France, Spain, Italy and Portugal have signed an international agreement on online poker shared liquidity.
France.- French gaming regulator, ARJEL, has commented on the upcoming implementation of international agreement regarding online poker shared liquidity. The agreement has been recently singed by governmental gaming associations of France, Spain, Italy and Portugal in order to boost gaming revenue and further regulate the market.
Clément Martin Saint Léon, Head of Consumer Protection at ARJEL, gave a conference regarding the topic on Tuesday during the 2017 World Regulatory Briefing: Responsible Gambling Innovation. The authority assured that the country has been taking steps towards the implementation of the expected measure.
ARJEL is reportedly close to completing a dossier with technical rules where France would be able to have a role in the shared liquidity project. The official also said that whilst he doesn’t know if there is progress around participants of the project, he hopes that the new network can be launched before the end of 2017 or during the first months of 2018.
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 their regulatory requirements. However, the European gaming authorities “commit to make their best efforts to enable effective implementation by the end of the year,” according to the DGOJ.