Unified European poker market now a reality
Large parts of Europe, previously divided by national boundaries, are preparing to unite their player pools. The French regulatory authority, ARJEL, may announce the necessary regulations as early as June. The online poker markets of France, Spain, Italy, and Portugal are expected to be connected by September. This move, which was discussed in the industry for years and welcomed by both players and companies, aims to revitalize the stagnant poker markets by increasing player liquidity and targeting the black market.
Historically, countries closed their markets to prevent unregulated operators from establishing branches and evading domestic taxes. These measures were initially effective during the poker boom, but ultimately proved counterproductive. As the markets stagnated, separation led to fewer active players, longer waiting times, and greater dissatisfaction, leading to even more players seeking alternatives on the black market.
Discussions to revise these measures have been ongoing since 2012, but the legal framework has been slow to develop, particularly in France. However, the French regulatory body paved the way for negotiations with their European neighbors last year. This merger is anticipated to rejuvenate the poker market and boost tax revenues.
An ARJEL official stated, "The increased liquidity that this long-awaited measure will bring should significantly raise the allure of the poker market and discourage the black market."
All parties involved must coordinate and negotiate the details of the agreement, including security and data protection standards that providers will have to adhere to. The Vice President of Communications at Amaya, owner of PokerStars, Eric Hollreiser, expressed his support for the combined poker market:
"Amaya endorses legislative initiatives that safeguard the consumer while fostering the health of the online gaming industry. This market integration is a constructive development that merits the endorsement of all suppliers."
While the United Kingdom hinted at involvement in the project as an advisor, its status as a post-Brexit nation remains unclear. The British Gambling Commission has not publicly expressed support for joining the French, Italian, Spanish, and Portuguese effort.
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Source: www.onlinecasinosdeutschland.com
