Nevada and Delaware Sign First Online Gambling Compact
Delaware Gov. Jack Markell and Nevada Gov. Brian Sandoval signed the country’s first online gambling compact late Tuesday afternoon. The bill allows poker players physically located in either Nevada or Delaware to compete online against one another. Both Governors expressed hope that other states would also join the compact, but to date New Jersey is the only other state in the country to offer online gambling.
The goal of the new agreement is create a larger market of online players and potentially larger pots. While the compact will open up games to players in both Nevada and Delaware, players will be subject to the laws of the state in which they are located. Revenue will be distributed based on where the player is located.
The new agreement provides the legal framework for multistate online poker, but the technology is not yet in place to allow the compact to begin operating. It is unclear how quickly that will occur, though each Governor expressed optimism that the technology would be developed and implemented in each state in quick order.
To read more about the new agreement please click here.