Regulations governing online slots and exchange betting in Spain have been approved by the national government.
In a statement on the website of the DGOJ, the Directorate General for the Regulation of Gambling in Spain, the Ministry of Finance and Government said that the regulations had been adopted by the publication of ministerial orders.
Following the end of the public and operator consultancy period on March 27, the DGOJ received numerous suggestions and observations on the slots and exchange betting regulations, with those that could add value to the regulation given consideration.
The Ministry said that the publication of the orders had been completed after a process to “enrich and refine” their content. The regulations are now “conducive to the regulated development of these games,” the Ministry added.
“With the adoption of these regulations the online gaming market will be strengthened,” the Ministry continued.
“As a consequence of this (the regulations) will make a positive impact regarding the protection of particularly vulnerable groups, the fight against fraud, generating tax income, and ultimately the creation of an environment in which users can engage in this activity in a safe, responsible manner.”
It is estimated that it will take six months following the publication of the new ministerial orders for the slots and exchange betting to “go live”.
source : www.igamingbusiness.com
