Casino News

Spanish gambling market to be worth €39 billion by 2010

2007-02-19 16:05:43

The Spanish gambling market will be worth €39 billion by 2010 as the result of increased liberalisation and heightened investment, it has been revealed.

The retail betting market alone will be worth €4.5 billion by the same date, representing a staggering 750 per cent increase.

A growing interest in the revenues that stand to be gained from tapping into the Spanish gambling market has meant that the likes of William Hill have already begun exploratory moves in the region.

The gaming firm has a joint venture agreement in place, to go along with other recent contracts such as that with online software provider CryptoLogic &ndash a renewal of an existing three year deal.

Interactive gambling in Spain will also take off, according to the report by Research and Markets.

The interactive sector will account for €4.2 billion in revenue by 2010, Research and Markets affirms.

William Hill's plans for the region include the introduction of a new Spanish-language online poker website.


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