In a press release published this week, French regulator ARJEL said the agreement would "set the basis for cooperation between the signing Authorities in this context and will be followed by further necessary steps within each of the jurisdictions involved in order to effectively allow for liquidity poker tables”.
Further clarification over the different taxation arrangements and levels, timeframes and regulatory responsibility between those markets will be provided after the signature ceremony.
The European liquidity sharing arrangement has long been mooted as one of the ways to help the online poker sector correct the downward trend it has been suffering over recent years and operators will be following closely in the hope that it energises the vertical.
Source: GMB / iGaming Business
