Italy’s gambling authority Agenzia delle dogane e dei Monopoli (ADM) disclosed on Tuesday that the online poker markets in Europe were going to merge their player pools. In addition, officials have confirmed that the debate on a shared liquidity plan is progressing steadily.
A meeting to take place in Brussels in May will take the issue further. During it, the Italian regulator is expected to present a draft of the legal framework that is to regulate online poker shared liquidity operations between Italian and Spanish, Portuguese, French, and British operators.
Last year, the iGaming industry in Italy generated €1.03 billion which was a 25% increase from previous year figures. However, poker operators got a total of only €138 million, 5% down year-on-year.
It is believed that after online poker was regulated in France, Italy and Spain, these markets became segregated and offered players limited competition opportunities.
Last November French, Italian, UK, Spanish and Portuguese gambling regulators revealed that the first shared liquidity agreements could be expected by mid-2017.