Latest research results, commissioned by the Codere Foundation, suggest that the online market in Spain may have peaked. The research was conducted between Codere and the Institute of Policy and Governance at the Charles III University in Madrid. This week they published a study titled "Social Perception on Gambling in Spain in 2014" suggesting that the Spanish online market has matured and possibly peaked. Never the less it is believed that 43 % of the country's online gamblers visit illegal sites that offer better odds and bonuses and 12.8 % of those said they do not play on Spanish-regulated websites at all.
The large online player community in Spain is playing less or reducing their betting levels due to the economic crisis in this country. The study also discovered that there were approximately 1,150,000 active online gamblers in the country in 2013 - a 1.1 % decline from 2012. The study has also shown a lack of acceptance or respect for nationally regulated online gambling, with most respondents saying it was not a significant factor in their internet playing decisions. The national market is keeping the monopoly on online gambling in Spain, denying players the ability to legally access international sites and player pools, but this has not stopped the punters going elsewhere.