Spanish Online Gambling Market

  1. The main purpose of the Spanish Gambling Act is to harmonize the regulation of online betting in Spain, an activity that clearly transcends regional boundaries and requires national coordination.
  2. T Gaming Interactive has been granted its license for the Spanish online market. A broad range of the company's world-class online casino games will be soon live and available in Spain. After gaining certificate for the Italian market recently, CT Gaming Interactive is now further cementing its presence in the European online gaming market.
  3. Figures from Spanish regulator Directorate General for the Regulation of Gambling (DGOJ) showed gross gaming revenue (GGR) for the online market was up to €208.9m ($244.9m) for Q2, but represented a 4% quarter-on-quarter decrease.

Spanish Online Gambling Markets

The Spanish Gaming Act, also known as Law 13/2011, regulates all gaming in Spain. As briefly touched on above, this statute is very tough on online poker operators. They are required to jump through numerous hoops just to obtain a license.

Euro Games Technology keeps on gaining speed on the B2 saloon market in Spain.

Soon after the company received certification for its respective products and made its first installations, it is now expanding its reach in the sector, delivering to two more operators.

“In July and August we completed our set-up work at Orenes Group’s gaming hall in Lleida and Repris Group’s Salon Sport, located in Barcelona,' commented Kristian Kostovski, director of EGT Spain.

“We have worked with Orenes for years mainly for their casinos, both land-based and online. Now we are glad to be of service also for their B2 saloon business and I hope that the recent installations will be the first of many to build on their image of one of the most impactful and respected participants in our industry.”

Repris Group, on the other hand, is a new customer for EGT. It operates establishments in Catalonia and Valencia. “They chose us as we have already achieved very good presence in Spain in the casino sector and because the design and ergonomics of our cabinets, the attractive graphics and sounds of our games and the user-friendly interface are standing out,” continuedKostovki.

“So they expected our B2 saloon products certification as an opportunity to start a partnership and I am confident that we will be able to meet their expectations.

“It is just the beginning of our B2 saloon market entry. Our products for the gaming halls are based on EGT’s casino proven approach and are tailored to the specifics of the market, so we are able to provide our customers with a high-performing solution.”

Spanish-licensed online operators achieved a combined GGR of €699m in 2018, a 25.48% increase compared to the previous year, according to figures released by the Dirección General de Ordenación del Juego (DGOJ).

Spanish Online Gambling Marketplace

The verticals casino (38.91%), poker (37.05%), betting (18.11%), and bingo (17.40%) all saw significant growth.

Online

However, the number of active players increased only 5.24% year-on-year to 1,465,129, while total marketing expenditures soared to €328m, up from €222m in 2017 – a 48% increase.

These figures show that the Spanish online gambling market is quickly reaching maturity, after first being regulated in 2013.

Attracting new players is becoming increasingly costly for operators. The dramatic rise in marketing expenditures in 2018 is obviously not sustainable in the long run.

Equally obviously, the rapid growth in demand of the last few years cannot be expected to continue indefinitely. A market shakeout in the short to medium term appears likely.