Bwin.Party to operate in Spain and Denmark soon?

14 Dec 2011

Bwin.Party is the world's largest online gambling operator; this impressive feat could soon reach even loftier heights, as the company looks ahead to acquiring even more gaming licenses...

The Gibraltar-based company was created in March of this year, following the merging of Bwin Interactive Entertainment and PartyGaming; the deal has already proved to be an overwhelming success for both companies, with the profit forecast and projections already 'well on track' to meet with management's high expectations for their maiden year.

The company also looks to continue with its seemingly limitless expansion plans; the latest developments are expected to be seen in both Spain and Denmark, where Bwin.Party looks to be on the cusp of acquiring new gaming licenses from their respective governments which would allow new operations to be undertaken there.

A statement regarding the possible new licenses has been released by Bwin.Party, which read: The group’s licence applications for Spain were submitted on November 25 and it is expected that approvals for our sports, casino, poker and bingo products will be issued in the first wave of licences to be issued ahead of the market opening in 2012,”

Meanwhile, the license for Denmark was lodged back on October 17th, with the outcome looking to be a favourable one for the world's largest gaming operator.

“In Germany, the next meeting of the Minister Presidents is due to take place on December 15,” read the statement from Bwin.Party.

“Schleswig-Holstein, Germany’s most northern land, has stated its intention to press ahead with its law to regulate and license all forms of online gaming with a 20 percent tax on gross gaming revenue. Schleswig Holstein’s law has already been approved by the European Commission.'

The gaming industry will undoubtedly  continue to keep a close eye on the progression of Bwin.Party as this year draws to a close.

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