Valencia gains weight as a European hub for iGaming firms
Perrin cites lifestyle, lower rents and an emerging cluster as decisive factors

Key Takeaways
- Yago Perrin, CEO of Terminus Platform, argues Valencia has the attributes to become a European iGaming hub.
- InterNations named Valencia the world’s best city for expatriates in 2024 and 2025.
- Average rents in Valencia are estimated at about one third lower than Madrid and roughly half those in Barcelona.
- Companies operating in Valencia cited by Perrin include Red Rake Gaming, Triple Cherry, Soft2Bet, BrainRocket and the Wagerfair team.
Valencia is positioning itself as an attractive destination for iGaming companies, according to Yago Perrin, CEO of Terminus Platform, in an analysis published on 27 October 2026. Perrin points to a combination of quality of life, connectivity and a local business base that includes suppliers and operators as factors that, in his view, could turn the city into a European hub for the sector.
City appeals
Quality of life is one of Perrin’s principal arguments. Valencia was recognised as the best city in the world for expatriates in the InterNations rankings for 2024 and 2025. The city offers proximity to the beach, relatively short distances between points of interest, airport connections and access to Madrid in under two hours by high-speed train. Climate and many hours of annual sunshine complete the residential package.
Residential costs are another relevant piece. Perrin estimates that average rents in Valencia are roughly one third lower than in Madrid and about half those in Barcelona. He also mentions the Spanish tax regime applicable to certain relocated workers as an additional incentive to attract international talent, subject to meeting the applicable legal requirements.
Business ecosystem and companies present
The presence of companies linked to online gambling strengthens Valencia’s candidacy. Perrin cites Red Rake Gaming, Triple Cherry, Soft2Bet and BrainRocket, as well as the team from Wagerfair, as examples of firms already operating in the city. The coexistence of studios, technology providers and operators can ease the attraction of investment and the concentration of specialised profiles.
Perrin’s proposal is not to create an industry from scratch: the main challenge is getting the market to recognise Valencia as a centre of activity in its own right, and not merely a secondary location for headquarters established elsewhere. Business consolidation, talent attraction and stronger inter-company links are the variables that will determine the ecosystem’s development.
Next steps for the candidacy
Perrin identifies necessary steps as consolidating corporate presence and converting local advantages into broader recognition within the European iGaming industry. The city already combines ingredients comparable to traditional hubs such as Malta, Gibraltar, the Isle of Man and Cyprus; the outstanding question is turning those advantages into a hub with its own identity.
For readers interested in the operational business or in the technological offering, the concentration of operators and providers in Valencia raises areas of interest for operations, payments and opportunities in casino.
Frequently Asked Questions
Who proposes Valencia as a European iGaming hub?
Yago Perrin, CEO of Terminus Platform, proposes Valencia as a European iGaming hub, basing his case on quality of life, connectivity, lower residential costs and the presence of sector companies.
What international recognition supports Valencia’s quality of life?
Valencia was recognised as the best city in the world for expatriates in the InterNations rankings for 2024 and 2025, a point Perrin cites when explaining the city’s appeal.
Which iGaming companies already operate in Valencia?
Perrin names Red Rake Gaming, Triple Cherry, Soft2Bet, BrainRocket and the team from Wagerfair as companies that already have activity in Valencia.
How do housing costs in Valencia compare with Madrid and Barcelona?
Perrin estimates average rents in Valencia are approximately one third lower than in Madrid and about half those in Barcelona, which he identifies as an incentive for relocating talent.
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About the author

Gonzalo Marín
Industry Deals Correspondent
Gonzalo Marín covers the corporate deal flow of gambling — operator strategy, M&A, regulated-market entries, and product launches. The reports open with the transaction, cite companies, valuations, and jurisdictions exactly as released, and keep the announcement apart from its actual effect. When a Latin American operator raises capital or a European brand lands in the region, Gonzalo Marín reports who signs, for how much, and on what terms.
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