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Posted By Lenny S on 2/4/11 : No further clarification on proposed tax regime
The Spanish Government's Council of Ministers have approved the draft bill on new gaming regulations and have committed to submitting the bill to Parliament within the next few weeks.
The Bill will regulate, for the first time, the various gaming activities that take place within Spain over the Internet and via other electronic channels such as mobile.  The regulations which exclude the lottery, define the various gaming activities and requirements to be met.
Prior authorisation or licensing of gaming operators will come into force and as such the Act makes provision for the formation of a regulatory body within the State Administration Services, the Spanish Gaming Commission [Comisión del Juego], which will be responsible for monitoring operator compliance, issuing of licences and other related functions including granting prior permission for advertising, promotional and sponsorship activities carried out by authorised or licenced operators.
It is still unclear at this stage what model the various gaming activities will be taxed at however, all revenue collected will be given to the autonomous regions.
The First Vice-President of the Government confirmed that online gaming "is undertaken regularly and not subject to taxation but, once it is regulated, the corresponding taxes and duties will be established”.
Transgressions of the Act and unauthorised operators will be dealt with by hefty fines ranging from Euro 100 000 to Euro 50 000 000.
If the bill passes through Parliament, it will progress to the Senate and then to the European Commission, although industry pundits don't expect the bill to reach the commission until June or July 2011.

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Gambling News :

William Hill Chairman Not Stepping Down - There are no plans for Gareth to step down. He is leading the CEO search process, which is well advanced, and is working with Philip Bowcock to deliver the key priorities for the business.

Canadian Lottery Looking at Online Gambling - The reaction of other provinces is not known, but the Newfoundland and Labrador government was apparently less than enthusiastic about the prospect, which it did not regard as a priority.

Red Riding Hood Online Slot Launched - The game, which has already attracted much preview interest, is part of the developers Fairytale Legends series, which the company plans to expand with further titles in 2017.

Super Heroes Slot Launches - When the feature is triggered, two of the heroes appear on each side of the screen to boost winnings. During free spins, heroes are triggered on every spin, with their super powers growing stronger each time.

SIS Stream To Deliver racing games to online customers - Online and retail betting industry provider SIS has signed a multi-year deal that harnesses the power of its SIS Stream product to deliver 49s-branded racing games to online customers.

Playngo in Deal With Betclic Everest Group - Swedish online gambling games developer Play’n GO has signed an agreement with the Betclic Everest Group that will see its full suite of games rolled out across the French group’s online casino brands.

2016 Italian Poker Tour main event in Malta - After besting a field of 775, many of them respected aces, Austrian poker pro Ismael Bojang claimed the main prize of Euro 101,940 over the weekend in the eighth edition of the Euro 1,100 buy-in Italian Poker Tour main event in Malta.

Betradar in Deal with OPAP - Sports betting data and analytics provider Betradar has inked a live betting supply deal with the major Greek licensed retail and online gambling operator OPAP.

2016 888poker Make It Big Tournament - A relatively unknown Hong Kong poker player, Ka Him Li (21), claimed victory after a two-way chop in the main event at the inaugural 888poker “Make It Big” live poker festival at the Aspers Casino in London over the weekend, earning the top prize of GBP 45,300.

Lightning Box Games in deal with WIlliam Hill - Sydney-based slot design specialist Lightning Box Games has signed an agreement to supply its content to William Hill’s licensed betting offices in the UK.

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