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So far, a liquidity sharing deal remains inconveivable - Online poker in the EU
Liquidity sharing among EU member states online poker market has always been brought on the table of discussion in recent years. However, the real action is still far from being undertaken. Actually, online gambling and games of chance in Europe remain a complex topic do deal with, and the European Commission is likely not poised to make a step forwards in establishing a common gaming market across the European Union. While the EU poker community hoped for a sustainable solution to this matter with the ICE Totally Gaming convention held in London from Thursday February 3 to 5, the said liquidity sharing agreement is still immerged in uncertainty. Harrie Temmink, the Deputy Director of the Online and Postal Services Unit, part of the Internal Market and Services Directorate-General, emphasized fruitful collaboration between regulators and the exchange of information in this ICE Totally Gaming conference.
Moreover, Harrie Temmink highlighted the importance of license issuance in each EU Member States so that any interested gaming operator can fully service gamblers. In fact, a gaming company is not legally authorised to operate in other EU member states with a license issued by other countries. Having said this, the hope for an online poker market ".eu" is not an option so far. Temmink also stressed the responsibility of each Member States in the allocation of non-discriminatory amenities. Anyway, the expectation is that the regular meetings lunched by gaming regulatory authorities will someday lead to a unification of the market, for more liquidity in online poker. Another big problem hindering the process is the EU online gambling and games of chance regulation. While some countries including Belgium, the UK and Denmark have opted for an open system, the likes of France, Italy and Spain still bet on a closed one. Hence, it would first be necessary to find a common ground between these potential markets, not to mention the situation in other countries where the gray market remains of actuality.
Source: Jack SMITH
Monday, 16 February 2015
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