Friday, February 28, 2014

Nevada and Delaware enter Online Gaming Agreement

Nevada and Delaware made history on Tuesday by making an online gaming agreement. This arraignment is called compacting. This is where two or more states share the revenue that is generated in online gaming. Governor Markell of Delaware and Governor Sandoval of Nevada
both expressed the hope that New Jersey would considered joining them as well. They are currently the only 3 states that offer on line gaming in the United States.
 
Nevada currently offers poker only. Delaware and New Jersey offer slots, poker and all other casino games. Poker is the big draw in the on line gaming world. The culture is already established and the game is extremely popular. Poker has universal appeal and is considered a game of skill and not chance.
 
I like this agreement. Both markets will benefit. Neither have made a major impact in terms of revenue. If the agreement works, it will show the feasibility of other states getting involve. As of this post at least 10 states are considering online gaming legislation. While I'm in Las Vegas, I'll find out what the top gaming executives think of this deal.

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2 comments:

  1. This is so interesting, especially now that online gambling is increasingly getting popular.
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