Nevada And Delaware Sign Landmark Online Poker Agreement
Online poker in the U.S. received a major boost on Tuesday as a historic iPoker compact was signed between the state of Delaware and Nevada. Gov. Brian Sandoval of Nevada and Gov. Jack Markell of Delaware signed an agreement which would enable online poker players from both states to play in a combined pool.
This step is seen by experts as essential in order to create a player base that is financially viable. Unlike New Jersey the online poker markets in Nevada and Delaware are still small and with the aid of a compact they can grow into larger operations that will benefit both states.
There are three main points in the agreement. Firstly online poker operators in both states will be allowed to open their game to all players in both states with revenues been evenly distributed depending on the location of the player that generated the rake, Secondly players from both states will be subject to the respective laws and regulations of their individual states. Thirdly there is a structure in place that would enable other U.S. states to be added in the future.
Gov. Sandoval of Nevada was pleased that his state was instrumental in this landmark agreement,” This multi-state Internet agreement is the first ever of its kind. I consider this a landmark intersection in the road of gaming history. … [Nevada is] proud to have the first state as our first partner.”
Gaming heavyweights like vice president of corporate communications for Caesars Interactive Entertainment, Seth Palansky expressed his delight at the agreement,” We are very pleased with agreement between Delaware and Nevada. It’s another case of forward thinking and an endorsement of the importance of pooled liquidity especially for lesser populated States. As Nevada set the blueprint for regulation, they now are setting the blueprint for inter-state collaboration.”
Executive director of the Poker Players Alliance expressed what many feel is essential for the future expansion of online poker in the U.S.” It is terrific progress and hopefully can serve as a model for future Internet poker partnerships as more states regulate the industry.”