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Liquidity sharing adoption expected this year - France
Frances online gambling regulator ARJEL (Autorité de Régulation des Jeux En Ligne) has recently brought back the liquidity sharing initiative on the table of discussion. Many would argue that the fact that France has always kept its poker market ring-fenced is one of the toughest blocks preventing its poker industry from thriving in recent years. Thus, liquidity sharing agreement with other European countries is the only way to give a boost to Frances online poker industry. However, a pretty modest number of legislators discarded this encouraging initiative during a parliament session held in March 2014. As for ARJEL President Charles Coppolani, he shows a strong commitment for a shared players-pools with Spain and Italy. The process is apparently moving apace especially thanks to the support of the UMPs Dino Cinieri on Amendment No. 1658 on January 30th (2015).
The said amendment actually provides regulated e-poker rooms in France a great opportunity to operate shared player pools with other Member States within the European Union. Of course, it requires proper guidance to promote legal offers and readjust taxation policy here-on. But the Minister of the Economy and Digital Trade, Emmanuel Macron, does not likely agree with the legislators opposition. He wants to address the liquidity-sharing issue by introducing a new ipoker bill, and that, in co-operation with ARJEL. Then Dino Cinieri requested the withdrawal of the amendment, which was finally rejected after receiving an unfavorable opinion by the Committee. Anyway, 2015 is a decisive year for Frances online poker industry, including the adoption of a liquidity sharing agreement.
Source: Jack SMITH
Friday, 27 February 2015
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