Breakthrough Indeed For European Regulated Online Poker! (Update)

Regulatory authorities will work towards implementation of shared online poker liquidity by the end of the year

French, Spanish, Italian and Portuguese regulatory authorities met in Rome Thursday to formalise and sign an agreement on the sharing of online poker liquidity (see previous InfoPowa reports).

The purpose of this agreement is to strengthen cooperation and exchange of information between authorities in order to allow for the sharing of liquidity between authorized online poker operators, combat the illegal market and fraud, ensure player protection and respect for anti-money laundering provisions,” a press statement from Spain’s Dirección General de Ordenación del Juego (DGOJ) reads.

The actual implementation of the sharing will depend on the regulatory obligations of each jurisdiction, however, the DGOJ said the regulatory group are committed to making their best efforts for effective implementation of shared liquidity by the end of this year.