Tag Archives: Mariano Rajoy

Spain’s 2019 budget seeks to implement tough betting advertising code

Spanish news sources report that the upcoming 2019 budget will likely carry severe advertising restrictions for licensed gambling/betting incumbents, as the PSOE minority government seeks to revamp Spain’s advertising code. Last week, Prime Minister Pedro Sanchez (PSOE – Socialist Workers Party) struck a budget proposal deal with socialist Podemos party leader Pablo Iglesias. Branded as Spain’s ‘socially progressive budget’, PSOE …

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Spain follows through with tax break for burgeoning online gambling market

Spiffbet

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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Ladbrokes backing Catalonian independence should the polls open Sunday

In defiance of the increasingly stern orders from the Spanish government, the campaign for a Catalonian independence referendum continues to gather momentum. Located in the northeast of Spain with a population of 7.5 million and accounting for roughly 20% 0f Spain’s current GDP, the Catalonia province not only has its own language and culture, but it also has a longstanding …

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