French regulator ARJEL explained the agreement would “set the basis for cooperation between the signing Authorities in this context and will be followed by further necessary steps within each of the jurisdictions involved in order to effectively allow for liquidity poker tables”.
Further information regarding taxation arrangements and levels, timeframes and regulatory responsibility between those markets will be provided after the signature ceremony.
With the European liquidity sharing arrangement, the industry hopes to help the online poker sector correct the downward trend it has been suffering over recent years.