The Nevada Gaming Policy Committee recently met to discuss the scope of the eSports industry and the future of online gaming and new opportunities in the state. While it was no surprise that eSports dominated the meeting, Governor Brian Sandoval surprised a lot of people when he brought up the possibility of shared player liquidity in an effort to boost the online gaming market in Nevada.
Currently only Nevada, New Jersey and Delaware have legalized online gambling and all three markets have struggled to hit the revenues that gaming analysts had predicted before the industry was legalized. Nevada has already signed a shared liquidity agreement with Delaware which has helped both states to improve their online gaming industry.
Gov. Sandoval made it clear that he was ready to sign a similar agreement with New Jersey as he believed that collaboration would be mutually beneficial. It makes sense for Nevada to go after a shared liquidity agreement with New Jersey as Nevada has a popular of 2.8 million which means a lower number of gamblers when compared to New Jersey which has a population of 8.9 million and a higher number of gamblers as a result.
The Chairman of the Nevada Gaming Control Board, A.G. Burnett also backed Governor Sandoval’s proposal and stated that they would forge ahead with the process if New Jersey was interested in partnering with Nevada.
New Jersey Division of Gaming Enforcement (NJDGE) have already discussed the possibility of shared player liquidity in 2014 when the NJDGE was looking to collaborate with Nevada and the United Kingdom but nothing fruitful came out of those discussions. Many believe that this was due to the fact that Las Vegas Sands chairman Sheldon Adelson who is the biggest opponent of legalizing the online gambling industry in the U.S influenced a number of New Jersey lawmakers including Governor Chris Christie into delaying its decision on online gambling and shared player liquidity.
New Jersey Senator Ray Lesniak who has fought hard to legalize the online gambling industry in New Jersey came down hard on Gov. Christie in February 2015 when the governor was running for president.
In a statement, Lesniak said “This is just another in a series of Gov. Christie’s actions that turn his back on the people of the state of New Jersey to boost his presidential campaign. My understanding is it was ready to be started in October before Christie interfered.”