Home > Casino News > 1 Feb 2007 The Online Casino Spanish Invasion
What was once an industry that specified in a single language speaking community, a narrow geographical area and a single currency is finally taking on the full potential that its Internet basis allows it to. The online casino industry is finally taking on the full international, cross-lingual and macro-economic character that is at its core.
The latest in this consistent development is the introduction of major online casino companies to Spain. The Spanish market is only one of the latest European markets to have the big online casino companies enter it. In this case as in others, the entrance includes mergers between the large online casinos and local operators, more familiar with the local industry. A company that may have video machines and slots machines at bars or hotels will be taken over by an online casino company and the two together will form a proper provider of online gambling.
New betting regulations, rules and laws dictate the rate at which these international mergers take place. In the case of Spain, the entrance will first be visible in Madrid, where the laws are being revised and re-evaluated. Once the license is granted for Madrid, for a period of five years most likely, the joint online casino company will seek licenses in other parts of Spain. When one looks at this ate development, which is taking place in slow controlled pace with loads of experience behind it, one can’t help but sense some optimism. "We have formed a joint venture with a market leader in Spain that gives us access to a network of thousands of potential of site operators," the online casino executive said.
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