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 The Spanish Parliament has approved the amendments made by the Senate to its Gambling Act. The new law will establish a tax regime licensing system for operators wishing to operate in Spain, which basically requires those that offer online gaming services in Spain to pay taxes in Spain, as well as create a number of safeguards to protect minors and problem gamblers.
"Upon its publication the new regulation will still have to be subject to the EU's blessing which is also expected this month," said Eduardo Morales Hermo, senior advisor for Spain and Latin America for gambling consultants Ficom Leisure. "Furthermore, there are another three decree laws that set out the requirements, protocols and conditions to enable operators and providers to apply for licenses and go through the approval process. These are expected to be published before the end of June."
Regulation in Spain has been a long drawn out process, during its passage through the courts more than 100 amendments have been added to the proposals and more changes are expected to be made.
As always, stay tuned to Casinofan for more news and updates.
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