Ahead of the market opening in January, Spain’s Ministry of Economy & Finance published 10 decrees today in the State Gazette outlining rules and restrictions for regulated games. Six of the ministerial orders were for casino games, while four were for sports betting.
Legislation allowing operators to officially begin submitting license applications will be published as early as tomorrow, according to reports. Once submitted, Spanish regulator Juan Carlos Alfonso will have just over a month to review the applications ahead of the market opening on January 1, 2012.
Earlier this week, eGaming Review exclusively revealed that 16 European and 14 local operators had completed paperwork for license applications, expected to cost approximately €2 million.
According to the industry publication, “Pokerstars, Bet365, Bwin (joint venture with PartyBets), Ladbrokes, Miapuesta (Sportingbet), Paf, 888, William Hill, Bet-at-home, BetVictor, Betfair, Lottomatica, Snai (decision pending), Titanbet, NetBet, Bongiorno have all applied for a general licence.”
Socialist Prime Minister Jose Luis Rodriguez Zapatero has fast tracked the process before Sunday’s general election, where a new conservative government is expected to be voted in. Mariano Rajoy’s centre-right Popular Party may re-examine and reform the country’s gaming legislation.