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Europe Looking at Shared Poker Player Pools

EUROPEAN REGULATORS DISCUSS SHARED PLAYER LIQUIDITY
 
But complicated taxation arrangements may be a serious obstacle.
 
European lawmakers who thought that segregating their online poker players from others in dedicated networks was the best course are now beginning to realise that the most effective way to go is shared player liquidity,.
 
But changing to a more sensible regime is made more difficult by the complicated taxation arrangements in place in various nations.
 
OPRs report discussed last weeks gathering in Paris, France of regulators from the Austrian, British, German, Italian, Portuguese, Spanish and French markets, who discussed the international liquidity issue along with a slew of other concerns that included “standardization, anti-money laundering and anti-financing terrorism, sport betting risk analysis and responsible gambling.”
 
It appears that regulators have largely now accepted that segregated player pools was not the smartest way to go, generating less tax, higher costs and pushing players away from regulated markets in order to escape higher rake and tournament fees and benefit from better tournament guarantees.
 
The article notes that France has already secured parliamentary approval to negotiate shared liquidity arrangements with like-minded nations in the EU and EEA, subject to conditions which include a restriction to certain "circle games" such as Hold’em and Omaha poker, Omaha 5, 2-7 Triple Draw and 7-Card Stud.
 
The authority was only given in May this year, so it is to be expected that France will be making moves to address the liquidity problem through agreements with nations like Italy, the UK, Spain and Portugal.
 
However, the situation is complicated by the diverse and often complicated individual tax regimes in different European countries, accepting that operators will probably be tasked with meeting these needs by differentiating what taxes are due on which players.
 
This obstacle was recently underlined by Pier Paolo Baretta, the Italian minister overseeing online gambling, who told a media outlet that the VAT tax directive from the European Commission, along with other tax laws in various nations, made the issue one not just about online poker, but European taxation too...and in his opinion there is no simple, single solution.



Gambling News :

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Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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