The rapid expansion of sports betting could translate into interstate gambling in America. Specifically, multi-state poker compacts could change the face of online poker, and perhaps other forms of web based gambling. Additionally, we’re covering Fantasy Sports news and a major court victory from New York State!
The Coronavirus Pandemic helped spur the expansion of mobile sports betting. In turn, mobile sports betting spurred the expansion of online casinos. And now, online casinos could spur the expansion of online poker across the country via interstate gambling compacts!
As big as some states are, most are not big enough to financially justify regulating online poker because they don’t have enough players. However, even the smallest states could regulate the activity if they are part of an interstate gambling compact which shares liquidity across state lines!
When states form an interstate gambling compact, suddenly the financial concerns of regulating internet poker become viable. And there is just such a compact in America right now between the states of Nevada, New Jersey, and Delaware. And now with Michigan online poker looking to join a interstate gambling compact, plus regulators in Pennsylvania and West Virginia looking as well, things could be set to take off for web based poker in the United States!
How could that effect slot lovers? Well, it could help with wide area progressive jackpots across state lines. It may also be a benefit for peripheral games that rely on lots of players, such as bingo and lottery games. It could also come in handy for online slot tournaments that want lots of players!
