How the Spanish Gambling Industry can Learn from the UK

Although Spain is by no means a greenhorn in the gambling industry, it is still lagging to the UK. The good news is that experts estimate the Spanish gambling industry will earn $1.22 billion by the year 2023.

Spain is relatively new to the online gambling market, which only became legal in 2011. On the other hand, the UK legalized online wagering for more than double the period of time. At present, it brings in nearly £5 billion to the country.

There are many things the Spanish gambling industry can learn from the UK. Also, there are aspects where the former is already shining.

Spanish Gambling Industry Land-Based Casinos

Probably the biggest money earners for the Spanish gambling industry are the land-based casinos. In fact, more than 18 million British citizens go to Spain each year. That around 27 percent of the country’s population. Majority of the tourists visit any of the casinos in Spain.

The best casinos are in Barcelona and Madrid. They have lavish decorations and luxurious ambiance. Aside from the two cities, other popular holiday destinations with casinos are the Balearics and Benidorm.

When it comes to casinos, Spain has an advantage over the UK. British casinos are usually on the outskirts of cities and towns. In addition, gamblers go to them for their selection of games instead of the location.

Online Gaming

Spain legalized online gambling in 2011. It experienced fast growth. In fact, it earned almost 1 billion euros in 2018. The industry is expected to grow to around 1.8 billion euros. However, it still lagged behind the UK in terms of total profits from online gambling.

One of the reasons why the UK has the edge is because of its industry’s competitive nature. There are many online sports betting and casino sites offering their services to British gamblers. Also, pay per head reviews reveal many UK operators offer a wide range of services.

Becoming a bookie in Spain is simple with the right pay per head solution. Make sure the provider has quality software to keep your players engaged.