partypoker Shared Online Poker Liquidity to “Happen in the Coming Months”

Online poker operator partypoker is definitely looking to board the shared liquidity train, a representative for the growing brand has confirmed in a Two Plus Two forum post.

Partypoker, whose parent company GVC Holdings is currently waiting regulatory approval to close what could be a £4-billion takeover of British bookmaker Ladbrokes Coral, has been expanding both its online and live poker footprint at quite a rapid pace over the past several years.

France and Spain were the first two countries to roll out shared poker tables last month via the newly created PokerStars Europe network. Asked whether they were planning a similar move, the partypoker representative said in a post on Two Plus Two that the operator was already present in both France and Spain and indicated that they were interested in exploring the opportunities offered by the shared liquidity project but would wait for Italy and Portugal to join the scheme.

We already are in both the Spanish and French markets
If you are asking regarding joint liquidity – yes it will happen in the coming months likely also including Italy and Portugal

Portugal has recently completed almost all steps to be able to open its poker market for shared liquidity. One final step includes the publication of a technical standards framework in the nation’s Official Journal. Once this happens, operators licensed in Portugal will be able to merge their local player pool with these of Spain and France.

While Italy is way behind its partners in the project in terms of preparing the necessary documentation, it is understood that the country has been working toward the eventual launch of shared poker tables and that this might happen in the coming months.

When Will partypoker Merge Its Player Pools?

As mentioned above, partypoker already operates in the French and Spanish online poker markets via local websites. In Italy, it is present through a local network of bwin and Gioco Digitale skins. Here it is important to note that the operator used to manage a partypoker.it website, but shut that one down in mid-2016.

It is yet to be seen how exactly it will participate in the shared liquidity project, that is either with its current Italian network or with a relaunched partypoker.it website.

The online poker brand is also yet to obtain a license from the Portuguese gambling regulator, Serviço de Regulação e Inspeção de Jogos (SRIJ). At present, PokerStars is the only licensed operator in the nascent online poker market, but it is believed that SRIJ will issue more licenses to interested operators once it joins the shared liquidity network.

Partypoker indicated that it was interested in entering all four countries that participate in the project.

It will be country-specific and will not be open to.com players
I’ve heard rumours the .ES PS is open to all – however I know from my own account you need an NIE number to update details and cash out – that’s only available in Spain with residency
Likely any merger we launch will have similar requirements and require proof of residence to open an account/withdraw etc

As for timeline – no details to share

While the partypoker representative did not provide specific time frame as to when the operator will be able to launch shared poker tables, they pointed out that its shared liquidity network would be country-specific and players from its global .com site would not be admitted.

At present, PokerStars’ .es website admits non-Spain-based players. However, poker industry insiders have suggested that the operator might close its network only to players from the four participating countries once all four of them join the project.

The partypoker representative said on Two Plus Two that even though PokerStars’ network is open to practically everyone from the European union, players may not be able to withdraw their winnings as transactions can only be completed by people with valid NIE number (tax identification number) in Spain.


Follow us on Facebook and Twitter to keep up with the latest developments in the global gambling industry.

Related News

CasinoNewsDaily is a media focused on providing daily news from the casino industry as well as in-depth gaming guides. Our guides cover roulette, blackjack, slots and video poker.
Tweet about this on Twitter
Twitter
Share on Facebook
Facebook
Share on Google+
Google+
Share on LinkedIn
Linkedin
Share on Reddit
Reddit