While the United States sits back and contemplates its future in the online gaming industry, other countries around the world are moving forward.

At the present time, 16 European operators have completed or are in the process of applying for a general Spanish online gambling license.

Many of the biggest companies in the industry have applied for a general license including: Bet365, Pokerstars, William Hill, Betfair and NetBet among others.

There is another list of companies currently undecided as to whether applying for a license would benefit them. These organizations include Paddy Power, Unibet, Bet770, and Salsabet.

Some companies, such as eCogra have been recently approved by the Spanish National Gaming Commission to provide online gaming services. Read the full article on eCogra getting its license here.

On November 11, Spain’s Ministry of Economy & Finance released information on the implementation of the Law of the Game which is meant to regulate the online gambling industry.

Check out our webinar on the iGaming market in Spain!

With new regulations in place, profits should rise for online gambling operators in Spain. Last year, the industry in Spain totaled profits of approximately €315 million. This showed growth of 33 percent over the previous year.

Those who live in Spain will have more online gambling options than those in mostly every other part of the world.

There is one other group that will benefit from the increase in online gaming license applications: affiliates.

With more companies jumping into the industry, affiliates will find themselves with additional offers to promote and a larger group of players to market services to. The continual rise of online gambling in Spain will have a positive impact in 2012 as the companies listed above begin to flex their muscle and compete for business.

Discuss this trend and others in our European Casino Affiliate Forums.

 


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