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Regulators: No Agreement for Shared Liquidity (Yet)

French regulator ARJEL and its Spanish counterpart DGOJ announced an information-sharing agreement last month.

The deal is similar to ARJEL’s agreements with Italian regulator AAMS and the UK Gambling Commission, hoping “to increase the effectiveness of regulation [through] the exchange of information and alerts.”

ARJEL president Jean-François Vilotte and Spanish director of gambling Enrique Alejo confirmed the agreement today. The two officials, however, emphasized that a deal for pooling liquidity has not been struck yet.

“These agreements between regulators allow networking [only],” explained Vilotte.

It’s just a matter of time, however. Both ARJEL and the DGOJ are in discussions with regulators in other EU member states. Officials in Italy, France, Spain and Portugal will meet before the end of the year to map out a more cohesive regulatory structure, which will likely include pooled liquidity.

“Discussions took place on the conditions necessary for a possible shared liquidity in certain games among some of the countries participating to the meeting,” according to a statement released following a meeting this summer.

 

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