Ongame Formally Closes Spanish Network

From Casinos Online Barely a year after achieving licensing in the then nascent Spanish legal online gambling market, Amaya Gaming subsidiary Ongame poker network has announced its intention to withdraw. Back in June last year proponents of the Spanish liberalisation were promoting the new market as having great potential, boasting 5.7 percent of the total gambling market in Spain (said to be the third largest offline market in Europe) compared to the European average of 11.2 percent. With expected gross revenues of Euro 82 million during 2012 online poker made up 19 percent of the e-gaming market in Spain �EUR‛…