The regulatory body from Spain ordered the reopening of the application process to obtain a license to operate in the territory.
Spain.- Dirección General de Ordenación del Juego (DGOJ), the Spanish gambling regulator, announced the opening of the application process for online licenses and will be open for a full year until December 16, 2018.
The reopening of the application process marks the third time that the DGOJ does so ever since new gambling laws were introduced in Spain in 2011. The industry in the European country has been growing significantly in the last few months and is expected to continue the positive trend in 2018 as well.
“The publication of the call, the third since the state online gaming market was regulated in 2011, opens up the possibility for entities interested in offering games through electronic, telematic or interactive channels in Spain to develop this offer through the request of corresponding licenses,” said DGOJ on its website.
The regulator said that the proper functioning of the regulated online gaming market is essential to ensure that gaming activity is sustainable and compatible with social welfare, making it possible to channel it into an adequate legal framework and with all the guarantees that regulation establishes for consumers.
“The new opening, together with the improvement of competitiveness and the level of protection through the regulatory framework, is essential to achieve the above, by allowing operators of proven probity and viability to access the Spanish market, complementing the existing offer and strengthening the constant dynamics of technological innovation characteristic of this environment,” added DGOJ.