Key Takeaways
- It took the French National assembly less than 20 minutes to reject an opposition proposed amendment to 2010 gambling laws that would have allowed shared liquidity pools with other regulated markets in the EU.
- Anti-gambling campaigner Razzy Hammadi suggested that the decline in the popularity of online poker was because it had simply fallen out of fashion.
- Benoît Hamon’s objections were rooted in the additional difficulties that expanding the liquidity pool would bring to anti-fraud and anti-money laundering operations.
- ARJEL’s advice was sought and rejected by the politicians.
- The decision may have grave consequences for the online poker market in France.
It brings to mind the idea of an ogre becoming uncontrollable that must be nurtured with ever greater market liquidity in ever greater quantities.
It took the French National assembly less than 20 minutes to reject an opposition-proposed amendment to 2010 gambling laws that would have allowed shared liquidity pools with other regulated markets in the EU.
