Colombia has reportedly flip-flopped on plans to allow its online poker licensees to share player liquidity with internationally licensed poker sites.
Last November, Colombia’s Coljuegos regulatory agency announced that it would allow its licensed online poker operators to share player liquidity with poker sites in other regulated markets. Last week, iGaming Business quoted the head of Colombia’s gaming trade group Fecoljuegos saying the liquidity sharing plans were toast.
There’s been no official word from Coljuegos on the matter, but according to Fecoljuegos president Evert Montero Cardenas, the regulator’s liquidity plan is no more “because there were many issues regarding the potential risks on the control of cash and the players abroad.”
However, Cardenas may have gotten to the true heart of the matter when he noted that shared liquidity “did not offer any benefits to the national operators,” given that no domestic operators currently operate poker sites in any international jurisdiction with which they could pool liquidity.