French poker set to share liquidity

French poker set to share liquidity

Thursday, May 5, 2016 Totally Gaming
Poker pools are ring-fenced under existing legislation

France is set to allow poker operators to share liquidity with foreign operators following an amendment to the country’s Digital Bill.

The French Senate has voted in favour of three amendments, each sponsored by gambling regulator ARJEL, to the legislation. The changes must now be aligned with the text agreed by France’s Lower House, but the Digital Bill could become law before the end of this year.

Two of the amendments are concerned with the availability of data and the mediation of all arising gambling-related disputes. The third, seen by many as the most important, would allow ARJEL to sign partnership agreements with jurisdictions within the European Union and the European Economic Area for the establishment of shared liquidity for online poker.

Online gaming has been legal since the French Gambling Act was passed in 2010. However, the regime as it currently stands requires licensed online poker operators in the country to ring-fence its players from the rest of the world.

TotallyGaming.com says: “This could be a major development for European poker, and could inspire other segregated markets such as Italy and Spain to follow suit.”

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