Europe hasn’t set poker liquidity yet
European regulators have not reach an agreement to finally implement online poker liquidity.
Portugal.- Although legal representatives of the industry held a major meeting in Lisbon, Portugal, the online gaming market in the continent has not received any update on its legislatives issues. It was expected that the European regulators would have reached an agreement to establish a multilateral online poker deal by now.
As Casino News Daily comments, the online poker shared liquidity is still under discussion by the administrations from France, Italy, Spain, Portugal, and the UK. It has been a year since the authorities first gathered to evaluate a possible shared market in order to strengthen the benefits and install a multilateral control over the online poker platforms.
However, the governments have not released a formal agreement yet, and the expected poker liquidity is still an unachieved goal. Under a shared market, European authorities would establish common legislations to regulate tax and licensing conditions, among other relevant legal and economic issues.
According to the Casino News Daily article, during the negotiations between the five countries, Austria and Germany also presented their plans to join the discussion. The latest meeting was held in Lisbon from May 10-12, where authorities mainly evaluated legislations to control anti-money laundering and anti-terrorism financing operations. Regulators set another meeting in October in Rome, Italy.
