Spanish regulators have begun the process of expanding the recently regulated egaming market by building the framework for online slot legislation.
According to eGR Magazine, the Dirección General de Ordenación del Juego (DGOJ), has consulted with licensed operators about adding online slot machines to the currently offered sports book, poker, and casino products. The regulatory body has also discussed its plans with the Spanish government and has consulted with consumer groups to measure market interest.
Since the enactment of gambling legislation in June 2012, the DGOJ has been seeking to expand the number of betting opportunities for Spanish citizens. Fifty-three local and foreign operators have obtained licenses to operate on the dot.es platform. These companies will be eyeing the introduction of online slot machine regulation, which should be completed before the end of the year.
The development of online slot products is the latest move for Spanish egaming regulators in an extremely busy year. In addition to the enactment of egaming legislation, Spanish regulators have begun talks with governing bodies in France, Portugal, and Italy to unify regulation and security measures. The four countries have started a preliminary discussion about a potential pooled player base. Since its inception, the Spanish market has generated €2.35 billion in turnover and approximately €88 million in gross gaming revenue.