Winamax approved to share cross-border online poker liquidity

french-igaming-license-extensions-bwin-unibet-betclic Winamax approved to share cross-border online poker liquidity

Winamax, one of the world’s largest and reliable online poker rooms based in France that organises several thousand games every day, has emerged to be the second French licensee to acquire approval to commence cross-border online poker liquidity sharing.

The French online gambling regulator ARJEL promulgated a notice on Thursday approving officially the Winamax’s France-licensed site to share online poker liquidity with three other nations that agreed over a liquidity deal last summer namely, Italy, Portugal, and Spain.

A similar initiative by the France-licensed site of the Stars Group’s flagship, PokerStars brand, precedingly procured approval by ARJEL which shared liquidity with players on its Spanish-licensed site, last month. However, the Player based out of France and Spain are not privileged to partake in the liquidity pool by registering via PokerStars.es, except they reside in a market that has yet to impose its own formal licensing regime.

Winamax though has not yet acquired a license from Spain’s gaming regulator the company signalled its intentions last October when it inked Spanish poker player Adrian Mateos as its brand ambassador. The company has also been advertising to hire new staff fluent in both French and Spanish.

Portugal’s gambling regulator approved its liquidity-sharing regulations last week, although PokerStars is currently that market’s sole online poker licensee. PokerStars has yet to indicate when it plans to include its Portuguese players in the cross-border pool party.

Italy has yet to confirm when it might make this thrill some threesome a fantastic foursome, but Italian politicians insisted last month that the country would respect the agreement it had signed.

Winamax acquired an Italian concession last October from Betclic Everest Group subsidiary Bet-at-home. Winamax exited Italy’s regulated market in 2015 due to its dissatisfaction with the ring-fenced limitations, so its renewed interest in the Italian market speaks volumes about how favourably poker operators view the new shared liquidity possibilities.


Source: European Gaming News…

The post Winamax approved to share cross-border online poker liquidity appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.

Leave a Reply