Posts Tagged ‘Portugal’

France, Portugal, Spain Eyeing Early 2018 for Shared Liquidity, Italy Trails Behind

 France, Portugal, Spain Eyeing Early 2018 for Shared Liquidity, Italy Trails Behind

In July, France, Italy, Portugal, and Spain agreed to merge their online poker player liquidity finally doing something positive for poker players after years of each country being ring-fenced from the world. It now appears that Italy may be lagging in its ramp up toward shared player pools and the other countries may start without it.

We don’t know why the four countries decided to separate their players from each other and the rest of world, though one might guess it was something to do with lawmakers thinking their regulations are superior to everyone else’s, so letting players from other countries play in their market would…I don’t know. Whatever.

When the four countries signed their agreement in July, they issued a brief statement:

The 6th of July the French, Portuguese, Spanish and Italian online gambling regulatory authorities signed an agreement concerning online poker liquidity sharing.

This agreement aims at improving cooperation and information exchanges among the authorities to allow the liquidity sharing between licensed online poker operators, fighting the illegal market and fraud, guaranteeing player protection and the respect of the anti-money laundering prescriptions.

The concrete implementation of the sharing will depend on the regulatory requirements of each jurisdiction.

The authorities commit to make their best efforts to enable effective implementation by the end of the year.

As you can see from that last sentence, it was hoped that player pools would merge by the end of this year, but that isn’t going to happen. It now looks like early 2018 is when the borders will open, but it very well may be without Italy for a while.

The problem, according to CasinoNewsDaily.com, is that Italy has not even opened the license bidding process yet. Neither operators seeking to renew their licenses nor those looking to finally gain entry to the Italian online poker market have been able to submit bids and there is no way the process will be completed in time for early 2018 launch. The application process was expected to have opened in September.

Italian poker news site AssoPoker reported that ARJEL, France’s gambling regulatory agency, is definitely pointing at early next year as the target for shared liquidity and that ARJEL president Charles Coppolani has been reaching out to his counterparts in the other countries to see where they stand.

Reports say that France and Spain may launch shared liquidity together first and then Portugal would follow close behind. Italy would hopefully come onboard sooner rather than later, but it needs to get its house in order first.

As one might expect, PokerStars will be involved. In a recent earnings call, Financial Director Brian Kyle said that the world’s largest online poker room plans on being one of the shared liquidity operators. It is currently the only online poker operator that is licensed in all four countries.

The post France, Portugal, Spain Eyeing Early 2018 for Shared Liquidity, Italy Trails Behind appeared first on Poker News Daily.

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PokerStars Launches in Portugal

 PokerStars Launches in Portugal

Amaya Inc. announced on Tuesday that it has gotten PokerStars up and running in Portugal after an Amaya subsidiary, REEL Europe Limited, was granted the country’s first online poker license. The license is for both poker and casino games and permits PokerStars to offer Hold’em and Omaha cash games, poker tournaments, blackjack, and French Roulette.

In a press release, the company said:

PokerStars will maintain the very highest levels of player fund protection by segregating Portuguese player funds under trust agreements, as is done in all markets where PokerStars offers its products. In the meantime, while Portugal remains a closed liquidity poker market, PokerStars intends to actively work with applicable Portuguese authorities to help further develop and enhance the Portuguese regulatory framework for poker, including, without limitation, through the promotion of shared liquidity.

“We are very happy to offer the world’s leading online poker brand to Portuguese players under a local regulatory framework that ensures rigorous consumer protection and gaming integrity,” added Eric Hollreiser, Vice-President of Corporate Communications for Amaya. “This approval demonstrates our commitment to the responsible growth of online gaming by supporting local regulation that protects players, creates a viable marketplace and provides revenue for local governments.”

Legalized, regulated online poker has been in the works for a long time in Portgual. The game was approved in the spring of 2015, but the regulations needed to be approved by the European Union. Thus, there were some delays, but in December 2015, Serviço de Regulação e Inspeção de Jogos (SRIJ) Director and Head of Online Gambling Manuela Bandeira dropped a bomb at the GamblingCompliance Regulatory Briefing in Lisbon, announcing the Portuguese players would be ring fenced from the rest of the world after everyone thought Portugal would have shared liquidity.

That prompted the Portuguese Player Association, ANAon, to urge its members to boycott Portuguese sites (once those sites got going) as long as they remained ring fenced. The group then published three points:

•    Portuguese online poker players will refrain from playing on Portugal-facing sites if those sites are not open to players from other countries.
•    An online poker market with only Portuguese players will not work for the game.
•    The boycott is intended to let the Portuguese regulatory body, the Serviço de Regulação e Inspeção de Jogos (SRIJ) that players will not use such rooms or rooms that are in the “style of the French model that foreigners provided they register at the Portuguese platform.”

It was reported this summer that the SRIJ had decided to allow for shared liquidity, but as of now, PokerStars Portugal players will still only be able to play against other players within Portugal’s borders. It should be sustainable – Portugal is larger than New Jersey and online poker is working there – but shared liquidity would obviously be better. Additionally, the federal taxes are steep: 15 percent on sites with revenues of over €5 million and 30 percent for revenues over €10 million.

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Mesut Özil – The New Zidane ?:poker player magazine

 Mesut Özil   The New Zidane ?:poker player magazine

poker player profilefav , suscribe and remember to watch in 720 p HD Inc Tags: Sergio Kun Agüero (Atlético Madrid)Samir Nasri (Arsenal)Fernando Torres (Liverpool)Zlatan Ibrahimovic(Inter Milan)Kaká (AC Milan)Wayne Rooney (Manchester United) Cesc Fabregas (Arsenal)Ronaldinho(AC Milan)Cristiano Ronaldo (Manchester United)Lionel Messi(Barcelona)Gianluigi Buffon(Juventus),Iker Casillas(Real Madrid),Petr Cech(Chelsea),Edwin van der Sar(Manchester United),Fabio Cannavaro (Real Madrid), Rio Ferdinand (Manchester United), Paolo Maldini (AC Milan), Alessandro Nesta (AC Milan), Carles Puyol (Barcelona), John Terry (Chelsea) (Barcelona), Thierry Henry (Barcelona), Zlatan Ibrahimovic (Inter Milan), Wayne Rooney (Machester United), Carlos Tevez (Manchester United), Fernando Torres (Liverpool), Ruud van Nistelrooy (Real Madrid), David Villa (Valencia). The players featured in this video play for countries: Argentina, Belarus, Brazil, Czech Republic, England, France, Germany, Holland, Italy, Portugal, Spain, Sweden, Togo, Wales.Arsenal, Aston Villa, Blackburn Rovers, Birmingham City, Bolton, Chelsea, Derby County, Everton, Fulham, Liverpool, Manchester City, Manchester United, Middlesbrough, Newcastle United, Portsmouth, Reading, Sunderland, Tottenham Hotspur, West Ham United, Wigan Athletic. Ronaldinho Gaucho SHOW MEN R10 manchester united, sporting lisbon, portugal, english premier league, skills, goals, rabona hocus pocus, sent off rooney, world cup, CR7, CR17, amazing goal, joga bonito, champions poker player tracking

Aloand Alzahawi – Skills And Goals:poker player ratings

 Aloand Alzahawi   Skills And Goals:poker player ratings

vanessa poker playerAloand Alzahawi (born 22 April 1996), is a Swedish football player MORE TAGS: Sergio Kun Agüero (Atlético Madrid)Samir Nasri (Arsenal)Fernando Torres (Liverpool)Zlatan Ibrahimovic(Inter Milan)Kaká (AC Milan)Wayne Rooney (Manchester United) Cesc Fabregas (Arsenal)Ronaldinho(AC Milan)Cristiano Ronaldo (Manchester United)Lionel Messi(Barcelona)Gianluigi Buffon(Juventus),Iker Casillas(Real Madrid),Petr Cech(Chelsea),Edwin van der Sar(Manchester United),Fabio Cannavaro (Real Madrid), Rio Ferdinand (Manchester United), Paolo Maldini (AC Milan), Alessandro Nesta (AC Milan), Carles Puyol (Barcelona), John Terry (Chelsea) (Barcelona), Thierry Henry (Barcelona), Zlatan Ibrahimovic (Inter Milan), Wayne Rooney (Machester United), Carlos Tevez (Manchester United), Fernando Torres (Liverpool), Ruud van Nistelrooy (Real Madrid), David Villa (Valencia). The players featured in this video play for countries: Argentina, Belarus, Brazil, Czech Republic, England, France, Germany, Holland, Italy, Portugal, Spain, Sweden, Togo, Wales.Arsenal, Aston Villa, Blackburn Rovers, Birmingham City, Bolton, Chelsea, Derby County, Everton, Fulham, Liverpool, Manchester City, Manchester United, Middlesbrough, Newcastle United, Portsmouth, Reading, Sunderland, Tottenham Hotspur, West Ham United, Wigan Athletic. Ronaldinho Gaucho SHOW MEN R10 manchester united, sporting lisbon, portugal, english premier league, skills, goals, rabona hocus pocus, sent off rooney, world cup, CR7, CR17, amazing goal, joga life of a poker player



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