Betfred Ready to Expand into the Spanish Market After Securing a New Spanish License
Betfred is getting ready to expand its presence across the Spanish market after securing a new license issued by the Spanish national gambling regulator. Dirección General de Ordenación del Juego (DGOJ) approved Betfred’s licensing permit to offer both casino and online sportsbook activities. Betfred said with the approval it continues its ongoing expansion across the industry.
Betfred has teamed up with Optima, a Spanish online gaming and sports betting solutions provider to supply a sports wagering and player account management system in the country. Betfred will run its operations from a new office in the Ceuta province. The city has a 12.5% corporate rate tax and a 10% gambling tax rate, but Betfred is well excited to get this opportunity to expand its presence and offer its products to a new regulated market.
Spain is one of the biggest regions that has a real passion for sports especially football Betfred said. This is the perfect opportunity to share their football expertise with the heritage and passion players are looking for. The news of Betfred getting the approval from the DGOJ comes after they announced the approval of their online gaming platform, SkillOnNet.