New Jersey

New Jersey Wants Cross-Border Poker Compacts

In an interview with Roger Gros, the publisher of Global Gaming Business, New Jersey Division of Gaming Enforcement Director David Rebuck discussed a number of topics affecting the state’s gambling industry in a podcast. The interview hinted at the possibility of compacting for online poker with other states. A compact with the UK, however, is out the window. Here’s a look at the highlights from the interview that occurred in June: When asked if the Atlantic City casino industry was right-sized at seven casinos, and whether there was room for a Hard Rock casino in AC (which is slated to…

Difficulties Facing State Online Poker Compacts

It seems all but certain that online poker will not be legislated at a federal level before states begin negotiating online poker compacts.  There are a number of potential issues that need to be addressed before states can agree to share player pools. Rake Allocation Formulas The most important issue facing potential Interstate poker compacts is how to allocate rake.  There are five formulas that have been used in online poker to determine how rake is distributed to players.  This distribution is important in terms of taxes and player promotions. Dealt – The dealt rake method was once used by…