GVC, PMU obtain shared liquidity licences in France
GVC Holdings and Pari Mutuel Urbain (PMU) have become the latest operators to secure shared online poker liquidity licences in France.
Awarded by French online regulator ARJEL, the licences will allow both firms to offer services in the shared liquidity market between France, Spain, Italy and Portugal.
SAS, the local subsidiary of GVC-owned Bwin, will operate the licence on behalf of its parent company, while national gambling company PMU will now also join the market.
In July last year, regulators from France, Italy, Spain and Portugal signed a deal to allow firms active across more than one of the markets to merge player pools.
France and Spain have already started work on the collaboration and Portugal is also set to join after passing a resolution in February but Italy is yet to confirm its intentions.