In Spain, gambling is completely legal, and it is regarded as one of the nation’s most flourishing industries, with Spain even regarded as one of the world’s most-gambling countries. Find out about the Spanish Directorate General for the Regulation of Gambling, the body in charge of supervising this popular industry.
Online Casinos Licensed by Spanish Directorate General for the Regulation of Gambling
In Spain, all forms of online gambling are considered legal, which includes online casinos as well. The state government and regulatory authorities of each region share responsibility in overseeing all gambling activities in the country.
This mostly concerns online gambling as it crosses regional borders. The Spanish Directorate General for the Regulation of Gambling is the regulatory body that oversees and controls all forms of gambling on a national level and issue licenses to operators.
About Spanish Directorate General for the Regulation of Gambling
In order to operate within in the country and offer their services, all online gambling operators are required to acquire an operating license issued by the Spanish Directorate General for the Regulation of Gambling. The first step to opening an online casino in Spain is to acquire a General License, followed by a Specific License that concerns the type of games the casino wants to provide.
At the current time, the regulatory body offers licenses for fixed-odds sports bets, mutual sports betting, fixed-odds horse race betting, contests, blackjack, roulette, baccarat, poker, bingo, slots, exchange bets, and some other forms of betting.
The license is valid for five years, except in the case of casino table games and fixed-odds horse race betting, which is granted for a period of three years only.