Spain Expands Online Gambling Offerings

Published Thursday, October 16, 2014 - Online-Casinos.com
Spain Expands Online Gambling Offerings

Competition for the poker player’s attention is rampant on the internet with a massive number of poker rooms available at any time. While restrictions have been applied in some jurisdictions many players simply seek a place to play on the net where they feel comfortable and secure which doesn’t necessarily mean they are playing on a licensed site.

Spain is an example with this type of problem.  A recent report released by Spain's CODERE Foundation and the Institute of Policy and Governance of the Charles III University, revealed that almost fifty percent half of online poker players in Spain play on illegal sites. The report explained, "Forty-three percent of online players admitted doing so on websites that are not regulated by the Directorate General for the Regulation of Gambling," continuing, "Approximately 12.8 percent of them declared to never use a dot-es website for their games. Which means that they play exclusively on illegal sites."

The Directorate General for the Regulation of Gambling (DGOJ) website, has stated that it will be granting a number of new casino licenses in efforts to help the lagging online gambling sector. Many operators have been waiting for the opportunity to expand.

Gambling specialist Albert Agustinoy Guilayn commented on the poker market and its lack luster performance,  "Spain’s market is small and it is dubious that poker is going to expand due to several issues," adding, "I think any possible expansion of the market will be taking place due to the introduction of slots and more competitive products," explaining further he said,  "One way would be to start thinking about more comprehensive offers that include more than a single product," he went on.  The latest figures released by the DGOJ concerning the second quarter of 2014, Gross Gaming Revenues fell by 6 percent compared to the same quarter of 2013, while the total number of online poker players fell by 5 percent. Evidence enough the online gambling industry needs a change in Spain.

 

 

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