With the recent ruling in New Hampshire against the Department of Justice, online poker shared liquidity could create a monster. During its latest trading update, 888 Holdings boasted that it had already moved into the lead among US online poker sites. 888 only serves three states, but the claim of being the market leader includes the combined network of 888 and its US partner, WSOP.

Things may not be good with the rest of the 888 Poker operations around the world, though. Global online poker revenue fell disastrously during 2018, with year-over-year numbers down 28%. The good news from the US, however, provided the primary silver lining for investors. Quietly and steadily, 888 has built a dominant position within the US online poker industry.

While the geographical advantage is nothing new, group revenue only overtook PokerStars after Q1 2018. The introduction of shared liquidity between New Jersey and Nevada provided the spark for that shift in April. Multi-state poker has had a major positive impact on revenue.

The boost from the interstate online poker network is clearly visible in New Jersey. Monthly revenue reports from the Division of Gaming Enforcement had PokerStars well ahead of 888/WSOP until the expansion. Operators felt the impact of shared liquidity immediately, with May 2018 revenue for 888/WSOP exceeding that of PokerStars for the first time since launch.

There has been some jockeying for position over the last year, but PokerStars has topped 888 Poker only once during the last 12 months.

Read more on the impact of online poker shared liquidity in America at the Online Poker Report