Quote:
Originally Posted by Hood
States are working to share liquidity across borders and even potentially internationally. How far aware this is is up for debate. Search around here and on google and you'll find a lot of commentary on the topic.
But no, I don't think this is the future of poker in the US.
I agree this is not the future of online poker in the US. We are in the infancy of legal online gambling.
Delaware and Nevada are also not the states to deliver an acceptable model for all states to follow. They need liquidity pacts to succeed.
If a state as large as NJ is successful in launching a complete online gambling package that makes the state of NJ the revenues that are projected, then the Federal Government will seriously consider overseeing the legality of gambling participation for all of the states that opt in. Pacts will be made prior to DC stepping in.
Passage of laws in NY, CA, MA and PA will hurry the process.
Whether the USA participates with the ROW online will be a long time coming. And it will only come when the Fed is running the show.
The US Companies that are involved in legalized online gambling still have to report and pay taxes on their profits to the Fed as well as the State. Just how government works in the good old US of A.