France Passes Internet Bill Favorable To I-PokerCountry Can Look Into Liquidity Sharing Deals |
|
The French online poker market will soon be able to share liquidity with other countries, as the government has passed an Internet reform bill that will help the contracting poker market.
According to reports, the legislation will allow the country’s poker players to compete against players in other European nations.
La Tribune reported that the legislation, which was adopted by the Assembly in July and approved by the Senate late last month, advocates for more open public data, better protection for users and improved access to the Internet.
According to research from the French Authority for the Regulation of Online Gaming, the French online poker market was worth $350 million in 2011, but it has been on the decline thanks to being ring-fenced. Current estimates peg industrywide online poker revenue at $280 million a year.
Thanks to a lack of liquidity and US players being mostly unable to play online poker, the global online poker market has shrunk more than 20 percent since 2012, according to some estimates.
Europe is where the bulk of the roughly 85 nations across the world that allow online gambling are located. Roughly 40 percent of worldwide online gaming revenue is generated on the continent.
Copyright © 2001-2024
CardPlayer.com. All rights reserved.
