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David Rebuck, the Director of the New Jersey Division of Gaming Enforcement, (NJDGE), recently announced a tentative agreement between the Garden State and the United Kingdom to share their online poker player pools. While the agreement is preliminary at best, this is a significant move for the expansion of New Jersey’s online gambling operations.
Rebuck commented, “We’d still have to figure out lots of issues: specific regulations, how the tax rate from each jurisdiction would be applied, player ID and geolocation issues, and other things we probably haven’t even considered yet. But you have to start somewhere.”
Rebuck has asked New Jersey operators with international experience to provide their feedback about the feasibility of shared player pools on an international level. (Currently, the other two states that have regulated online gambling - Nevada and Delaware - share liquidity for online poker. In New Jersey's case, the issue is shared liquidity across the Atlantic.)
About New Jersey Online Gambling
New Jersey legalized and regulated online gambling in 2013, and its laws require those who gamble on the sites to be physically located within state borders. However, there is a clause that allows the state to enter into a liquidity sharing compact with another jurisdiction - in this case ,that other jurisdiction is England.
While Delaware and even Nevada have struggled to increase the numbers of their online gambling revenue, New Jersey’s online gambling endeavor has been growing continuously, with consistent year-on-year improvements to the tune of a 30% increase.
About UK Online Gambling
The UK has a long history of regulating online gambling, and currently has a thriving industry. All online gambling sites must be licensed by the UK Gambling Commission in order to operate. In 2015, CalvinAyre reported an annual online gambling revenue of over £3 billion, and the numbers are only predicted to get higher and higher.
