It will be a pleasant victory for the Spanish government if they can corner some of the one billion dollar online casino and poker market however it will fall way short of sorting out the massive government debt. It is quite strange that two of the three European Union countries that are in financial difficulties, also have the most amount of gambling revenue.

Spain hopes for online betting windfall

“The heavily indebted government will award licences to internet betting operators for the first time on Friday. Revenues in the sector are estimated to be over 800 million euros ($1 billion) in 2014, according to gaming association Jdigital.