SBC News Voice of the Sports Betting Industry
Spain’s gambling regulator La Direccion General de Ordenacion del Juego (DGOJ) has re-opened its online gambling licensing window, in a move to create new market entrants for the Spanish online gambling market.
The DGOJ will review new business submissions of online gambling operators who wish to participate in Spain’s regulated online gambling market. The regulator confirmed that the window would be opened from the 1November until 8 December.
Interested operators have been asked to submit applications via the DGOJ’s website, the regulator stated that the process of issuing new operator licenses would take up to six months for applicants.
Spanish gambling market commentators have speculated that Spain’s regulated igaming market could see ten or twelve new betting operators enter the market.
Having reviewed its policies and frameworks in May, the DGOJ confirmed that it would approve betting exchanges and slots to be serviced by licensed online gambling and betting operators.
The DGOJ confirmed that licensed gambling operators would have to re-apply in order to provide slots in their product inventory.
The Spanish regulator had garnered pressure from igaming operators, who have felt restricted by regulations concerning product inventory for the market. The DGOJ further stressed that it would need a six month window to implement changes to current Spanish provisions in order to monitor and regulate the market.
