How to Get the Best Online Betting Bonuses in Spain
If you are looking for the best online betting bonuses in Spain, you need to know your eligibility. This can be difficult as there are many bookmakers who constantly update their promotions, and it is often hard to find out what you qualify for. Luckily, there are several things you can do to make the most of a sign-up bonus in Spain. Keep reading to find out how to get the most out of this exciting bonus. Hopefully, this article has helped you make the most of your online betting experience in Spain!
First of all, you need to understand the legalities of gambling in Spain. The Gambling Act of 2011 legalized online gambling. The DGOJ, the Spanish gambling regulator, issued the first licenses to online betting websites on 6 June 2012. Land-based gambling is regulated by regional bodies. Since 1977, 17 autonomous regions have independently regulated gaming. Spain’s regulatory bodies answer to the departments of finance and the interior. However, these laws don’t apply to sports betting. casinos online
Another difference between online gambling in Spain and the rest of Europe is the taxation of gambling winnings. Until recently, the tax rate on gambling winnings was 25%. But, today, it is 20%, a reduction from the previous five percent rate. That means that Spanish players can enjoy a range of benefits if they are willing to pay taxes on the money they win. Unlike many countries, Spain is taxed on a percentage of their winnings, which is a bonus to sign up with.
Another important aspect of online sports betting in Spain is payment methods. The country’s extensive range of payment methods is a major selling point to entice all types of players. While some players are comfortable with one type of payment service over another, others may find it more convenient to use other methods. Spanish bookmakers strive to make the payment process as fast and convenient as possible. However, be sure to check the terms and conditions of your chosen bookmaker before making a deposit.
Spain’s government has also put in place effective regulations that have helped grow the industry here. The DGOJ (Directorate General for Gambling) oversees more than 60 online gambling houses across the country. Using this website to verify a website’s legitimacy will give you peace of mind. So, what are you waiting for? Get ready to win big. You’ve made your first step to playing in Spain! You’re sure to love it!
In addition to sports, Spain has a very active online gambling industry. Sports betting revenue has increased steadily since 2014, and the bookmaking industry generated EUR356 million of betting revenue in 2018 alone. Soccer is a second religion in Spain, and the country has two of the best soccer clubs in Europe. Real Madrid has won thirteen European Cups. Spain’s online bookmakers are up to date with trends, and offer mobile and desktop software that caters to the needs of Spanish players.
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