A new report claims that the Spanish gaming market could be worth €39bn by 2010.

Research and Markets’ paper, The Spanish Gambling Market - a Key Region for Future Growth, also predicts that that a 240 per cent increase in the country’s online sector would boost its value to €4.2bn by 2010.

The recent liberalisation of Spanish gambling laws has seen bookmaker William Hill enter the market and Spain’s lottery sector is currently one of the largest in the world.