EU regulators to sign poker liquidity sharing agreement on 6 July
The gaming regulators of France, Italy, Portugal and Spain have confirmed that they will be signing an agreement that will mark the first steps towards European online poker liquidity sharing between regulated markets on Thursday 6 July in Rome.
In a press release published today, French regulator ARJEL said the agreement would “set the basis for cooperation between the signing Authorities in this context and will be followed by further necessary steps within each of the jurisdictions involved in order to effectively allow for liquidity poker tables”.
Further clarification over the different taxation arrangements and levels, timeframes and regulatory responsibility between those markets will be provided after the signature ceremony.
The European liquidity sharing arrangement has long been mooted as one of the ways to help the online poker sector correct the downward trend it has been suffering over recent years and operators will be following closely in the hope that it energises the vertical.
Related articles: Spanish online gambling revenue climbs in Q1
France: online betting growth but “tax system is heavy burden on sector”, says ARJEL
Spanish online gambling revenue climbs in Q1