Quote:
Originally Posted by ledn378
Will states be more or less likely to join a reciprocating agreement with Nevada or New Jersey to allow internet gaming than they were to opt in to the federally bill that were proposed over past couple years?
I don't think that is the correct question to ask. It is better to ask if more or less states are likely to pass legislation authorizing Internet poker. The answer is emphatically more.
Under the federal R/K bill - the one bill over the past few years which could have been enacted - the likely opt-in states were those where Caesars and other large casino corporations operate. These same states will opt into NV/NJ. In addition, other states are likely to opt into NV/NJ, since they can opt for full online gambling, operated in their state by the vested interests of their choice (rather than the same large casino corporations).
Then you have the Lottery dominated states (e.g., Delaware). There would have been little incentive for them to opt into online poker under R/K as all they would see is their citizens' gambling dollars going to out-of-state corporations in exchange for a small revenue stream. Now they can develop their own Lottery-run online poker with compacting for interstate pooling.
Similarly, states dominated by tribal casinos (e.g., Connecticut) were likely not to opt in to the federal R/K system for the same reason as the Lottery-dominated states. Why open the door to out-of-state competition for the resident gambling dollars? Of course, unlike state Lotteries, those tribes would then have the opportunity to compete in the national online poker market, but I don't think the piece of the pie they might capture would entice them to want to offer up their own in-state pie to looting.
On the flip side, we will have to deal with a much more fractured market for many years on this state-by-state route. But that is offset by the blackout period that would have been created under R/K, the length of which would have been in reality rather indeterminate. Besides the 15-month blackout dictated by the provisions of the bill, there were so many legal issues left unresolved by the bill (commerce clause, states rights, tribal sovereignty, international trade agreements) that litigation was likely to tie it up for much much longer.
Last edited by PokerXanadu; 03-02-2013 at 07:04 AM.