Pokerstars Withdraws Its Spanish Online Casino Offering

Technical modifications necessary to comply with local regulations, operators says

The Spanish real money online casino offering from Pokerstars has been withdrawn from the market after just two months of operations.

The company claims that the withdrawal is necessary for technical tweaks in order to comply with local regulatory requirements on the availability of hand histories.

However, industry observers report that the the new enterprise was slow to take off with Spanish players and has turned in a disappointing performance. This may be due to the lack of sign up bonuses and a loyalty program in a competitive market.

Pokerstars communications indicate that the exit is temporary, and that the casino product will be back in Spain in a matter of weeks.

The Spanish market is a tough one for operators to survive, let alone prosper; regulations are stringent, licensing costs are high and are exacerbated by a 25 percent tax on gross gaming profits, and there's a 1 percent administration fee on turnover.

Online Casino News Courtesy of Infopowa

More news

here.

About the Author... Total Posts Written: 9,446
Casinomeister

Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

See More Posts