A recent Connecticut gaming bill does not specifically mention the possibility of shared liquidity, but legislators are open to it. The state is awaiting the final Wire Act ruling, which could open the door for interstate poker. The DoJ has indicated that it does not plan to appeal that decision, opening the door to shared liquidity agreements with other states.
Legality of online poker in the United States
In recent years, the legality of online poker has become a hot topic among lawmakers across the United States. Whether it will become legal in your state will depend on the political landscape and how quickly it spreads throughout the country. Some states have already passed legislation to legalize online poker, including California, New Jersey, and Washington, D.C. While other states have not yet approved online poker, there are signs that more are on the way.
The Unlawful Internet Gambling Enforcement Act (UIGEA) was passed by Congress in 2006 and was intended to stop money flowing through online gambling sites. The UIGEA made it illegal for banks to process payments for websites that were involved in illegal gambling. This prompted many of the largest poker sites to leave the United States market. Others, however, stayed in the country and were able to avoid UIGEA penalties.
Shared liquidity requirements
Shared liquidity requirements for online poker are a recent development in the world of online gaming. The move was initially a result of the legalization of online poker in Pennsylvania, but the market is still not ready for shared liquidity requirements. However, with the passage of time, the issue of shared liquidity should become less of a concern as the market is expected to stabilize and grow in the near future.
Regulatory authorities in several U.S. states have entered into a multi-state internet gaming compact that requires participating online poker websites to share liquidity between themselves and with players in another state. The agreement is governed by the Multi-State Internet Gaming Association, which is based in Delaware. Nevada and Delaware joined the agreement in 2014, and New Jersey joined in 2017.