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September 2011                 October 2011                    November 2011                          December 2011               January 2012



                                                                                                                    Stage 3
                                                                               Stage 2 Opening of                                       Stage 4
                                   Stage 1                                                                        Study of the
                                                                                 the application                                  Notification of the
                    Approval of the regulations developing                                                       documentation
                                                                                      period                                     granting of the first
                        the Gaming Regulatory Act                                                                  submitted.
                                                                                  (20 – 30 days)                                       licences
                                                                                                                  Observations



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The application for spanish on line gaming licenses - main legal, economic, technical and operational aspects. presentation from martin andino abogados

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