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Spanish Will Gamble at Online Casinos

As the entire European Union begins to liberalize online casino gambling laws, the Spain’s government officials are considering initiative one cohesive set of regulations and taxation that would legalize internet gambling companies in the EU operate for the Spanish market (with one of the country’s licenses). The current setup of the Spanish gambling legislation allows all of the autonomous provinces to pass their own regulations regarding land and online casino betting – the newly mentioned legislation would centralize the regulations into one piece of precise federal legislation.

The new legislation would be at the hands of Spain’s National Gambling Commission (LAE) to implement the licensing of new online casinos. At this point it seems that the government and delegates are extremely positive about the upcoming discussions concerning a nationalized internet gambling industry. The benefits of national legislation are immense; the government would have the power to really control the policies in place to protect underage and problem land and online casino gamblers.

As far as a timeline goes, the federal and the regional authorities have all prioritized the land and online casino issue. As the negotiations and discussions continue the authorities will center the debates on how to implement national regulations, how the regulations will comply with the European Union’s free-trade policy, as well as procedures that will provide maximum protections for the land and online bettors and gamblers in the country.

The entirety of the European Union seems to be swayed toward regulation of the online casinos industry rather than continuing state monopolies due, in part, to the pressure from the European Commission to comply with the EU’s policies. Spain and other countries were all riding a thin line between violating EU trade policies; a thoroughly licensed and regulated industry though is right in line with EU expectations.