Casino Gran Madrid is the largest casino in the Madrid region and one of the busiest European gambling institutions. It is now the first operator to obtain a gaming license issued by the Autonomous Region of Madrid. From 2009, it signed an agreement with the publisher Playtech to use its software.
In 2006 and 2007, desiring to liberalize online gambling in the future, the Autonomous Region of Madrid has issued licenses to casinos and bingo halls. These licenses allow operators to offer sport bets, casino and bingo on the Internet provided that approval is converted into license when the law will finally be passed. Casino Gran Madrid became the first land-based casino to receive this license.
Casino Gran Madrid has just confirmed that beta testing will begin soon. Thus, the online casino using Playtech software could be launched in the coming months. Initially, it will only accept players 18 years and over living in the Madrid region. No name has yet been announced for this site.
In the previous article, we announced that Spain would soon legalize online gambling. In a few days, the law will be published in the Boletin Oficial Del Estado. Then it will be submitted to the European Commission for a statutory period of 3 months. This time will allow Casino Gran Madrid the option of staying in the market in Madrid prior to the issuance of the first national licenses. In addition, the operator shall pay 10% tax on gross gaming revenue instead of 25% according to the Spanish legislation.
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