Gaming operators in Spain are offered a new window of time during which they can apply for licenses for these types of activities. This is the third time when business owners in Spain are offered a period to apply for these permits since the sector was regulated in 2011. One of our lawyers in Spain can give you complete information about the special licenses needed in the gambling sector.
Gambling license application window
Spain’s gambling regulatory agency is opening a new online application window for companies that wish to enter the gambling business
. The DGOJ
(Dirección General de Ordenación del Juego) has announced that it will start receiving applications for electronic, telematic or interactive games.
Investors who want to open a company in Spain
that activates in the gambling sector have one year to submit the applications for these licenses. Spanish officials have said that the opening of this new application window will increase competitiveness and will encourage dynamic technological development in this particular business field.
At the same time, the DGOJ highlighted the fact that the regulatory framework in this business field will maintain the same level of protection. Through this framework, the Spanish gambling regulatory agency protects vulnerable client groups such as minors and ensures the protection of consumers in terms of gambling practices. The gambling laws are also formulated to provide stability to the various Spanish companies that operate in this sector. The attorneys at our law firm in Spain can give you complete information about the regulatory framework for this business sector as well as the provisions of the main gambling laws in the country.
The gambling sector in Spain
The Spanish gambling sector increased its revenue in the third quarter of 2017 by 37.3 percent, compared to the same period last year. Compared to the second quarter of 2017, this year’s third quarter generated profits that were larger by 16.6 percent.
You can contact our lawyers in Spain
for more information on investing in the gambling sector and the conditions for companies that operate in this sector.