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July 24 2023
Europe welcomes shared liquidity in poker
Posted on April 16, 2024
Europe welcomes shared liquidity in poker
The shared online poker liquidity agreement between European nations is now in force.
Spain.- In order to advance the implementation of the global agreement, regulators in France, Portugal, Spain, and Italy have updated information on shared online poker liquidity. The rules and guidelines for operating the market were revealed last week in a number of messages made by various gaming regulators across the world.
The authorities of France and Spain have reportedly already set up their joint online poker cash game and tournament tables, according to the international press. Before February, the whole information will be released. According to similar sources, Portugal "will join the shared tables shortly after the Spain-France debut."
Italy is still behind schedule because some legislators have unjustified concerns about global money laundering. Given the strong opposition to the existing terms, liquidity sharing in Italy could be postponed for at least a year.
According to the largest gambling authority in Spain, DGOJ, the international settlement was agreed last year by representatives from France, Portugal, Spain, Italy, and Spain. In order to establish new ways to develop the industry, authorised operators could apply to the initiative. Gaming authorities would look at the companies' operations after operators joined the pooled liquidity project for online poker before approving or rejecting the petition.
Although it is a big step for the international gaming industry, the agreement has not immediately come into force as each government will implement it according to its regulatory requirements.
