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PokerStars NJ and the future of online gaming in US

19-01-2018



Source: pxhere.com

Poker, other casino games and sports betting more often than not go hand in hand together on various occasions, facing similar issues. Current time and processed regulations are certainly exciting for the fate of all of those activities. PokerStars is one of the exemplary beneficiaries of New Jersey’s legal efforts which could significantly impact the whole online gaming business in United States.

Ever since the legal opportunity presented itself, or even before that, PokerStars had been making a lot of effort to mark the New Jersey territory. Especially since April 15th 2011 and the events of so-called Black Friday that took a toll on American poker scene. PokerStars’ site was surely the most anticipated to be seen back online again. All the hard work finally led to September 2015 when New Jersey Division of Gaming Enforcement authorized PS and its second brand Full Tilt Poker to operate in the state. It took another six months to get things running until the soft launch started on March 16th 2016, and the impact on the market was immediate and impressive. As soon as the page went live cash game traffic increased by 20 percent and general monthly revenue settled on nice 25 percent growth that remained for 3 months. The honeymoon period could only have lasted so long, and naturally some of the positive trends subsided. However, PokerStars NJ still possesses many qualities that are desirable in this business, which makes them not only one of the best place to play poker online for US players, but for casino games and sport betting as well. The future seems to be looking rather well, especially with the agreement on 13th October 2017 between all regulated states (Nevada, Delaware and New Jersey) that allows the interested parties to share player pools. New Jersey is even keen on sharing pools with international markets, which will allow out-side players to join the game held within regulated state, but perhaps there is still a long way out until that happens.

This and many more may become a real possibility in the second part of 2018. In December, the New Jersey state’s representatives had the opportunity to present arguments for revoking PASPA (Professional and Amateur Sports Protection Act), that successfully stopped spreading of sports betting in the country, before the highest instance there is – Supreme Court of the United States. The importance of this case cannot be underestimated, as it undoubtedly will influence the future of US sports betting, and may begin the process of dividing the alluring market of estimated annual revenue close to six billion dollars. Potential outcomes of SCOTUS ruling could involve: complete cancellation of PASPA ban, maintaining the status quo or creating some more detailed situation. The decision is believed to be made in the spring, which tones down a bit the revolutionary impulses in the matter, but can make the end of the following year an exciting and busy time. Among the first states to jump the gun in order of legalizing sports betting should be New York, Pennsylvania, Connecticut and Mississippi. Hopefully, we are soon to witness some major changes, going one state at the time.




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