Representatives of the Spanish gambling regulatory authority - Dirección General de Ordenación del Juego (DGOJ), and its Danish counterpart - Spillemyndigheden, took part in a meeting earlier this week which saw the heads of both organizations discuss the future of the growing online gambling industry.
The meeting took place on June 19 and 20 in Madrid. Representatives of regulators looked at a variety of topics, all of which focused on how the online gambling market should be designed to operate in line with current demand. The regulation of commercial communications is another important topic to which gambling authorities have paid particular attention..
The gambling industry used as a medium for money laundering and other financial crimes has been the subject of growing concern. The DGOJ and the Danish Gaming Authority took advantage of their meeting to discuss strategies for more effective prevention of these problems. Models for improving data reporting were among the approaches favored by the gambling regulatory authorities in Spain and Denmark..
As the DGOJ said in a statement on Wednesday, the online gaming markets of the two countries present a resemblance that creates excellent conditions for future partnerships and joint work on different projects. Spain and Denmark both opened their iGaming markets for international licensed casino and sports betting operations as early as 2012.
Although DGOJ did not mention it specifically, there is a good chance that the attendees of the recent meeting, including Birgitte Sand, director of Spillemyndigheden, and Juan Espinosa García, general manager of DGOJ, discussed online poker. and shared cash.
It became clear late last year that gambling regulators in France, Italy, Spain, Portugal and the UK were in permanent talks to create a network of poker which would merge their pools of players for better profitability. Talks have progressed rapidly over the past few months, and it has been announced that the first online poker liquidity-sharing agreements will be signed by the end of June. As a result, the first poker network could be established by the end of the year or early 2018..
According to the latest reports, the UK may not be part of the effort, or at least not for now, due to the start of Brexit negotiations. On the other hand, the Austrian and German regulators have joined the ongoing discussions and could possibly participate in the shared liquidity project..
The Madrid meeting between Danish and Spanish gambling regulators could be a good signal that Denmark may express interest in taking part in the effort to improve the state of European online poker. It is important to note that the Danish online poker market is not siled, unlike those of Spain, Portugal, Italy and France. This means that Danish players can play at online poker sites which are licensed by other European gambling authorities..