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French Poker Ring Fence To Be Resolved
RESOLUTION OF POKER LIQUIDITY PROBLEM IN FRANCE JUST A SIGNATURE AWAY
State president has 15 days to sign off on legislation authorizing poker player pool sharing.
Reports in the French media indicate that one of the problems hobbling the French online poker industry - a ring-fenced market that prohibits player sharing with other nations - could be resolved in the near future.
Our readers will recall that for some time now the French regulator ARJEL has been holding collaborative talks with other European nations, and has repeatedly urged politicians to lift the restriction on player sharing, so essential to developing viable online poker liquidity.
In May this year the French Senate finally gave its approval in an amendment that read rather cumbersomely:
"The online gaming regulatory authority may allow an operator holding a license under Article 21 to offer poker players with a verified account on a site subject to accreditation to participate in circle games as defined in the first paragraph with the players holding an account on a site subject to approval by a member State of the European Union or State party to the agreement on the European Economic Area."
That has been followed by the news this week that the French Digital Bill (Project de loi pour une République numérique) has now been finalized and referred to French president François Hollande for signature into law.
According to the French media Hollande has 15 days to sign or veto, and the indications thus far are positive.
The measure apparently includes anti-problem gambling provisions and - interestingly - eSports regulatory requirements.
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2017 Aussie Millions Event 1 -
The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.
Swiss Reject idea to Block Gambling Websites -
The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.
Growth Ahead For Online Gambling -
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
New Qubit software For SkyBetting -
#qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.
Slotfather II Slot Launching -
#betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..
Massachusetts Online Lottery Bill -
Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.
Italy Doing Well With Online Sports betting -
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
Michigan To Reintroduce Online Gambling Bill -
#Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.
MGM Buys DC office building For lobbying team -
#MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.
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