Spain to license offshore casinos
THE COMPETITIVE LANDSCAPE in Europe's online gaming sector continues to evolve. Spain announced last week that it will regulate and license online gambling companies. Officials in Madrid announced that renewable five year licenses will be awarded to vendors. Analysts predict a wave of applications from companies based in the UK and possibly from some American firms.
Meanwhile, authorities in the UK are forging ahead with their plan to regulate and tax online gambling.
But as some European countries fall over themselves to bring the free-runners into the fold and tax them, France and Germany seem to favor the prohibition route championed by the US with the Unlawful Internet Gambling Enforcement Act.
Meanwhile, authorities in the UK are forging ahead with their plan to regulate and tax online gambling.
But as some European countries fall over themselves to bring the free-runners into the fold and tax them, France and Germany seem to favor the prohibition route championed by the US with the Unlawful Internet Gambling Enforcement Act.
posted by john at 9:23 AM
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