Gambling legislation in Spain approved

15 May 2011
An authoritarian framework for the interactive/remote gambling has now been adopted and approved by the Congress of Deputies in Spain.

With more than 100 alterations during its journey for approval, the particular Act had designed a lawful framework, institutes a licensing system for the operators who desire of operating in the Spanish region and also have set up the tax regime for online gambling. Also the bill includes numerous safeguards to protect the problem gamblers and the minors.

A Council for the Gaming Policy will be creased which will represent every single of the autonomous regions and the National Gaming Commission which has been formed for acting as a regulator in the gambling sector.

A transient period of one year, till 1st of January 2012, will permit the companies to authorize their state of affairs and activities if they are at present advertising or sponsoring in the press.