Stockholm-listed Kindred Group Plc has this morning confirmed that it will not pursue its licensing application for the regulated Spanish online gambling market. The European online gambling group details that it had begun its DGOJ licensing application process in December 2018. However, a strict deadline to adjust its platform provisions for Spanish market compliance requirements sees Kindred withdraw its application …
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Betfred has this morning confirmed that it will enter the regulated Spanish gambling market, having secured DGOJ licences to operate online B2C sportsbook and casino services. Entering 2019, the UK legacy betting group underlined its intentions to launch a Spanish online gambling business, seeking to diversify its market make-up and revenue channels. Confirming Betfred’s Spanish market developments, Group Chief Operating …
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The executive of Madrid Province has moved to install tougher restrictions on retail gambling premises, with a view to protecting ‘vulnerable groups’. Issuing its latest legislative update, the Madrid executive has sanctioned new demands on premises, enforcing mandatory customer ID checks and player registrations upon entering gambling establishments. The Madrid executive has stated that new ID protocols must be implemented …
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Spanish gambling regulatory authority – la Dirección General de Ordenación del Juego (DGOJ) has released its new civic awareness campaign, warning national stakeholders of preventing under-age-gambling and potential sports corruption. The DGOJ campaign has been launched in partnership with Spain’s federal police force and ‘Central Citizen Unit’. Titled ‘Con el Deporte no se juega’ – ‘We don’t play with sports’, …
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Spanish gambling executives have formed a new ‘advisory committee for responsible gambling’, with Spain having revamped its online gambling framework this year, and expanding its market to new incumbents in 2019. The ‘Consejo Asesor del Juego Responsible – CAJR’ advisory has been approved by Spanish gambling regulatory body DGOJ, and will act as the betting industry’s point of contact with Spain’s …
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Seeking to revamp Spain’s support structures for tackling addiction, Spain’s ‘Drug Support Council’ will introduce gambling harm to its upcoming ‘Action Plan on Addictions 2018-2020’ mandate. The Action Plan incorporates the recommendations of a number of Spanish national health stakeholders, regulatory policy advisors and industry standards associations. Amongst the stakeholders taking part in the development of the new plan, are …
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Spain’s Parliament has pushed forward with its 2018 fiscal budget, which will implement a significant 5% tax reduction on a number of online gambling/betting services. Spain cuts taxes on gross gambling revenues from 25% to 20% on a range of industry online verticals including sports and exchange betting, online casino games and horseracing. Despite the recent upheaval in Spanish politics, …
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Yggdrasil Gaming has continued its expansion strategy into new markets, with an announcement that a deal has been reached to offer its titles within Spain. Working in conjunction with existing partner GVC, Yggdrasil details that the firm is set to enter the regulated Spanish iGaming market later this year. GVC, whose strong presence within market of Spain is partly aligned …
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Spanish gambling insiders expect regulatory body la Dirección General de Ordenación del Juego (DGOJ), to re-open its tender process window for new market applicants for Spain’s regulated online gambling market. At present the DGOJ has made no formal announcement with regards to accepting new tenders, however, this September the regulatory body announced through its website a ‘draft call’ for potential …
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As further tier-1 operators emphasise regulated market growth, can the Spanish market deliver solid business conditions and long-term value for industry stakeholders? SBC speaks to Daniel Graetzer, executive director at Mediatech Solutions (R Franco Group) an industry technology supplier founded in Spain, on how the Spanish market is developing and becoming an attractive proposition to new players. ____________________________ SBC: Hi …
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