Can you play casino games in Spain using cryptocurrencies? What are the best games and bonuses. Find out in our ES crypto gambling guide.
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Gambling is legal in Spain at both the national level and across the 17 autonomous provinces. The piece of state legislation that governs gambling activities across the country is the 2011 Spanish Gambling Act.
Although gambling is legal across the nation, each of Spain’s provinces has the right to choose which games to permit. State-level regulation applies to gambling operators that function across regional borders, like online gambling sites, for instance. The provinces, on the other hand, govern gambling activities conducted within their territories. This results in a fragmented and complicated legal landscape. However, many gambling games are allowed in all of the provinces. Some of these include slots and other machines, roulette, poker, blackjack, and baccarat. Sports betting is legal nationwide, too.
Online gambling is also allowed in Spain since 2011. Before that, only online sports betting and online lottery were legal. Initially, the state held a monopoly over online gambling. However, later on, it started issuing licenses and allowed private operators to enter the market. The body that regulates online gambling in Spain is the General Directorate for the Regulation of Gambling Activities. Largely, Spain has one of the most advanced and progressive legislative gambling frameworks.
Spain is a wealthy European country with a stable economy. Additionally, it is very technologically advanced. These two factors have facilitated the development of a healthy cryptocurrency market. Spanish crypto users utilize a wide variety of coins, such as Bitcoin, Ethereum, Litecoin, Tether, Ripple, Dogecoin, and so on. Newer cryptocurrencies also have their place among the rest.
Despite all that, Spain has no official legislation to govern the use of crypto. The reason is largely that the government has been extremely cautious because of financial and securities frauds during the recession. That is why the state is very conservative towards new tools, such as cryptocurrency. Its ultimate goal is to protect consumers and investors. Therefore, it may take a while before we witness a more relaxed approach to digital currency.
Nonetheless, crypto is growing in popularity among the Spanish people, along with NFTs and other similar inventions. Investing, trading, and mining crypto can be done in Spain at your discretion and without unnecessary interference on behalf of the state.
One of the areas where cryptocurrencies have become particularly widely used in Spain is online gambling. This is not surprising, as the trend has been similar across many developed countries around the world. Cryptocurrencies provide key advantages to players, such as strong security, low to non-existent transaction fees, fast payments, privacy, and more.
The Spanish people are a gambling-friendly nation. Gambling has been legal in Spain since 1276. There are very few countries in the world that have had gambling regulations dating as far back.
Throughout the years, however, Spanish legislation has changed numerous times. It has been continually legal since 1977. Lottery, one of Spain’s most popular gambling activities, has been legal since 1963. The current acting legislation is the Spanish Gambling Act of 2011. Passing the Act was a progressive lawmaking move toward a modern, healthy, and well-regulated gambling market.
The year 2011 also saw the legalization of a variety of online gambling formats, such as slots, video poker, blackjack, roulette, and many other table and live games. Before that, only online lottery and online sports betting were legal in Spain.
As briefly mentioned before, the Spanish Gambling Act of 2011 also put an end to state monopoly in online gambling. It allowed private operators to enter the scene by issuing legal licenses as long as they complied with the state’s requirements. This was a groundbreaking move because there had been a licensing system since 2007, but no licenses were issued until 2011. As we all know, a well-regulated market is key to protecting players and business owners.
Nowadays, Spain enjoys a strong and sustainable gambling industry. The state is very concerned with the safety of both businesses and players. Only playing at licensed gambling operators is legal, and control is very strict. Internet providers block unlicensed gambling websites.
In addition, both the government and the sector take advanced measures to promote responsible gambling. Spanish players have at their disposal numerous services and tools to combat the potentially addictive side of gambling. Another recent step Spain took to promote healthy competition and gambling habits was to ban welcome bonuses in 2022. At present, only regular subscribers are allowed to have additional incentives.
The Spanish enjoy gambling as a fun pastime activity very much. Sports betting is particularly popular in the country. People bet mostly on soccer. Tennis is the second most preferred sport to wager on, followed by horseracing, basketball, and other traditionally favored sports. The Spanish are also keen on Formula 1 wagering.
Lotteries are very popular, too. This is not surprising because the state has been quite favorable towards this socially acceptable form of gambling. Bingo, scratch cards, and other instant-win games are common as well.
In terms of online games, the Spanish largely prefer video slots. According to the most recent report by the state Directorate General for the Regulation of Gambling, the popularity of slots has grown steadily over the years. In contrast, the interest in other games like roulette and baccarat, for instance, has remained more or less the same.
This tendency is not surprising. Video slots are simple games with interesting features and fun themes. People find them easy and generally quite affordable to play. Some of them have fairly attractive payouts, and it is really easy to find online casino bonuses with lots of extra cash and free spins. In addition to slots, Spaniards also like poker and blackjack.
As already mentioned, Spanish players enjoy online slots the most. That is why they typically look for and prefer bonuses that will give them additional cash and free spins.
An important change in the Spanish gambling sector that the government introduced in 2022 was that it banished welcome bonuses. Currently, only players who have been registered for over a month and have made at least three deposits are eligible for bonus offers. Online gambling sites have compensated for this regulation by offering more generous promotions for existing subscribers. Loyalty programs have also substantially evolved thanks to this measure.
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