Tri-State Online Poker Shared Liquidity Does More For Delaware Than NJ
Nevada, Delaware and New Jersey have been sharing their online poker pools for a month and a half but it looks like the shared liquidity program has benefited Delaware more than it has New Jersey.
The tri-state online poker network launched on May 1 and WSOP.com was the first to take advantage of the shared liquidity program as the online operator had a presence in all three states. Reports show that during the day of the launch, WSOP saw a 33 percent spike in its usual Monday night numbers, peaking up to 300 concurrent players.
Now that the initial shared liquidity hype has died down, one can take a better look at the numbers and see which of the three states has benefited the most for the tri-state agreement and which state hasn’t had much of an impact. According to numbers from the New Jersey Division of Gaming Enforcement (NJDGE), online poker revenue is down 8.97 percent in May, despite the launch of the interstate liquidity.
Although NJ failed to see a boost in online poker numbers, Delaware has had much better results and things appear to be going in the right direction since the launch of the tri-state liquidity program. Reports show that the increased player pools brought about by NJ player traffic has caused Delaware to register over $20,000 in revenue in May. This was the first time since August 2017 that Delaware registered more than $20,000 in online poker revenue.
2018 WSOP Responsible For Increase In Online Traffic?
As expected, the increase in online poker revenue was brought about by the surge in the number of poker players. New registrations have been recorded by Harrington Raceway, Delaware Park, and Dover Downs which saw as many as 1,394 registrations for the month of May.
The increase is cause for celebration, but the report shows that the numbers are still far from the 2014 and 2016 online poker levels where revenue peaks went up to $40,000. Analysts are also on guard about the spiking revenue and traffic since at this point, it is hard to pinpoint whether the additional traffic and activity is brought by the interstate online poker network or the World Series of Poker (WSOP) which is currently taking place in Las Vegas.
Since the WSOP is holding a number of WSOP-related promotions, satellites, and tournaments before and during the festival, online poker activity from May to July could be highly influenced by the festival and not the interstate liquidity. One will have to wait till the WSOP concludes to measure the impact of the Multi State Internet Gaming Association (MSIGA) and see whether Delaware continues to profit and if New Jersey can also witness a boost in online poker revenue.