It is happening! PokerStars has announced the merger of liquidity pools from Michigan and New Jersey. It will occur on January 1st and allow players in the two states to play against each other. To celebrate this occasion, the poker platform has announced a $150,000 tournament on January 1st.
PlayStars is the first online poker platform that allows such opportunities for players across two states. Michigan poker players will have the chance to play online poker with NJ poker players. In 2023 players will get more significant possibilities to compete, bigger prizes, and more tournaments.
How to join the PlayStars online poker tournament?
Players in Michigan and New Jersey can join the online tournament with a buy-in of $100 and featuring $100,000 on the line. Afterward, this will be followed by a $50,000 guaranteed tournament with a buy-in of only $10 starting at 18:30 ET.
PokerStars US Managing Director Severin Rasset commented, “Michigan and New Jersey joining forces is great news for our players in these two states, and poker, more generally, as it promises a better experience and even more value, all with the confidence provided by a trusted, licensed operator. We worked closely with the regulators of New Jersey and Michigan, and we hope that more will follow this great example”
History of online poker legalization
To start with, the Wire Act of 1961 put an end to online poker (known as Black Friday). This effectively banned poker across the US unless particular states introduced legislation to legalize it. Even so, this reduces the liquidity pool for players in individual states, hurting the industry overall.
In 2011, the Obama administration explained that the Wire Act would limit sports betting instead of bringing down the big three poker sites. Then the Trump administration’s interpretation of the Wire Act in 2018 followed. The Department of Justice attempted to expand the Wire Act to all forms of online gambling. It backfired with lotteries, regulators, and other industry figures taking action against the Department of Justice.
To continue, The New Hampshire Lottery won a case in a district court despite an appeal from the DoJ in 2019. And IGT also took the DoJ to court over the Wire Act expansion. Finally, IGT won over the DoJ. This brings more clarity for online poker expansion leading to this move from PokerStars.
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