Spanish Gambling Market
Habanero is a worldwide developer of software for the gambling industry and is among the pioneers in both the B2C and B2B industries. The provider specializes in complex solutions for online casinos and supplies its developments to countries all over the world. Now, Habanero begins to prepare to enter the Spanish game market. In this way, the company plans to expand its presence in Europe and increase brand awareness.
Habanero was founded in 2010, but its rapid growth began in 2012. In a short time, it became one of the top four providers in Asia and began its expansion to the European market. The manufacturer of gaming software offers a wide range of slot machines, board games, as well as a platform for virtual gaming clubs.
The wide and rich catalog of games that Habanero offers includes old but gold classics, for example, Blackjack, Roulette, and Baccarat, as well as improved novelties with immersive effects and different board games.
While the gambling operator revenues in Spain have dropped significantly since last year, the market has managed to curb job loss statistics to 15%. Have Spanish operators got the resilience to recover fully with yet more obstacles on the way?
Spanish gambling revenue grew 12.5% year-on-year in the first quarter of 2020, thanks to growth across all verticals including sports betting, despite the suspension of major sporting events from mid-March due to novel coronavirus (Covid-19). Spanish Gambling Market Going Strong Gambling industry numbers in Spain have been recovering albeit the revenue generated is still struggling to catch up to its results in 2008 before the global economic crisis hit markets across the globe.
Habanero initially entered the Spanish market with 41 of its most popular and exciting slots, board games, and promotion tools. Habanero games feature beautiful realistic animation, lots of prize symbols, and bonus privileges. The most popular slots that every casino lover knows are Super Twister, Pool Shark, Zeus, Sparta, and Gold Rush.
Spanish Gambling Markets
- The Spanish market is more regionally diverse than many other European jurisdictions; the central government has transferred most of its regulatory powers relating to gambling activities to the 17 autonomous communities, with the exception of the cities of Ceuta and Melilla. As a result, each of these 17 regions has enacted its own gambling.
- Recent results from leading Spanish gaming participants, both land-based and in the grey market, have provided further information about the state of the market ahead of any regulatory moves.
Everything was done according to DGOJ certification standards, which members of the Spanish gaming market must adhere to. The reason why Habanero needs accreditation is simple. The company plans to announce a series of loud and big deals in the near future, and for this, Habanero needs to cooperate with many Spanish operators.
Habanero is already a massive success in Europe, having signed contracts with leading providers in countries such as Italy, Portugal, Croatia, Romania, and Bulgaria. Habanero is no longer new to the game in the European market, and therefore the conquest of the Spanish market is likely to be smooth and successful.
To what, or to whom, does Habanero owe such success? It’s all about Arcangelo Lonoce, head of business development. He is the one who has achieved incredible growth and expansion in the European market. Led by Lonoce, Habanero aims to expand rapidly through 2020 and to delight its fans with the same exciting and immersive games for which it has become renowned in the industry.
Lonoce has stated that Habanero is armed with many premium segment products and a vast number of action games. The company is fully prepared to make a name for itself in the Spanish market and to become one of the leading developers in the future.
According to Lonoce, all team members are looking to the future with enthusiasm and high expectations. With market-leading promotional tools and an incredible portfolio of some of the best slots currently available, Lonoce and his team hope to provide Habanero with a great future in Europe.
Spanish Gambling Market Size
