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The Gambling Industry in the Spanish Market
Oct 28, 2020
Gaming in Spain is huge, from the craziness of the Christmas lottery (more than 73% of the adult population play every year) to the big numbers made each week by the National Lottery, Euromillones and Quiniela, among others. On top of this, the Spanish market keeps growing, presenting an interesting landscape, both for local and international operators.
In fact, the country received 256 million Euros of taxes from Lottery winnings during the first half of 2020.
The Spanish market is strongly regulated by several national laws and organisations, such as the State (Lotteries), the Spanish Gambling Act 13/2011, the DGOJ (General Directorate of Gaming Management), CONFAD (National Commission to combat the manipulation of sports competitions and betting fraud) and also by European bodies like the European Gaming & Betting Association.
But, after the closure of casinos, betting shops and other venues during the COVID-19 pandemic, the state of alarm and the ban of any gambling advertising… How is the current situation and what are the main betting trends in the Spanish gambling industry?
Online casinos
The first betting trend we will talk about is online casinos. Currently, several traditional casinos are migrating from retail to their online versions, which include a great variety of games like slots, baccarat, poker, blackjack, live dealer games, and roulette.
While land-based casinos are regulated and controlled by each region or “Comunidad Autónoma”, online betting in Spain has a national-level regulation, and some recent laws from 2018 reducing 5% taxes have made this channel even more attractive for operators.
Nowadays, more than 80% of the country's online gaming operators are part of the Spanish Digital Gambling Association, Jdigital, a non-profit association that looks after the interests of the online gaming industry in Spain, showing how committed the industry is to the development of this business trend.
Slot machinesS & Spinmatic in the spanish market
Another major trend in the Spanish gambling industry is the increasing presence of casino games. This segment, according to the DGOJ, grew in 2019 in Spain with an annual variation rate of 14.93%, specially due to slot machines −which accounted for 54.47% of the casino gaming and had an annual variation of 20.58%.
During 2020, this vertical also grew by 22.55% in the second quarter, compared to the first quarter of the year. This happened thanks to live roulette and slots, which had a quarterly variation of 28.92% and 19.88% respectively.
For Spinmatic, 2020 is showing itself to be a year with a strong focus on the Spanish jurisdiction, where the company plans to start operating very soon.
“We are very enthusiastic about offering our products on the Spanish market. Our plan is to continue to grow through new partnerships and launching new and innovative games and tools. Our goal is to start operating in every country in the world someday,” said the company’s Manager Director, Norbert Mathies, in an interview with Sector del Juego last May.
The company already has its games certified to be offered in the Spanish jurisdiction, which are now in the integration process.
Spinmatic has also partnered with some important Spanish operators like Reta and Mondobets, and it expects to introduce important innovations and specific games during 2021.
Do you want to know which Spinmatic slot games are preferred by the Spanish players?
As part of its certification, integration and operational plans, the company has conducted market research with the demo games to get to know the likes, background and specifications of the Spanish gamblers.
Spinmatc's best performance slots in Spain
El Fuego: Emilio has two sides: a puny dishwasher by day, and an undefeated luchador by night known as “El Fuego”. Will someone be able to stop him? El Fuego is a fierce slot game with Lucha Libre theme and 5 reels with 3 rows. 15 paylines, Wild with X2 Multiplier and Free Spin. All its features are prepared to ensure an inviting and pleasant game experience.
CosmoMix: Space is not a dark void anymore… Now it is filled with colourful fruits and lots of coins! Mix crystal fruits and create one giant cosmic drink to shake the galaxy! Cosmomix is a refreshing slot game with Space theme and 5 reels with 3 rows. 10 paylines, Win Both Ways and Expanding Sticky Wild features create a futuristic and delightful game experience.
Egyptian Stone: One day, in the deserts of Egypt, a relic was found. It turned out to be a device that can transport anyone between time and space! Egyptian Stone is an entertaining slot game with an Ancient Egypt theme and 5 reels with 3 rows. 10 paylines, Free Spin and Wild Scatter with a Payout features ensure an exciting and glamorous game experience.
Caishen's Treasure: The God of Wealth got bored in heavens and left to visit Earth, to share his riches with the humans who are lucky enough. Are you the one he is seeking? Caishen’s Treasure is a first-class max ways slot game with Chinese Mythology theme and 5 reels with 3 rows. 5 different Free Spin + Multiplier combinations, Scatter with a Payout, Standard Wild and Gamble feature ensure a stunning and amusing game experience.
Code 243-0: It is the year 2430. Technology sky-rockets, but so does crime. A cyborg called Code 243-0 finds her “human side” and runs away from the illegal underworld. Code 243-0 is a captivating slot game with Cyberpunk theme and 5 reels with 3 rows. Stacked Wild, Free Spin Scatter and Free Spin with random multiplier features are all prepared to ensure an exciting and pleasant game experience.