Lucía Mouriño, Editor of SBC Noticias, provides an on-the-ground perspective of Uruguay’s ambitions and domestic hurdles to legislate and formalise an online gambling marketplace. The Finance Commission of the Chamber of Senators of Uruguay has approved an online gambling policy project recently unveiled by the Executive branch. A bill that seeks to launch an online gambling marketplace has now …
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The break-up of Grupo Codere SA has begun, as debt-holders of the former Bolsa Madrid gambling group are reported to have contacted PE funds and interested parties with a view to selling the firm’s Argentine unit. Sources close to bondholders disclosed to El Pais that Codere’s break-up would begin with a planned sell-off of its Argentine bingo and arcade business. …
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Gambling companies will no longer be permitted to appear as front-of-shirt sponsors for La Liga clubs next season, according to a report in El Pais. Spanish Minister of Consumer Affairs Alberto Garzón has proposed a series of new draconian measures which will toughen up regulations on betting companies, including restrictions to sponsorship agreements and advertising exposure. Currently, eight clubs in …
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Spanish gambling incumbents have been put on alert, after Alberto Garzón – Spain’s new Consumer Affairs Minister -confirmed that he will announce new industry measures ‘within two to three weeks’. Garzón made his statement on Spanish broadcaster La Sexta’s weekend current affairs programme ‘El Objetivo’ underlining that new federal measures were needed to protect Spanish communities from ‘the extremes of gambling’. Since the …
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An investigation has found up to seven players and a criminal gang guilty of match fixing during a game between Valladolid and Valencia, with a number of matches investigated during the 2016-2017 and 2017-2018 seasons. The match between two-goal win over Valladolid landed Valencia a spot in the Champions League for the next season. However, both goals in the tie …
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Regardless of the outcome of Spain’s General Election this Saturday 28 April, the ensuing government in whatever shape or form will be tasked with reforming the nation’s advertising and gambling codes. The week of Good Friday, Spanish news sources reported that the minority PSOE government had agreed to Podemos party demands on restricting gambling services and betting advertising. Campaigning in …
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Almost a year ago, the Government of Gibraltar issued a statement following the Brexit vote in which it said that it had been working closely with the remote gambling industry in Gibraltar following that vote and had assured them of its support and vision for the sector in the short, medium and long term. It went on to confirm that …
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