Shared Liquidity Poker
“Shared liquidity will help create a better player experience, we hope will attract a diversity of players and begin to bring poker to a broader audience once again.” New Jersey has indicated that.
Online poker has long been the preserve of all poker pros. Surely, we get enough live actions, coverage, and dedicated commentators unearthing the mysteries and subtle aspects of the beautiful game, as we call it on our pages. Still, there’s more to do for poker’s well-being. A growing number of supporters are now of the […]Online poker has long been the preserve of all poker pros. Surely, we get enough live actions, coverage, and dedicated commentators unearthing the mysteries and subtle aspects of the beautiful game, as we call it on our pages. Still, there’s more to do for poker’s well-being. A growing number of supporters are now of the opinion that pooling poker players togethers should be a main objective for any body that is attempting to push ahead with solid and meaningful reforms for poker in the United States.
- But let's go back a little. What is poker shared liquidity? When a country legalizes online poker, it has two options: 1. Ask poker rooms to apply for licenses or partner with local sites to offer their global services; 2. Create a fenced market where only players living in the same country can play against each other.
- Online poker liquidity progress has stalled in Italy but Portugal pushes ahead, Brazil prepares for a pivotal gambling vote and the Tatts/Tabcorp merger is cleared to progress as the resistant.
The Pool Party – A Necessity
Pooling players together will reap multiple benefits. We have already witnessed the benefits of putting together some of the most noteworthy states with the strongest player base. Delaware, Nevada, and New Jersey have been enjoying the fruits of adding their players together, affording them the opportunity to play against one another without a speck of fear that things may go wrong.
Companies have also started to see the benefits of putting players from across borders together. The buzz that they generate paired with the solid prize pools is a drawing point for everyone in the industry and it could easily turn out to excite grassroots and professionals alike.
Much of the player base are aspiring professionals or working people with jobs that are as diverse as CEOs to handyman, and they all have a shared passion for poker. But the increase in the popularity of poker need not necessarily just favor the community.
If the right circumstances are met, then new operators will want to launch more tournaments and possibly facilities where people can meet and play poker the same way they would normally play online. This will fetch additional revenues for the states that allow the activities as well.
Things Are Being Digitized
Even then, the majority of interest in poker will remain in the online segment, which needs to be liberalized soon and quicker. Having US players disqualified of events for allegedly using VPNs is ludicrous. The pernicious regulation has been most unpleasant for a number of people involved in the industry, including poker professional Gordon Vayo who have been caught in a legal battle with PokerStars over unpaid winnings from a tournament.
Meanwhile, Europe has been consolidating its poker sector in the hopes of getting more interest in online and offline events. Portugal, Spain, and France have all decided to pool their players so that the prize pools may grow and regular players may have a larger offer of competitors to play against and subsequently win against.
According to the Stars Group, which is a subsidiary of PokerStars, the growth in liquidity has been substantial in Europe, with its player base steadily inching up. Similar effects are sought in the United States, but much of the country still remains cut off from the heart of all gambling activities.
However, organizations, such as Poker Alliance are pushing for more open market where all people who want to participate in online poker will have the opportunity to do so without risking legal repercussions.
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Given the somewhat high level of success that shared liquidity online poker has achieved in New Jersey, the focus has shifted to the long-awaited but pending launch of online poker in the Keystone State. However, there is some bad news – the Pennsylvania Gaming Control Board has stated that at the present moment, it is not able to predict the likelihood that online poker operators in Pennsylvania will be able to combine their state player pools with those in Delaware, Nevada, and New Jersey where online poker is thriving.
Shared liquidity or the merging of player pools is increasingly becoming a vital aspect of the online poker industry both in the United States and the rest of the world especially because it allows the casino operators to offer their customers a wider range of games as well as bigger tournament prize pools. These are definitely significant factors as they give more incentive for the participation of more players at the online poker tables. In general, it culminates in a win-win situation with some of the most notable results being more satisfied customers, greater revenues for operators and, of course, more tax revenue for state authorities.
As it stands, only three states – Delaware, Nevada and New Jersey – have a shared liquidity agreement for online poker under the Multi-State Internet Gaming Agreement (MSIGA). It is worth noting that at present, it is only the All-American Poker Network (AAPN) which consists of 888poker and WSOP.com that operates across multiple all three states. All the rest operate only in New Jersey and therefore Pennsylvania poses the best option for operators in New Jersey hoping to expand their online poker offering in the country.
Even though there has been a general agreement in the past couple of months pertaining to the likelihood of the Keystone State joining the Multi-State Internet Gaming Association, recent comments from the Pennsylvania Gaming Control Board have not been very reassuring. These have raised concern about whether online poker is even in the cards.
“While an interstate compact could certainly occur, at this junction I can’t predict or comment on the likelihood,” Doug Harbach, Director of Communications for the PGCB commented.
Why Is Pennsylvania Important?
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As mentioned above, operators in New Jersey will benefit most if and when the Keystone State joins MSIGA. This does not mean that the online poker industry in New Jersey is in trouble. In fact, it remains to be the most profitable internet gambling state in the United States. However, gambling revenues in the state have not increased since the interstate merger and hopefully, Pennsylvania can help push the profit margins up.
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Some of the factors that are causing the stagnation of the state’s internet poker market are pretty easy to identify but their overall impact is still debatable. For instance, in New Jersey, poker players have a wide range of gaming options while residents of Nevada only have WSOP.com. For shared liquidity to work, more sites need to have offerings across a number of state boundaries.
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