online poker between Spain, France, and Portugal is going well so far, according to a statement released by regulators from the three nations. On January 18, 2019, the European shared liquidity turned 1 year old. This was one of the most important events of online poker in the past year because, for the first time, many countries agreed in the creation of a common legal market, breaking borders and barriers. A bad look for NJ online poker. While it's still far too early to tell how shared liquidity will impact the NJ market long-term, the early signs aren't exactly favorable. Fact is, the hype associated with the merge should have catapulted online poker activity to at least an annual high.
The DOJ came out with a new opinion of the Wire Act earlier this year which stated that sports betting cannot operate in a shared liquidity environment and the same is applicable to online poker.
The DOJ issued a 90 day compliance period for shared liquidity operators to withdraw their services and gave them a deadline which expired on April 15.
The decision did not sit well with state gaming regulators as well as iGaming operators who opposed the ruling. The DOJ has now come out and said that it has decided to extend the deadline by another 60 days, which makes the deadline June 14.
Play USA
What Is Shared Liquidity All About?
Nevada, Delaware and New Jersey are the only states that have a legalized online gambling market up and running. Pennsylvania has also legalized online gambling but so far iGaming operators have not launched any of their online poker or online casino websites as there are still issues that need to be worked out in the Keystone state.
Gaming regulators in Nevada, Delaware and New Jersey soon found out that their respective online gambling markets were too small for online gambling to flourish and iGaming operators were also reporting weak revenues. To make things better, gaming regulators decided to collaborate and open up their markets via shared liquidity. Gambling ghost witcher 1.
Shared Liquidity Poker Games
Shared liquidity between online poker operators was made possible as Nevada and Delaware initially decided to join their online gambling markets and New Jersey later signed-up as well. The shared liquidity compact between the three states allows iGaming operators to offer their services to an extended player pool as players from all three states can compete against each other.
Shared Liquidity Poker Rules
This allows iGaming operators to target a bigger player base, makes online poker tournaments more competitive and allows the guaranteed prize pools to be a lot bigger. It is a win-win for all three states but that could all be taken away with the new DOJ opinion.
WSOP Online Bracelet Events Could Be Impacted
The World Series of Poker (WSOP) is celebrating its 50th anniversary this year by offering 9 WSOP online bracelet events. If the DOJ opinion is upheld, then online poker players can only play this event if they are physically present in Nevada.
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If DOJ opinion is further pushed back or changed, then online poker pros will be able to play these events from Delaware and New Jersey as well.
