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Winamax Could Roll Out Shared Online Poker Tables within Next Two Months

George Miller

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Winamax Could Roll Out Shared Online Poker Tables within Next Two Months
Reading Time: 2 minutes

Winamax, the French online poker operator will need around two months to join the Western Europe-wide shared online liquidity project.

The poker room is currently licensed to operate in its home country and recently received the go-ahead form the local gambling regulator, ARJEL, to share liquidity in the countries that participate in the scheme.

Winamax has already applied for the necessary license to operate in Spain but the country’s regulatory body, DGOJ, is yet to issue it. In Italy, the French operator secured its presence through the acquisition of the existing license of online gambling website bet-at-home. It is also waiting for approval to enter Portugal. The country has kept PokerStars the only licensed operator in its poker market for over a year now.

However, the Portuguese Official Journal published the technical standards framework for shared liquidity this past Friday, which practically means that locally licensed operators can now merge their Portuguese player pools with those in the other participating countries. It is believed that SRIJ, the Portuguese gambling regulator, would now admit more operators to the local market. Winamax and partypoker have already expressed interest in the Portuguese poker environment. It is yet to be seen whether 888poker, another major poker operator, would show appetites to expand its footprint to Portugal.

As to when Winamax will be able to merge its player pools, Emilio Domingues from Spanish-language poker training website EducaPoker said on Twitter that bureaucratic procedures would probably delay the poker room’s launch in the other participating countries. However, the French operator is expected to eventually go live with shared poker tables in Spain and France within the next two months.

Once Italy publishes its own technical standards framework, Winamax will also be able to go live in that country, as well, and to merge its Italian pool with those in the other partnering countries in the shared liquidity scheme.

PokerStars and Shared Liquidity

It seems that the world’s largest poker room will have a couple of months during which it will be the sole participant in the shared liquidity project. PokerStars rolled out Franco-Spanish tables in mid-January. Its PokerStars Europe network quickly became the third largest in terms of cash game volumes and one of the largest in terms of overall traffic.

At the present time, there are 12,758 players online on PokerStars Europe. As many as 683 of them are playing cash games. The 24-hour peak stands at 4,983 cash game players.

It is yet to be seen when exactly PokerStars will open its network to Portuguese players now as the country has officially joined the shared liquidity project. However, given the fact that it rolled out its Franco-Spanish tables on the very day when Spain authorized shared liquidity through a publication on its Official State Gazette, the operator will probably be almost as quick to include players from Portugal.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Asia

Oriental Group Gets Approval for Developing Gaming Hubs to House POGOs

Niji Narayan

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Oriental Group Gets Approval for Developing Gaming Hubs to House POGOs
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Oriental Group, the Asian-based online gaming giant, has got approval form PAGCOR, the gaming regulator in Philippines, to develop two hubs for the purpose of hosting accredited Philippine Offshore Gaming Operators (POGOs). The hubs will be based in Clark and Cavite.

The hubs will not only house the offices of accredited POGOs but also workers’ residences and relevant government agencies. The idea is to make it easier for PAGCOR to regulate the industry.

“We are making business more comfortable and easier for the operators by now licensing POGO hubs. Since it’s easier for us to regulate when they are in hubs, then there are some special privileges there like five-year licenses,” PAGCOR chair Andrea Domingo said.

According to Kevin Wong, General Manager of Oriental Game, the Clark hub which is covering an area of around 10 hectares is already operational and will be able to accommodate 5000 workers once at full capacity. The Cavite hub, which will cost Oriental Game Php8 billion (US$156 million) to build, will cover 20 hectares and house 20,000 workers.

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Asia

Sands China Launches Special Financing Support Programme for Local SMEs

Niji Narayan

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Sands China Launches Special Financing Support Programme for Local SMEs
Photo Source: sandschina.com
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Sands China, the integrated resort developer and operator in Macau, has launched a special financing programme for its local SME suppliers, in cooperation with six local banks.

The new financing programme is part of Sands China’s F.I.T. initiative which offers Financial Support, Invitational Matching and Training and Development to local SME suppliers.

Through the Sands China SME Financial Support Programme, six local banks are offering special loans and credit to local SMEs who have contracts or purchase orders with Sands China. The goal is to support the development of local SMEs through faster, easier and more favourable bank financing loan products.

“Sands China is very pleased to be the first integrated resort operator in Macao to present this new financing program for our local SME suppliers. It is important for our company’s growth to go hand-in-hand with the growth of local businesses, and this latest initiative is part of Sands China’s ongoing and long-term commitment to supporting local SME suppliers. We want our presence in the marketplace to provide opportunities for smaller companies in Macao to benefit from the business opportunities that are created as a result,” Dr. Wilfred Wong, president of Sands China Ltd said.

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Gambling in the USA

Oklahoma Tribal Leaders Approve a Resolution against Governor’s Gambling Plan

Niji Narayan

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Oklahoma Tribal Leaders Approve a Resolution against Governor’s Gambling Plan
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The leaders of Oklahoma-based Cherokee, Chickasaw, Choctaw, Muscogee (Creek) and Seminole nations have approved a resolution denouncing the new Republican governor’s plan to force negotiations for a bigger slice of revenue from Oklahoma’s tribal casinos.

The Inter-Tribal Council of the five civilised tribes approved the resolution during a meeting in Tulsa.

Last week, Gov. Kevin Stitt said that the existing compacts should be reevaluated now that the gambling industry has matured in Oklahoma.

Tribal leaders and the governor disagree over what triggers a 15-year renewal of the compacts.

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