Weekly Roundup October 13 2017

Weekly Roundup October 13 2017

New Jersey Enters Into Online Poker Interstate Compact

New Jersey Governor Chris Christie signed an interstate online poker compact with Delaware and Nevada this week. That will permit New Jersey sites to accept players from those states. The platforms could merge player pools between the three states.

WSOP.com is the only regulated poker site that currently operates in Nevada. It is powered by 888, which is the only operator in Delaware. The Nevada and Delaware player pools are already connected into one platform. This makes WSOP.com the main beneficiary in this move.

PokerStars may not be able to move into Nevada. The state has a bad actor clause that forbids it. It would likely take legislation or a successful court challenge to get PokerStars licensed in Nevada.

New Jersey Online Gambling Cracks $20 Million Again

New Jersey generated more than $20 million in revenue for the seventh straight month in September. The regulated poker and casino sites took in $20.4 million. That was up 26 percent from the previous year, according to statistics released by the New Jersey Division of Gaming Enforcement. While casino revenues were up 33 percent from the previous year, online poker continues to struggle in New Jersey. These tables raked $1.9 million in September, down 12.5 percent from the previous year.

Winning Poker Network to Accept More Than 60 Cryptocurrencies

The Winning Poker Network announced that it will add over 60 cryptocurrencies to its cashier. The options include Litecoin, Bitcoin Cash, Ethereum and Ripple.  The cryptocurrency roll out has already started. Players will find all of the options in the cashier of sites banked by the network. These include Americas Cardroom, Black Chip Poker and True Poker.