Spain Online Gambling Tax
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The Spanish Ministry of Consumer Affairs initiated the changes to the recent Royal Decree that regulates the country's gambling industry. Login Casino keeps an eye on the latest legislation news in gambling and explains in more detail what is going to change in Spain.
The following year can bring changes to the Spanish gambling legislation, which is now operating under the Royal Decree. It was announced by the head of the Ministry of Consumer Affairs, Alberto Garzon.
According to the Minister, the primary emphasis will be on improving the laws' customer side. Thus, the governor hopes to increase the standards in multiple directions, including awareness, prevention, control, intervention, and treatment.
Among the upcoming practical changes will be the adjustment of gambling advertising via the mass media. Spain has already banned betting sponsorship on the jerseys of sports clubs. However, the renewed law will regulate the partnership between the sides in a more transparent manner.
- Key Facts: Online Gambling In Spain. Both online and offline gambling fully legal and regulated. Spanish Gambling Act passed in 2011 to deal with gambling law and licensing. Online gambling legal with licenced operators only. Unlicensed betting and gambling sites are usually blocked by internet service providers. Must be 18+ to gamble legally.
- Spain’s national government has proposed a tax cut for most forms of online gambling to 20 percent in its draft budget, but political hurdles still need to be cleared before the bill can be passed into law.
- Spain has yet to introduce legislation on internet gambling, although it is in the pipeline. An estimated 200,000 Spaniards bet €575m online in 2009. Unless they are honest enough to declare.
Online Gambling Tax Spain
Another aim is the activation of the generally accepted self-exclusion scheme. It means the coordination between the gambling spheres and sharing the needed information to prevent addictive behavior among the population, especially the younger ones.
Alberto Garzon explained that the draft of the new legislation will be presented in 2021. It means that the list of the involved persons will be massive during this drafting stage. Thus, the Minister hopes to include into the workgroup all the parties: shareholders, scientists, lawmakers, and so on.
Spanish government slashes online gambling tax by one fifth The Spanish government has announced a five percent tax reduction for online operators, setting the figure at 20 percent of gross gaming revenue.
Spain Online Gambling Tax Calculator
One of the major roles will be played by the Responsible Gambling Advisory Council, which consists of experts from different spheres. However, this squad will be expanded with the representatives of popular lotteries, ONCE and SELAE.
Read more: The gambling license variety across European countries: a simple guide
Read more: What are the real roots of gambling addiction?
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The rise of online betting in Spain has caused significant changes in Spanish gambling law. However it’s good news for players who can legally use a range of different online betting sites legally.
Check out the best online bookmakers accepting Spanish players and all the key info laws and legislation’s concerning the country below.
Best Legal & Licenced Spanish Betting Sites:
The following is a list of the best betting sites for residents of Spain:
Key Facts: Online Gambling In Spain
- Both online and offline gambling fully legal and regulated.
- Spanish Gambling Act passed in 2011 to deal with gambling law and licensing.
- Online gambling legal with licenced operators only.
- Unlicensed betting and gambling sites are usually blocked by internet service providers.
- Must be 18+ to gamble legally.
Gambling Legislation & Law Timeline
As mentioned above, the regulation and management of gambling in Spain is largely shared between the national and regional levels of government. For a long time, it was only the country’s separate regions which passed gambling legislation. The following, however, are the major milestones on the road toward the current national Spanish gambling legislative situation:
1977 – First National Legalisation
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It was in 1977 that the first few forms of gambling were nationally legalised in earnest in Spain. These forms were so-called ‘skill based gambling activities’.
1981 – Further Legalisation
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Just four years later, the Spanish national government extended the breadth of gambling activities considered legal in the country. The passage of legislation in 1981 led to so-called ‘games of chance’ being legalised alongside ‘skill based gambling’.
2011 – The Spanish Gambling Act
Passed essentially in response to the rapidly growing influence of online gambling, the Spanish Gambling Act of 2011 is the single most important piece of legislation when it comes to the regulation of gambling in Spain.
Spain Online Gaming Tax
The act laid down the entire legal and regulatory framework of the gambling industry, defined punishments for illegal gambling, stipulated tax rates and created a national regulatory body. That regulatory body is known as the Direccion General de Ordenacion del Juego (General Directorate for the Regulation of Gambling Activities or DGOJ). It is this body which is responsible for blocking access to and for fining unlicensed online gambling sites, amongst many other powers.
Are Players Taxed On Winnings?
All of the above, therefore, should give an accurate overview of the legal situation regarding gambling in Spain. One area which we shouldn’t neglect, however, is that of taxation and particularly of if and how winnings are taxed.
Unfortunately under Spanish law, unlike the law of many other countries, not all gambling winnings are tax exempt. Only winnings under €2,500, in fact, are exempt and any winnings beyond that mark are subject to a 20% tax rate. A law passed in 2012, however, does allow punters to discount their gambling losses from tax paid on any gambling winnings accrued in the same tax year.
Recommended Deposit Methods
There are few reasons for Spanish punters to consider issues of legality when it comes to their choice of deposit method when gambling online. Even if they bet with unlicensed overseas providers, after all, punters themselves are not doing anything illegal.
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In general, then, most Spanish punters tend to choose to deposit via debit or credit card due to the speed and ease of that particular method. Some less scrupulous punters, however, who may wish to circumvent tax do choose to deposit via E-wallet services which make the ultimate destination of their money less easy to discern and more secure.