Spanish market on the roll

Wednesday, 16 November 2011 13:50

Gambling News - Gambling Law News

The much-anticipated liberalisation of the Spanish online gambling market is now practical reality in a legislative sense, and European operators are showing their interest by lining up to licence, according to local media reports.

It is believed that more than 16 companies have indicated an intention to apply for the new Euro 2 million apiece Spanish licenses, which will permit operators to commence trading early in the new year.

Among them are most of the leading brands in the industry, prepared to pay the expensive fee & a tough 25 percent tax on net income.

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