The word I am hearing is that Nevada and Delaware's markets are so small that it's not worth the time, expense, trouble, and regulatory headaches of partnering with these small states.

Simply put, poker just isn't making much money, and the casino element of the NJ sites are what's bringing in most of the revenue. As a partnership would only be on the poker side, NJ just won't make enough money for it to be worth it.

WSOP.com Nevada averages 150 cash players, most of whom are microstakes (and therefore rake very little). They are the only site in either NV or DE with any real number of players. They are not expected to grow on the Nevada side, and it is assumed that the market for those sites has basically flattened, with the once-a-year bump during the 7-week WSOP.

So does New Jersey want to go through the headache of partnering with Nevada and Delaware, just to gain 150 (mostly microstakes) poker players? The answer is no.

New Jersey is likely putting off the partnering until some larger states get into the mix. For the moment, they seem uninterested in making this a reality.