Bovada Stops Accepting New Players from Nevada and Delaware after NJ
Bovada announced that it has stopped accepting new players from Nevada and Delaware late last week. The company has already sent similar messages to players in New Jersey, Maryland, Washington and New York.
The company hasn't explained its decision to leave the Nevada and Delaware online gaming markets, but it may be due to threats from state regulators. The New Jersey Division of Gaming Enforcement reportedly sent a cease-and-desist letter to Bovada.
Existing players are still able to play. However, it seems that the company is gradually phasing itself out of the U.S. gaming market. Nevada and Delaware players are allowed to continue playing real money poker, but they are unable to make new deposits.
Bovada has been the most successful online poker provider in the United States for a long time. According to data from PokerScout,.com the network is receiving more than three times as many players as its largest competitor, the Merge Gaming Network.
The recent announcement is discouraging to players that enjoyed playing on the Bovada Poker Network over the years. However, it should be beneficial for the regulated gaming providers in New Jersey, Delaware and Nevada. Online gambling revenues have fallen sharply in New Jersey over the past few months. Most of the state's online gaming providers are optimistic that the market will pick up in the fall, but are still disappointed with the lackluster growth. They will likely have a larger base of players if the Bovada, Merge and other unregulated gaming providers leave the market.