Nevada Joins With Delaware for Multistate Online Poker Pact
Nevada and Delaware announced they are linking their new online poker operations, a step that will let players in both states gamble at the same virtual tables.
The agreement develops a framework for the expansion of online betting to include other states, according to a statement issued today by both governors.
Combining bets from players in multiple states allows online operators to offer a greater variety of poker games and stakes, according to Seth Palansky, a spokesman for Caesars Entertainment Corp. (CZR)’s interactive business. With more money being wagered, companies such as Caesars can offer larger prizes in tournaments.
“This agreement represents a crucial step in Delaware’s and Nevada’s efforts to make our online poker offerings more diverse, more competitive, and ultimately more enjoyable,” Delaware Governor Jack Markell said in a statement.
Nevada, Delaware and New Jersey are the first three states to legalize online gambling. Betting is limited to players physically in those states. Bloomberg