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Spain to regulate and restrict online poker market by 2012
Spain is ready to regulate online poker, with a complete market overhaul planned to take place by the beginning of 2012. The new model, however, outlines a number of strict restrictions on both providers and players.
Spain is looking to become the next European country to introduce regulation of online poker, with new legislation due to come into force early next year.

An overhaul of Spanish online gambling law has been underway for some time already, but it now seems as if the changes are ready to be implemented, promising for legal and regulated poker for all Spanish players.

The change, however, comes with a number of strict restrictions.

A cause of massive concern in the negotiations and refinements of the law has been the battle against gambling addiction, and this is clearly visible in the outlines of the new law, which according to Pokerstrategy.com will introduce a limit of €10 on big blinds, meaning that the highest level of play will be NL1000.

Additionally, players will only be allowed to play with 100 big blinds, as well as the maximum buy-in for tournaments will be set to €250.

On top of this, there will be a number of deposit limits on individual players, with the highest possible deposit a month being set at €3,000.

These limits can be removed or altered, but players will have to undergo a special "responsibility test" and analyses of player habits before this can happen.

Furthermore, and perhaps most noteworthy, the Spanish market will be isolated in the sense that Spanish players will only be able to play against players on their own .es platforms.

From 2013, Spanish players may be able to play against other "trustworthy" states with similar legislations, such as Italy or France.

Finally, providers will also be subjected to a 25% to 30% tax of net income. All companies seeking a license will need to have at least one office on a physical address within the European Union as well as a representative in Spain.

Furthermore all domains must end with .es, and server data must be available to regulators and financial institutions at all times.

The offering is believed to have spurred applications from a handful of large online gambling providers, including giants such as PokerStars and bwin.party.
Posted by sani23
Poker.org News Editor
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432
1 year ago
First France,now Spain.I don't like it.
3089
1312233
1 year ago
It will spread to the entire EU eventually. I don't like it either. Those are some ugly rules.
2613
1 year ago
Online poker just sucks now
346
1 year ago
I don t like how they put the problem.....i like the old rules......NO RESTRICTION RULES
1272
33
1 year ago
HOPEFULLY in the future, they end up creating a network for taxes where you can play anywhere, but the country that has the room gains taxes or something along that line. This "country only" bullshit is going to literally tear apart online poker. Maybe not so much for the US because of the number of players in the country that play online, but smaller countries are gonna get hurt by all of this...

Such a shame!
1202
213
1 year ago
I guess this passion won't last as long as we all wanted it to last...so sad
1960
12311331
1 year ago
Denmark will also get a new poker law next year. Places have to but Licens for Danes to be able to play at there client, but there'll not be any limits, thank god. This is awful, jikes
58
1 year ago
Sad news, something bad is coming...
677
2
1 year ago
Romania tried something like this last year....but no chance till now
2043
2313
1 year ago
Well i dont like it either , there coming out with too many different countrys that are getting into online poker
625
1 year ago
Another country segregating its market, doesnt look good for online poker.
that's what regulation gives you, stupid laws and taxes.