The European country would join Italy and France in a shared poker liquidity agreement before June.
Portugal.- Stars Group Chief Executive Rafi Ashkenazi said that Portugal might be on its way to join France and Italy in a shared poker liquidity pool before the end of the month. A resolution approved in February authorised shared liquidity with other countries.
Earlier this year, the Portuguese Gambling Regulatory Authority (SRIJ) approved some regulations that authorise shared liquidity with other European countries. July 2017 saw regulators from Italy, Spain, France and Portugal sign a deal to allow operators active in more than one market to merge player pools.
While France and Spain are active within the pool, Portugal is getting ready to be the next country to operate. The Group’s CEO said during an earnings call that the PokerStars.PT Portugal site is set to connect with the pool very soon.
“Portugal is likely to be added to the pooled liquidity this month, potentially very soon. I’ve no doubt that this will boost the revenues we are currently generating in Portugal,” said Ashkenazi.