Update: Spanish Congress of Deputies Approves Gambling Bill

Big step for the amended bill

After getting over 100 amendments, a regulatory framework for remote/interactive gambling has finally been approved and adopted by Spain's Congress of Deputies. Apart from providing legal framework, the act sets a tax regime for gambling online, establishes a licensing system for operators who want to operate in Spain and includes a number of safeguards to protect minors and problem gamblers.

In addition, it envisages the creation of a Council for Gaming Policy, representing each of the autonomous regions, and a National Gaming Commission, which will act as the gambling sector regulator. Also, it allows a transitory period of a year, until Jan 1 2012, enabling companies to legalize their situation and activities if they are engaged in any sponsoring deals or advertising in the press at the moment.

The bill creates a licensing system as well, and all Internet gambling firms that want to operate in Spain need to obtain the 18-month valid license.

It was stated by Deputy of CiU in Congress, Josep Sánchez Llibre that the "consensus" reached in the processing of the new law is rather satisfying, and that the "great benefit from this new sort of game will be the autonomous communities, because much of the new tax proceeds will be distributed to the autonomous regions". Trade associations RGA and AEDAPI were also among those who welcomed the adoption of the Act, but they still stressed their have reservations on key areas of the legislation.

According to the Remote Gambling Association (RGA), the legislation “goes against the EU principles as it restricts operators from offering their products across the EU if they don’t obtain a Spanish license.” In addition, it pointed to its concern over the excessively high tax rate compared to other European countries.

The RGA CEO Clive Hawkswood stated: “We appreciate the fact that, unlike some other European countries, Spain has not adopted legislation in blatant breach of EU law. We believe that this legislation is a step in the right direction but it’s still too early to make an assessment. We hope that, through the implementing decrees, the Spanish Government won’t miss the opportunity to create a valid model in Europe”.

The act still needs the EU’s approval, and other relevant legislative issues will be published before the implementation can begin. Also, it is assessed that license applications and approvals will be applied near the end of 2011 and in 2012.

Live activity feed

  • Panda kiss
    "LCB exclusive 10 free spins on "Fairytale Legends: Red Riding Hood - available for new players and all players that have signed up to ComeOn from LCB's link. Don't have an account at ComeOn? Sign up >HERE< Restricted countries:  Denmark, Bulgaria, Estonia, and Portugal."
  • No avatar small
    "I'm still waiting on mine from Slotastic which is still showing as "Under Review". Just got thru with Live Chat who were no help. They advised it took 2 days to review and approve a withdrawal request then 2 more days to transfer the requested funds. When I asked why there was such a delay beings the withdrawal was in bitcoin instead of answering my question the operator got snippy with me and just repeated what she had already told me like I was a child who had to be told twice. I think Casino Extreme was the one I was reading about that had the fastest bitcoin withdrawal payout times. I guess I just assumed all casinos accepting bitcoins would be about the same. Trial and error can be a difficult teacher sometimes. I think Slotastic is one of those casinos that hopes by delaying you'll lose your remaining balance waiting on your withdrawal to get approved then cancel your request just so you can play some more. They were at least partially correct. I did get tired of waiting and I did lose the rest of what I had won in my account but I'm not about to reverse my withdrawal again. Nope, not again. Needless to say when I do get my money from Slotastic I'll be looking for somewhere's else to play. Maybe I'll try Casino Extreme next time and hopefully I'll get lucky enough to check out their withdrawal procedures also."
  • Photo
    Imgpsh fullsize

    Shadow Bet Casino

    / 13 votes
  • Photo
    Imgpsh fullsize

    Wink Slots

    / 2 votes
  • Panda kiss
    "Fair enough teri010. That's what great about freedom of choice, we always have the option to take the or leave them;)"
  • Index
    " kerch123 wrote: what would be a safe   bitcoin casino for usa peopel Checkout casinoextreme It's RTG Deposits take  30 seconds, withdraws take 1-5 minutes (you just have to contact support in live chat after you request it in cashier)    "
Swipe left or right to see more

lcb activities in the last 24 hours

  • 33
    new members
  • 601
    members online
  • 18016
    guests online
  • 152
    new posts
  • 16180
    free games played
Join the club

Highest Community Rated Online Casinos

Swipe left or right to see more

Latest forum posts

Join today and start earning rewards

You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
S logo

Report to moderator

Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

Please note that your email address will be revealed to the moderators if you use this

Select Language
Search Results