European Nations Set To Sign First Shared Online Poker Liquidity Agreement On July 6

A creation of poker network that would combine players from all the four countries viz. France, Italy, Spain, and Portugal would be seen after the gambling regulators from these countries sign the shared liquidity agreement within two days. Not until last summer, shared liquidity was considered and eventually implemented despite, being in talks for several years.

Italy was the first one of all the four participating countries to regulate its online poker market in 2006, followed by France and Spain in 2010 and 2012 respectively. Portugal jumped in a little late in the poker market in 2016 with PokerStars being the only operator providing such operations to players.

The players in the four countries have opted for unregulated, black market operations to join large pools, since the lawmakers decided to ring-fence their online poker markets, making it impossible for local players to play games with their counterparts from other European jurisdictions. It has adversely affected the poker revenue as players have been running away from the regulated environment.

Lawmakers are hopeful that the online poker liquidity project would be a good way to attract players to be involved in licensed poker website in their respective countries. The liquidity agreement would be signed on July 6 by the gambling regulators from all the four countries after a meeting in Rome.

Recent Posts

Ethereum-based Virtue Poker is ready to launch this May with an exhibition tournament featuring its ambassador Phil Ivey

Following an announcement on Monday, it was confirmed that ConsenSys based project, Virtue Poker raised $5 million in funding. The…

4 days ago

A fully decentralized Poker application is announced to launch in Q2

Cartesi and Polygon have recently announced the development of a fully decentralized Poker game on top of Polygon’s PoS Chain.…

2 weeks ago

GGPoker heads up with PokerStars by running their GG Spring Festival from April 4 through April 25

Competition this spring will be fierce as GGPoker is taking PokerStars heads on by running their own GG Spring Festival…

2 weeks ago

PokerStars SCOOP 2021 kicks off April 4

The PokerStars Spring Championship of Online Poker (SCOOP) is up pretty soon with $100 million in guaranteed prizes for grabs across 102…

3 weeks ago

America’s Cardroom announces High Five Tournament Series and is looking for the “next Moneymaker”

America's Cardroom has announced its High Five Tournament series. The High Five series will run from March 31 to April…

3 weeks ago

World’s most popular online poker tournament celebrating 15 years

The world's most popular online tournament, the PokerStars Sunday Million is celebrating its 15th anniversary this coming Sunday March 21st and…

4 weeks ago