How to prepare for the Spanish Gambling Act
On May 28 the Spanish Gambling Act (Ley 13/2011 de Regulación del Juego) was published in the Spanish State Gazette, becoming enforceable the day after.
However, between then and the day the first licences are granted (or, at the latest, January 1, 2012) – the so-called ‘transition period’ – operators that are currently taking players from Spain will not be subject to sanctions for running their games.
That said, operators acting in Spain will have to pay taxes, as they will be required to be up to date with the Tax Agency at the time of filling their applications before the National Gaming Board, which is expected to happen in November. … Continue Reading