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News > 2006 > 2006, November > Spanish Online Casino Market Expected To Grow Substantially
Spanish Online Casino Market Expected To Grow Substantially

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According to a recent research conducted by the Munich-based MECN research company, the Spanish online casino market is supposed to grow up to 4.2 billion Euro by the year 2010, putting the country high on the target list for potential investors and gamblers.

According to a recent research conducted by the Munich-based MECN research company, the Spanish online casino market is supposed to grow up to 4.2 billion Euro by the year 2010, putting the country high on the target list for potential investors and gamblers. In addition, the study reveals that some of the biggest online gambling companies have already started to plan their entrance into the Spanish online casino market, as more and more Spanish football teams - some of them considered world-class level - are being sponsored by online gambling companies.

MECN pointed out in the research the many possible reasons for this sudden growth to happen. According to them, the fact that many autonomous regions is Spain are looking for the liberalisation of the market could help the introduction of online casino companies into the country. In addition, as stated above, the growth potential in the country is one of the highest in the world. According to the study, the retail betting market of the online casino sites could grow up to 750 percent larger than it is today until the year 2010.

As yet another incentive, the research company highlighted the fact Spain's lottery market is one of the biggest in world, making the country a perfect soil for the online casino industry. Although many things still have to be taken into account before deciding to invest in the Spanish online casino industry, all the signs indicate that the country is on its way to become a world power in the online gambling industry.

-30 Nov 2006
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