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Playing Safely: The Legalization of the Online Gambling Market in Spain

Online Gambling Market in Spain

By Cody DolleryPublished 3 years ago 3 min read

Introduction: Paradigm Shift in the Game

In the last decade, technology has triggered a profound transformation in multiple industries, and gaming is no exception. A study from the University of Navarra (2020) details how the gambling industry has undergone a paradigm shift with the growing popularity of digital platforms. Spain, a country with a rich tradition in gambling, has been able to adapt to this new reality. The legalization of the online gambling market has marked an important milestone in the country's history.

A Necessary Law: Legal Framework of Online Gambling

Law 13/2011 on the Regulation of Gambling in Spain (BOE, 2011) established a regulatory framework for the online gambling sector. This law requires online gambling operators to obtain a license issued by the General Directorate for the Regulation of Gambling (DGOJ). Recently, MejoresCasinosEs published a review of the best online casinos in Spain in 2023, which are licensed, where you can start playing at any time, so find out more on their website. Despite the initial criticism, which claimed that this regulation would encourage gambling addiction, reality has shown that legalization has provided a framework of security and transparency. The DGOJ itself establishes as a requirement that operators offer a self-exclusion system, a mechanism of great importance for those who feel that their gambling behavior is becoming problematic.

Economic Advantages: A Boom in Tax Revenues

The legalization of online gambling in Spain has brought significant economic benefits. According to a recent report from the General Directorate for the Regulation of Gambling (DGOJ, 2022), tax revenue from this industry has experienced exponential growth, exceeding 300 million euros per year. This economic boom has had a positive impact on the state coffers, contributing to the development of infrastructures and public services. In addition, online gaming has proven to be an important driver of job creation. A study by the Institute of Labor Studies of the University of Huelva (2022) highlights that, since its legalization, this industry has generated more than 30,000 jobs. Thus, the legalization of online gambling has not only brought fun and entertainment, but has also boosted the Spanish economy significantly.

User Protection: Security and Transparency

One of the most notable benefits of the legalization of online gambling in Spain has been the increase in user protection. According to the annual report of the General Directorate for the Regulation of Gambling (DGOJ, 2021), Law 13/2011 stipulates that all operators must guarantee fairness in their games and provide clear and transparent information on the probabilities and associated risks. . This has resulted in a safer and more reliable online gaming environment for users. In addition, the regulation promotes the implementation of preventive measures against compulsive gambling, such as self-exclusion systems. These measures contribute to the creation of a responsible gaming culture, allowing players to enjoy this activity safely. Legalisation, therefore, has guaranteed that online gambling in Spain is not only fun, but also fair and transparent.

The Future of Online Gaming in Spain

The report of the Spanish Digital Gaming Association (2022) draws a very promising future for the online gambling market in Spain. The growth figures continue to rise and technological progress augurs a horizon of constant innovation. In fact, the industry is quickly embracing cutting-edge innovations like virtual reality and blockchain technology gaming to provide players with experiences that are both more immersive and thrilling. Likewise, it is expected that the regulation will continue to evolve to protect users and adapt to these new advances. As new forms of play are integrated, an increase in the diversity of offers for users is expected. As long as the balance between fun and responsibility is maintained, the future of online gaming in Spain promises to be a safe, inclusive and constantly evolving space for entertainment.

Conclusion: One Step Forward

The legalization of the online gambling market in Spain has proven to be a successful step. Following the reports from the DGOJ and the Spanish Digital Gaming Association, it has become clear that a safe and transparent market has been created, providing user protection and benefiting the country's economy. As long as a balance between fun and responsibility is maintained, the future of online gaming in Spain looks bright and full of opportunities.

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About the Creator

Cody Dollery

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