15th of May 2012 Author: Glo Wood
Beginning on June 1, 2012, only Spanish government-issued licensed online gambling sites with an .es domain will be permitted in Spain.
This new legislation doesn't cover bingo but it is safe to assume that if the site is not licensed as regulated by Spain then it won't be legal. This decision will affect poker and casino games as well. Sports betting will be allowed but live in-play betting has been excluded.
Willem van Oort, chief executive of GranViaOnline, a marketing agency that specializes in the Spanish online gaming market, said these new restrictions will leave English speaking expats uninterested. 'These people play on the UK-based sites and because of their residence they won't be able to do this anymore. They might not be interested in Spanish language poker or casino.'
'There are a number of expat high rollers living on the coast. But they may find it more difficult as the land-based companies who will now be setting up websites in Spain don't really understand these people,' said van Oort.
As the law was on hold, there was a transition period allowing companies without licenses to continue to operate. Now the tide has turned and these sites must obtain a license in order to remain in the Spanish market. One of the companies feeling the effects of this new law is Unibet. They have announced plans to discontinue operating in Spain as this week.
Reports indicate that approximately 60 firms have applied for licenses to allow them to continue their operations in Spain. A list of licenses has not yet been released but familiar faces such as Ladbrokes and bwin.party have confirmed their intention to apply for a license.
Bingo Society News General Bingo News
3rd of July 2013
19th of September 2012
19th of May 2019
18th of May 2019
17th of March 2019
4th of April 2019
1st of May 2019
19th of March 2019
16th of March 2019
Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
Disclaimer Contact Us Privacy Terms and Conditions Gambling Help About Us Site Map Trusted Portals
LatestBingoBonuses.com © 2006-2019
Enter your email adress:
T&C's Apply. 18+
Do not show this again
You have been successfully subscribed to receive LBB newsletter!