After having announced it for several months and after several delayss, Portugal has finalized its online poker liquidity sharing plan and sent to the European Commission for approval.
In November, PokerStars was the first online poker provider to open under Portugal's new online gambling license but it took the country another two months to finalize their plans to allow online poker sites to share liquidity with other sites in the European Union with regulated markets.
The initial draft was made in April by the national gaming regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) and obtained by Portugual’s National Association of Online Gamblers (Anaon). Last Tuesday it was sent to the European Commission for approval.
It is expected that the draft will now undergo a three to four months standstill period while the European Commission decides whether or not it meets it standards for cross-border harmony which means that Portuguese-licensed online poker sites have to wait at least until April 4th before they can welcome players from other markets that meet the SRIJ's criteria.