Nevada and New Jersey are exploring gambling compacts; other states may follow
It may be the biggest alliance since America and Britain made up: Nevada and brand New Jersey the first couple of American states to legalize and regulate online gaming could be developing a marketing alliance to create a larger Internet gambling audience.
‘I think it’s most likely that in 2014 we’ll see a compact between nj-new jersey and Nevada,’ said MGM Resorts International CEO Jim Murren, who says his business and others like it are coming together to figure out how everyone can perhaps work to produce a joint online gambling arena between the two states. As of now, only Nevada and New Jersey are actively online or planning to go online with poker and casino gambling (New Jersey only), therefore it would certainly broaden the player net until more states come on board.
Some casino operators feel that the potential online player population for Nevada is just too small without New Jersey in the mix.
‘We’ve really been focusing on Nevada’s ability to compact with other states, create more liquidity,’ said Murren.
In order to make it happen, most of the regulatory bodies need to spearhead the union as well, as Nevada State Gaming Control Board Chairman A.G. Burnett explained in an interview: ‘Nevada is striving to complete what it can in regards to compacts. We do not jump into the fire without having done lots of cautious research and study into the particulars of Continue reading