Euro Games Technology keeps on gaining speed on the B2 saloon market in Spain.

The VR gambling market consists of sales of gambling services and related goods through VR-based online channels by entities that operate gambling facilities. Virtual reality (VR) is a technology that uses multi-projected environments to create realistic images, sounds, and other sensations in combination with physical properties that replicate.
However, a growing number of EU countries have established licensing systems that allow more than 1 operator to offer services on the market. Under EU law, no particular system is favoured over the others. Gambling case law. Online gambling regulation in EU countries is characterised by diverse regulatory frameworks.
Spain’s online gambling market has reached an all-time high with gross gambling revenues for 2016 soaring by 32.6% to €125.7m in Q4. According to results posted by the Directorate General for the Regulation of Gambling, the amount wagered online increased by 19.9% to €2.9bn.

These figures show that the Spanish online gambling market is quickly reaching maturity, after first being regulated in 2013. Attracting new players is becoming increasingly costly for operators. The dramatic rise in marketing expenditures in 2018 is obviously not sustainable in the long run.

Soon after the company received certification for its respective products and made its first installations, it is now expanding its reach in the sector, delivering to two more operators.

Spanish Online Gambling Markets

“In July and August we completed our set-up work at Orenes Group’s gaming hall in Lleida and Repris Group’s Salon Sport, located in Barcelona,' commented Kristian Kostovski, director of EGT Spain.

“We have worked with Orenes for years mainly for their casinos, both land-based and online. Now we are glad to be of service also for their B2 saloon business and I hope that the recent installations will be the first of many to build on their image of one of the most impactful and respected participants in our industry.”

Repris Group, on the other hand, is a new customer for EGT. It operates establishments in Catalonia and Valencia. “They chose us as we have already achieved very good presence in Spain in the casino sector and because the design and ergonomics of our cabinets, the attractive graphics and sounds of our games and the user-friendly interface are standing out,” continuedKostovki.

“So they expected our B2 saloon products certification as an opportunity to start a partnership and I am confident that we will be able to meet their expectations.

Spanish Online Gambling Marketplace

“It is just the beginning of our B2 saloon market entry. Our products for the gaming halls are based on EGT’s casino proven approach and are tailored to the specifics of the market, so we are able to provide our customers with a high-performing solution.”