New Jersey-licensed online poker sites could soon be sharing liquidity with their UK-licensed counterparts, if regulators can work out a few pesky details.
On Sunday, Global Gaming Business reported that the New Jersey Division of Gaming Enforcement (DGE) had reached an agreement in principle with the UK Gambling Commission regarding a transatlantic jurisdictional partnership.
DGE Director David Rebuck cautioned that there were a host of regulatory issues yet to be resolved, including tax rates, player ID and geolocation issues as well as any number of unknown unknowns. But Rebuck insisted that “you have to start somewhere” and that the DGE was “very serious about this.”
The DGE has sent letters to its online licensees that also do business in the UK, asking them for comments on how they’d like to see a shared liquidity program work. Operators have been asked to submit their thoughts by August 1.