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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.

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Gambling News :

Oryx in deal with Extreme Live Gaming - #oryx Turnkey provider ORYX has selected Extreme Live Gaming for the integration of a number of Live Casino titles to its games platform.

GAN Partners with Station Casinos - B2B online gaming company GAN (formerly Game Account Network) has revealed Station Casinos as its previously unidentified partner in an announcement made August 2016

Tipbet Sponsor of easy Credit Basketball Bundesliga for season 2016/2017 - #tipbet The agreement comes with good timing; the BBL basketball 2016/17 season started last Friday, ensuring that Tipbet benefits from high visibility for its brand presence at the games.

Oceanís Call Slot Launches - Online gambling games developer Habanero has embarked on a journey across the high seas to bring players its latest HTML5 high resolution slot title, Oceanís Call.

Big Names Playing WCOOP - The big names came out to play in the closing stages of the World Championship of Online Poker this week as major prizes were handed out in a number of exciting and entertaining competitions.

Should Gibraltar and Britain be regarded as a single state under EU gambling laws? - The issue has been referred to the ECJ by the High Court with the question "should the UK and Gibraltar be treated as a single member state when it comes to EU law on remote gambling?"

Sirplay to Open Argentina Branch - #SirPlay expects the new office to be fully operational by early next year, extending its service to Grupo Slots, which holds a license to operate the provincial San Luis Lottery, and other potential LatAm clients.

DFS Changes for Ohio - #dfs Coley says that at present DFS is an example of the "pools for profit" concept, the rules for which the state Attorney General has opined are unclear in relation to DFS.

New Jersey Teams Up With Kahnawake Gaming Commission - The New Jersey Division of Gaming Enforcement and the Kahnawake Gaming Commission have agreed to collaborate in preventing unlicensed online operators from accepting bets from New Jersey and other U.S. states through the Continent 8 data centre situated on tribal land, according to reports Tuesday from the Associated Press news agency.

Petition to Ban Online Gaming in Singapore - Singapore Pools and Singapore Turf Clubís application to operate online betting has triggered the origination of a petition that calls on the Government to deny authorization and stop legalization of online gambling.

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