Nevada and New Jersey are exploring gambling compacts; other states may follow
It could be the biggest alliance since America and Britain made up: Nevada and brand New Jersey the first two American states to legalize and regulate online video gaming could be developing a marketing alliance to produce a larger Internet gambling audience.
‘I think it’s most likely that in 2014 we’ll see a compact between New Jersey and Nevada,’ stated MGM Resorts International CEO Jim Murren, who says his company and others enjoy it are coming together to figure down how everyone can perhaps work to produce an online that is joint gambling between the 2 states. As of now, just Nevada and New Jersey are actively online or going to use the internet with poker and casino gambling (New Jersey only), so it would certainly broaden the player net until more states come on board.
Expanding the Market
Without New Jersey in the mix, some casino operators believe the possible online player population for Nevada is simply too little.
‘We’ve really been concentrating on Nevada’s ability to compact with other states, create more liquidity,’ stated Murren.
In order to make it happen, all 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 doing just what it can in regards to compacts. We don’t jump into the fire without having done lots of careful research and study into the particulars