If you’re interested in trying your hand at online poker, Connecticut is now the seventh US state to legalize it. The state will offer the same games as other states, but it won’t offer shared liquidity and will be a smaller market than other states. Here are some things to know. Listed below are some facts about online poker in Connecticut.
Connecticut is the seventh US state to legalize online poker
The state of Connecticut is the seventh in the country to legalize online poker. However, before Connecticut can offer online poker, it must first get its iGaming regulations approved by the federal government. Connecticut’s iGaming regulations would allow out-of-state simulcasting of certain types of poker games until March 2022, and the state would then need to update those regulations before it could become part of an interstate compact. However, Connecticut is a small state with a population of around 3.5 million, so it is likely that big US companies will not be too worried about entering Connecticut’s market.
Connecticut’s gambling regulators have also approved the regulations for online poker. The regulations were finalized on Feb. 1. The state will launch legal online casino gaming in October 2021 and retail sports betting in September 2021. However, the regulations for “peer-to-peer” gaming took longer than anticipated. The gaming department of Connecticut did not hear from any online poker operators before they approved the regulations. Nevertheless, online poker operators in Connecticut will have to be affiliated with a state-licensed tribe in order to be allowed to offer their services in the state.
It is a relatively small market
Utah has not yet legalized online poker, and the market may take many years to develop. Liquidity sharing is a long way off, and it’s unlikely that all 50 states will authorize online gambling. Still, if these markets open up, online poker could be available to the vast majority of Americans.
It does not offer shared liquidity
While online poker has become legal in some US states, it does not offer shared liquidity, which means that players must use their own funds to fund their accounts. While some states have imposed their own restrictions, others do not have any restrictions at all. The Multi-State Internet Gaming Agreement (MSIGA) defines the conditions for sharing liquidity in online gaming. It also contains provisions governing data protection, governance, and dispute resolution. It was first ratified by Nevada and Delaware in February 2014. Since then, the MSIGA has undergone three revisions. In September 2017, the agreement was amended to include New Jersey. The latest version of the MSIGA includes provisions to facilitate Michigan adopting its own rules.
The US online poker market has been plagued by the lack of shared liquidity because of the segregation of player pools. Although Delaware and Nevada started sharing liquidity in 2015, their combined population was not enough to reach critical mass for growth. However, that didn’t stop the other two states from joining. In October 2017, New Jersey joined the Multi-State Internet Gaming Agreement, which made online poker available to players in their state.