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Next Month's 2018 Gaming in Spain Conference Overflowing With OpportunityPublished October 26, 2018 by Lee R
A booming market will provide iGaming professionals with the chance to access local regulators and industry leaders.
With Spain being in the news so much lately, its good to see a conference coming to sort everything out and distributing the benefits to ambitions and dynamic stakeholders.
The 2018 Gaming in Spain Conference will be held at Madrid's Wanda Metropolitano November 7-8th, which is also the home stadium of Atlético Madrid FC and the site of the upcoming 2019 UEFA Champions League Final.
The 2018 Gaming in Spain Conference has a wealth of reasons that represent unique opportunities to the best and brightest of the iGaming industry, in a market that is truly booming.
The fact is at this point the booming Spanish market is bringing in year-on-year revenue growth of 27% in 2018's Q1 and 38% in Q4 2017.
Listening to the Public
As far as adapting to the needs of private organizations whose activity fuels the tax gathering revenue system of Spanish regulation, Spain recently became the first EU country to substantially lower its stiff remote gaming tax rate from 25% to 20%, showing some essential flex to ambitious prospective remote operators seeking to expand into the ample Spanish market.
Gaming Zone Groundwork
Spain is also establishing gaming-friendly regions which look like they could crop up in the very near future as gaming hubs for the jurisdiction. This specifically refers to the enclaves of Ceuta and Melilla, where the prevailing remote gaming duty of 20% of GGR will be reduced 50% to an attractively minimal 10% of GGR.
A growing list of luminaries at the conference further renders this more and more looking like a can't-miss event. To this point, the high-level speaker list of speakers and has expanded to include Director General de Regulación del Juego Juan Espinosa Garcia; DGOJ Subdirector General de Regulación del Juego Guillermo Olague Sanchez; President of Jdigital Mikel Lopez de Torre; and EGBA Secretary General Maarten Haijer.
All of these developments are designed to fortify 2018 Gaming in Spain Conference with optimal clarity regarding recently announced restrictions on gambling advertising. The show will accomplish this enlightenment through an approach which enable maximum access to local regulators with the upcoming online licensing application window nearing its time limit, a time limit which all iGaming stakeholders should most definitely heed in this influential European economy.