With the legal uncertainties arising from Gibraltar’s departure from the European Union, the autonomous cities of Ceuta and Melilla are positioning themselves as desirable destinations for online gambling companies. As the gambling industry grows worldwide, shedding its taboo image, Ceuta and Melilla are leveraging their advantages to attract businesses in this sector.
During the “GILA Elite Marbella 2023” congress held on June 6 and 7, the Autonomous City of Melilla seized the opportunity to showcase the tax benefits offered by the territory, mainly targeting Latin American companies. María Ángeles Quevedo, the general director of the Public Revenue of Melilla, presented these advantages in a round table discussion titled “The Spanish gambling market: The cases of Ceuta and Melilla.”
Quevedo shared the table with Kissy Chandiramani, the acting Minister of Economy and Finance of the Government of Ceuta; Rebeca Chacón, the director of 888 Spain; and Santiago Asensi, the CEO of Asensi Abogados.
Since the Brexit transition, around 16 online gambling industry have relocated from Gibraltar to Ceuta and Melilla.
Melilla alone has attracted a total of 23 companies, including prominent brands like Codere, Sportium, 888, and Luckia, among others.
During her presentation, Quevedo highlighted the tax advantages offered by Melilla to the online gaming sector, which have already enticed over a dozen companies to choose the city as their base of operations. In addition to tax benefits, convenient transportation connections with the Spanish mainland through Malaga and Madrid were emphasized as further advantages.
As the online gambling landscape evolves, Ceuta and Melilla are positioning themselves strategically in this burgeoning industry. By capitalizing on their unique offerings and favorable conditions, they aim to become attractive hubs for online gambling companies, fostering economic growth and development in their respective regions.
Bookies should seek the most favorable environments.
Bookies looking to establish their betting businesses must strategically select the right environment for success. Factors such as regulations, competition, and customer demographics all play a crucial role in determining the profitability of a bookie’s business model. With careful research and analysis, bookies can identify areas where they will likely thrive.
However, it is not enough to find the ideal location – modern-day bookies must also employ cutting-edge technology to stay competitive. The use of state-of-the-art software that supports real-time data management and analytics is essential for keeping up with the fast-paced world of sports betting. Furthermore, an online presence is necessary for reaching new customers who prefer placing bets from the comfort of their own homes or mobile devices.
Overall, bookies who prioritize both location selection and technological advancements will have a significant advantage over those who fail to do so.
If you are in the betting business, you know that staying competitive is crucial to success.
But how do you keep up with all the technological changes and advancements? Look no further than VIP Pay Per Head! With their cutting-edge platform and expert team, they can help take your business to the next level.
VIP Pay Per Head is revolutionizing the bookmaking world by providing an all-in-one solution for bookies. With their extensive industry experience and cutting-edge technology, they have developed a platform that allows bookies to run their betting business smoothly and effortlessly. No more dealing with complicated red tape or tedious paperwork! VIP Pay Per Head will take care of everything, letting you focus on what matters – making money!
With VIP Pay Per Head, you can access a wide range of tools and features that will help streamline your business operations.
From managing your players and setting up betting lines to tracking your profits and losses, everything is done in one place. The platform is user-friendly, so even if you’re not tech-savvy, it’s easy to use.
Don’t miss out on the opportunity to dominate your competitors and see real results! Join VIP Pay Per Head today and experience the game-changing difference for yourself. Act fast and start winning big – you won’t regret it!