Spain is a green-level online gambling jurisdiction, and the entire industry is regulated with above-average tax rates.
Spain is located in western Europe. It borders Portugal to the south-west, the Atlantic Ocean to the west, the Bay of Biscay to the north, France to the north-east, the Baleanic Sea to the east and the Alboran Sea to the south.
Spain is one of the main European countries to have regulated the online gambling industry in a full and complete way. Every type of gambling is regulated, and they allow foreign operators. This is important because they are considered to be one of the largest individual markets on the entire continent.
The history of their regulation is interesting because they didn't originally allow online slots or betting exchanges. However, their laws were amended to allow these types of wagering, and this was put into effect in early 2015. What's more is that they were one of the first European countries to push for regulation of the industry and allowing foreign operators to apply for licenses, and this helped to start to trend that many European countries started to follow.
Licensing in Spain is pretty straight-forward. It consists of a lot of the normal items like the history of the company and the people who are executives in it. It's worth noting that advertising is also strictly monitored as a part of their regulatory process, and companies can have a license pulled if they do not adhere to advertising guidelines.
One topic that could become a problem is the relatively high tax rate for companies who are regulated here. The rate is at 25 percent, and this is enough to keep many operators out of smaller countries. However, because the market is so large in terms of the number of players, this hasn't kept out as many big-name companies as one might initially think.
Players have a high level of protection when playing with regulates sites and software companies in Spain. There are clear processes for escalating complaints, and the regulatory board takes these claims seriously. There have been multiple cases of licenses being pulled over issues escalated by players, so it's easy to see that they are really paying attention to these complaints. Overall, players have a lot of regulated options in Spain, and they are heard when they have something to say.
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