Betfair awarded Spanish online gaming licences ~ GIBRALTAR CHRONICLES

Friday, 8 June 2012

Betfair awarded Spanish online gaming licences

06:10 Social Enterprize No comments

Betfair (BETF.L), the world's biggest betting exchange, has become the latest British gambling group to be awarded online gaming licences in Spain as it looks to take advantage of the cash-strapped country's newly regulated gaming market. Betfair said on Thursday it had been awarded online gambling licences in Spain, enabling it to offer sportsbook and casino products there, including roulette and blackjack games. Last week Spain awarded online gaming licences to companies including Bwin.party digital (BPTY.L) and Sportingbet (SBT.L) in a move that will raise tax revenue and remove regulatory uncertainty hanging over operators. Some 60 firms have applied to operate in Spain so

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Friday, 8 June 2012