Stanleybet Heads to Spain

British betting operator Stanleybet Group has announced that it has obtained a Spanish retail betting licence and will be entering the market in the first quarter of 2023.

The company plans to begin operating in the southern portion of the country in the Andalusia region, with the first retail product launching in the town of Malaga. The location will feature infrastructure to facilitate betting on a number of sports, including football, basketball, handball, golf, cricket, and other events from around the world.

Stanleybet is based out of the UK, but is also present in markets like Italy, Belgium, Romania, Denmark, and Cyprus. It also has an online betting site where gamblers can partake in casino games as well as bet on sports.

Regarding the licensing and his company's plans, Stanleybet Group CEO Giovanni Garrisi said, "We had started the process for obtaining the licence already in 2019. The pandemic inevitably slowed down the procedures. In the meantime, we continued to dialogue with the Andalusian authorities to complete the process once everything returned to normal.

"Andalusia represents an extremely vast market with a very high development potential. We will start from Malaga, where we are already working on the opening of the first shop, scheduled for the first quarter of 2023, and then continue in the other cities."

Stanleybet Country Manager for Spain Antonio Stanzani also commented, adding: "Our business model, already successfully applied in other countries, such as Belgium and Cyprus, includes both types because we believe that flexibility is one of the factors that have led us to succeed in various markets.

"Our first shop will be a 'tienda de apuestas', to imprint and export our style also in Andalusia, but we are already in contact with several Spanish entrepreneurs who have chosen Stanleybet to start thriving and lasting partnerships in the betting and gaming industry, in which we have been a leader since 1958."

About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.

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