Betting Shops to Open in Spain
07/29/2008
5 px spacer

The first betting shops in Spain's Basque Country look set to open in September, to coincide with the beginning of the European football season. The openings were originally supposed to take place in July. In spite of the slight delay, the plan to open betting shops seems to carry on.

In 2007 the Basque Government, which governs an autonomous community encompassing three provinces in Spain's north - Alava, Vizcaya and Guipuzcoa - granted licenses to three companies to open the betting shops.

Two local Basque companies - Ekasa and Kirol Jokoa - were handed licenses, as was Garaipen Victoria Apostak SL, a joint venture of British bookmaker William Hill and Spanish group Codere SA.

The three companies were each handed licenses for 25 betting shops; twenty-nine are expected to be open by the end of the year, with four in region's largest city - Bilbao.

The move follows recent openings of betting shops in other parts of Spain, with the capital Madrid handing out 70 licenses for betting shops alone. The first was opened by the company Victoria, also a joint venture of William Hill and Codere SA.

Spanish gambling
Gambling has become increasingly popular in Spain, with an estimated 670 euros per person spent on the pursuit annually, and analysts tipping the betting market to grow to 39 billion euros in 2010.

Yet before the liberalization of betting laws by the Madrid and Basque regional governments in February, Spaniards could only gamble online. Now, with betting shops opening in these two regions and potentially in the rest of the country in the near future, Spanish punters can enjoy the best of both worlds.


Archived Poker Stories
- Betway Player Wins Big Cash
- Betfair Launches First iPad Betting App
- Atlantic City Casinos Suffer Drop in Profits
- Website Lets Students Gamble on Grades
- PartyGaming and bwin Set to Merge in 2011
- Online Casinos Without Borders
- US Online Gambling Legalization Gathers Pace
- PayPal Returns to Online Casinos
- Celebrate Swiss National Day at Swiss Casino
- Regulating Gambling: HR 2267 Passes Committee
- Online ME Casino Exclusive Bonus from OCR
- AGA's Responsible Gaming Education Week
- Final table of the WSOP set
- Four Times Lottery Winner Lies Low
- YouTube to Allow Online Gambling Ads
- Live In-Play Quarter Final Battles
- World Cup Odds: Enter the Round of 16
- Football World Cup Betting Surprises
- Who's Out of Africa from Groups A and B?
- World Cup 2010: Shock Result of the Day
   
©2005-2009 Lifeofsports.com All Rights Reserved