Online Casino Games Operators Likely to See Licenses in Spain in Coming Weeks

04/16/2012
By Tommie ClarkGoogle

Reports circulated at the end of 2010 that Spanish authorities had begun to entertain the idea of opening the country to online casino games regulation and licensure. At the end of 2011, sixteen private European online casino games operators completed the paperwork for licensure with the intention of beginning business in 2012.

 

Now, according to several Spanish sources within the online casino games industry, it is likely that eighty percent of the applications received will be approved within the coming weeks. It has been said that, “Pokerstars, Bet365, Bwin, Ladbrokes, Sportingbet, Paf, 888, William Hill, Bet-at-home, BetVictor, Betfair, Lottomatica, Snai (decision pending), Titanbet, NetBet, Bongiorno have all applied for a general license worth an initial €2m. Ten others including Paddy Power, StanJames, Interapuestas, (Interwetten), Unibet, Bet3000, 21kbet, Salsabet, Mybet, Bet770 are said to be still undecided as to whether to purchase a general license.”

 

A local source commented on the news and said, “They have been notified that the majority of them have complied with requirements. They have been told that they are in good shape so they can expect license approvals in a matter of weeks.”

 

The source went on, “International gaming companies are at an advantage at the moment and, as soon as they are told they have a license, they will be able to simply plug out their dot.com operations and plug in their dot.es operations. Others, that have signed agreements with the likes of Playtech and GTECH G2 could be further behind.”

 

We will keep up to date on any further news coming from Spain relating to online casino games.

 

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