Mondobets establishes first Ceuta gambling HQ

Mondobets has become the first online gambling incumbent to establish an operating presence in the autonomous Spanish city of Ceuta

The move comes after the North Africa based jurisdiction opened its doors to the world of online betting in 2018, offering industry stakeholders tax and operational incentives with the aim of competing against Gibraltar, the British overseas territory adjusting to UK Brexit realities. 

Mondobets is reported to be the first operator to officially open a Ceuta operational HQ, opening its office on the Paseo de las Palmeras,  with Juan Jesús Vivas, the president of the autonomous city in attendance. 

Joining Mondobets, UK bookmaker Betfred this week confirmed that it would open a Ceuta operational hub supporting its Spanish market ambitions.

Juan Goñi, Chief Executive Officer of Mondobets, stated: “Many organisations have already settled here and more are going to arrive. This is an opportunity which can’t be missed by either Ceuta or other operators.” 

President Rivas said that the main objective when opening Ceuta’s doors to the online gaming world was an attempt to create further employment opportunities within the city. 

The President stated he was satisfied to be able to “open new horizons of economic activity within the city.” He added: “We are encouraged to say that this has just begun and that there will be more employment opportunities for the people of Ceuta.”

Regarding Mondobets, the company obtained its first licence earlier this year in May, and currently has a staff of six employees contracted in the city. Within the next six months the company is hoping to double the size of their team.

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