Top Casinos and Best Banking Options for Spanish Players

Spain’s history in regards to gambling goes back centuries. It is interesting to point out that the first acts of legalising any form of gambling in the country happened in 1977. In the period from the 19th century into the late 20th century, many types of gambling were banned in Spain, with the exception of state-sponsored lotteries. Looking for a new source of income, the Spanish government started to authorise and monitor skill-based gambling. As these operations were doing good, authorisations for slot machines and other games of chance followed in 1981.

To fully regulate the online gambling market in the country, the authorities introduced the Spanish Gaming Act in 2011. Under the law, state-wide lotteries are solely administered by Sociedad Estatal de Loterías y Apuestas del Estado (State Lottery and Gambling Company) and ONCE. State-wide online gambling activities carried out through the internet and interactive devices such as computers and smartphones must be organised under a license obtained in Spain.

Any organisation offering gambling services in Spain without a licence is committing a serious offence that may result in a penalty of up to €50 million and a ban from providing gambling activities. The regulatory body for online gambling is the Dirección General de Ordenación del Juego (DGOJ), which reports to the Ministry of Finance.

As mentioned above, the websites that are allowed to operate in the Spanish market must hold a license issued by the Dirección General de Ordenación del Juego (DGOJ). Therefore, you enter no risks by joining Spanish-friendly sites as they are approved by the state’s authority. Even if they display multiple licenses on their front page, this is always a good sign. In your adventures across the online gambling scene, you may also encounter internationally oriented sites that also feature licenses and certifications from other jurisdictions, such as the UKGC or the MGA, but that does no harm to you being a player from Spain. If anything, it contributes more to the trustworthiness and the reliability of the operator.

Different payment methods may be available in different areas, which is why Casino Banking Methods always pays attention to banking systems that dominate the locale. Not because we just want to know it all (although that wouldn’t be a bad thing, would it?), but because we’ve found that many online casino players benefit from making a deposit to their gambling account with the use of payment options normally available and popular in their region.

If you are joining an online casino from Spain, chances are you will be offered a list of banking methods that are already present and doing well in the Spanish market. Knowing how they work can significantly improve your performance in online gaming, as you will be able to quickly and safely transfer funds whenever you need it. Spanish players are usually best off depositing with methods such as Teleingreso, an online payment method that provides an anonymous solution and also benefits from the “push” style of payment. With Teleingreso, one doesn’t even have to hold a bank account or own a card.

Alternative cashier methods for Spanish casino lovers include PayPal, Trustly and Sofort, for instance. While these payment processors did not originate in Spain per se, they come with a lot of conveniences for users in EU countries.