Sports Betting Law in Spain
Gambling and sports betting in Spain are generally legal. However, there are some limitations which are part of Spanish Gambling Act adopted in 2011. Prior to the entry into force of this legislation, sports betting was very easily accessible and unstructured in the Iberian country. Nowadays, any operator wishing to offer sports betting services (both online and physically) must obtain a license.
What are the options for players?
In Spain, players can try their luck in a variety of games. However, the Gambling Act prohibits placing live bets during an event. Bingo games are also banned, at least in principle. Some of the sports that are required by law and you can place bets are:
- Horse racing
- Dog races
- UFC etc.
Another option is and National Lottery. Unlike other games, the National Lottery in Spain is controlled and managed by the state itself, and not by the gaming authority. The special feature of the national lottery in Spain is the fact that citizens who are outside the country can also participate.
What is the minimum age to play gambling në Spain youë?
In Spain the minimum age to play games of chance is 18 years old. This limit is valid for all types of gambling in the country, not only sports bets. The minimum age is applied in traditional game halls, but also in online applications and platforms. This condition applies somewhat rigorously in Spain, as all casinos exercise controls on persons wishing to enter.
What are the best sports betting apps and websites in Spain?
Since gambling and sports betting are legal in Spain, there are plenty of companies and platforms that offer their services to Spanish players. The following companies are among the most rated by Spanish residents:
|Bet365||Read the review||Visit|
|Betsson||Read the review||Visit|
|Bwin||Read the review||Visit|
|888sport||Read the review||Visit|
|William Hill||Read the review||Visit|
What are the best online casinos in Spain?
In addition to local sites, Spanish players can access some of the most popular international online casinos. Some of them are:
Terms for operators
Although the Spanish market offers plenty of opportunities for players, operators find it not so easy to go through the licensing process. There are two main types of licenses: General and Single. These two licenses differ from each other in the technicalities they contain, but what really matters are the costs, which must be said are relatively high.
Every operator looking to operate in the sports betting market must have a minimum of 2 million euros as a bank guarantee. This amount decreases after the second year of operation in the market, but still remains a condition. While the amounts for the license and other obligations are as follows:
€ 10,000 - Owner's license
€ 38,000 - Required technical reports
€ 2500 - Registration of any extra license
After submitting the application, the maximum time for its approval (or not) is 6 months. Operators must also be careful about keeping the license in case of approval. Monitoring for compliance is also quite meticulous, and the license can be revoked if the company name is associated with: illegal gambling, economic crime, tax evasion and other violations.
The future of sports betting in Spain
Given that the Spanish Gambling Act has been in force for years, the debate over possible changes or additions to the law has naturally arisen in the Iberian state. One of the main reasons for these changes is the final clarification of some gray spaces, which still cause confusion to the players.
Such is the situation with the game of bingo. Technically it is prohibited by the act. But, the difficulty of this decision consists in the fact that the legislation does not make clear what can be considered a bingo game.
Other proposals relate to welcome offers when you first sign up for a betting sites or online casino. Restrictions on players who may benefit from the bonus have been suggested in this regard. Many experts are of the opinion that welcome offers should be reserved only for persons who have deposited at least 3 times and / or have at least 1 month to open their account. The reason for this proposal is to reduce the number of problematic players.
Frequently Asked Questions (FAQs)
According to statistics for the year left behind, in the second quarter of 2020, the Spanish state recorded 208.9 million euros in gambling revenues. Although the figures were good, there was a decline in the sports betting sector. This and due to the suspension of many sports activities from the COVID pandemic 19.
In Spain the minimum age to play games of chance is 18, and applies to all forms of entertainment.
Yes! In Spain the number of offshore companies that have market access is high. You can play in them without worrying too much about legal restrictions. This is because despite being considered technically illegal, Spanish legislation does not penalize players who play for these operators.