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More Online Gambling Licenses For Spain

Saturday October 18,2014 : SLOTS FOR SPAIN
 
Regulator to issue an unspecified number of new casino licenses.
 
In an effort to revive Spain's overtaxed and flagging online gambling industry, regulator the Directorate General for the Regulation of Gambling has announced that an unspecified number of new casino gaming licenses (to include slots) are to be offered to operators interested in expanding and the potential of the market.
 
The licenses will be available for both existing licensees and operators who have not yet entered the market, the regulator said in a series of advisory notices.
 
Pokerstars currently controls approximately 70 percent of the Spanish market, and it is hoped that the introduction of casino games licensing will widen the competition.
 
Industry observers have predicted that between 10 and 12 operators will make application for the new licenses, mostly interested in offering online slot action.
 
Recent studies of the market have estimated that as much as 43 percent of Spanish online punters frequent sites not regulated by the DGOJ, with almost a third of these saying that they do not use Spanish regulated websites at all.
 
Spanish GGR has been declining, with Q2-2014 revenues down by 6 percent year-on-year, and estimated player counts falling by 5 percent.

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Gambling News :

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

Rooster Slot Launches - “Rooster” offers 243-ways-to-win along with a big chase in the free games bonus round, where all 5-of-a-kinds are multiplied by the lucky number 5!

Scientific Games Completes DEQ Systems Corp Acquisition - Scientific Games has completed its acquisition of table games product developer DEQ Systems Corp after a deal was announced at the end of August 2016 .

Asia Gaming To Showcase Live Dealer Action - Asia Gaming will be practically demonstrating its live dealer baccarat at the ICE show next month. The Asia-facing online gambling provider is on the expansion trail and intends to make a big impact at the expo and conference in London.

25 Unlicensed Gambling Operators still in Czech Republic - Ondracka claims that the Finance Ministry has not been "resolute" in acting against the illegal operators, who he says include major companies.

2017 Aussie Millions Event 6 - Heads up, Boivin faced local pro Joel Feldman, but the Aussie proved to be no match for an on-fire Boivin who dispatched him with the runner up prize of A$78,440.

2017 Ice Totally Gaming - Next month's ICE Totally Gaming conference and expo will again be a truly international affair, following confirmation by organizers Clarion Gaming that a total of 67 jurisdictions and sovereign states will be represented on the show floor at ExCeL Centre, London.

Prince Edward Island Writes off Casino venture as Bad Debt - The debacle has resulted in stricter financial disclosure rules being introduced with which government ministers and their departments will have to comply - especially regarding loan and other write-offs of taxpayer monies.

IGT in 7 Year Deal With Svenska Spel - #IGT , as legacy #GTECH , has been providing video lottery products and support services to the state-owned monopoly Svenska Spel since 1996, the statement reminds readers.

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