Tag Archives: Spain

Spanish operators commit to ‘code-of-conduct’ regardless of coalition judgement

The DGOJ’s joint committee on gambling standards has reminded online incumbents of their duties and commitments to obey the requirements established by Spain’s new ‘code-of-conduct’ on gambling advertising, which is set to be enforced from 15 January. Despite facing wholesale inbound changes to Spain’s federal gambling laws, online gambling firms will commit to operating under a new code-of-conduct on marketing/advertising …

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Martin Lycka: Gamblng advertising – Here be monsters!

In the latest of a series of columns on international gambling legislation, GVC Holdings Director of Regulatory Affairs Martin Lycka dips into the rich history of Greek mythology to put the industry’s challenges this year into some sort of context. A spectre is haunting gambling Europe – the spectre of a ban on gambling related advertising. It came from Italy …

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Inbound Spanish Coalition appoints Alberto Garzon as gambling supervisor

Despite failing to secure a parliamentary majority, the agreed ‘socialist coalition’ of PSOE and Podemos (minority partner) have confirmed that Alberto Garzon Espinosa will be appointed as Minister of Consumer Affairs to oversee Spain’s gambling regulatory development. On Sunday, Spain’s parliamentary vote saw PSOE leader Pedro Sanchez fail once more in his attempt to secure a governing majority despite Catalan …

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Spanish coalition pact outlines gambling reform as a ‘concrete directive’

Spanish news sources report that gambling incumbents are set to be hit with further restrictions and reforms as the PSOE minority government agrees to a ‘governing pact’, forming a socialist coalition with minority partner Podemos. This weekend, Prime Minister Pedro Sanchez (PSOE) negotiated coalition terms with Podemos counterpart Pablo Iglesias, seeking to break through a political impasse which saw Spain …

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LatAm foul play adds €15m losses to Codere 2019 accounts

Commissioned by Codere SA governance, ‘Big 4’ accountancy EY has confirmed a total impact of €15 million losses attributed as ‘intentional LatAm inconsistencies’ which will be accounted for in the Bolsa Madrid gambling group’s full-year 2019 results. October trading saw Codere declare to Spain’s CNMV markets authority that year-to-date accounts had been overstated by a reported €13-20 million attached to …

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Insider Sport: On The Ball – Oikos probe asks tough questions on Spanish football integrity

From sponsorship to the ever-expanding world of football media coverage, when it comes to the business of football, InsiderSport has you covered. This week’s OTB reports on integrity allegations, club acquisitions and the possible reintroduction of safe standing areas in English football stadiums. Spanish match-fixing allegations lead to nine arrests. A total of nine people were arrested after corruption allegations …

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Wanabet Spain orders Kiron Interactive’s full VS service

Kiron Interactive, a specialist provider of virtual games has confirmed that it will enter the regulated Spanish online gambling marketplace, securing a partnership with R.Franco’s flagship digital property Wanabet. Updating the media, Kiron informs that its ‘BetMan RGS’ platform will be integrated within Wanabet’s sportsbook offering, deploying its full inventory of VS content including football,  horseracing and greyhound content, as well …

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Gaming in Spain: Responsible gaming carries costs, but technology is constantly improving

Delivering the keynote speech at last week’s Gaming in Spain conference, Director General of the Dirección General de Ordenación del Juego (DGOJ) Juan García Espinosa underlined that incumbents must ensure that responsible gambling measures are upheld.  Espinosa pointed out that since the market opened up in 2013, with the DGOJ issuing its first online licenses, there has been a successful …

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DGOJ reduces red-tape for Spanish tech incumbents

The DGOJ, Spain’s regulatory authority for gambling, has streamlined its approval procedures for technical and operational changes to reduce administrative burdens placed on regulated market incumbents’ tech and product development. Updating the market, the DGOJ confirms that it has reorganised its ‘approval procedure’ attached to the modifications of games, platforms and data centres, which will no longer require authorisation by …

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Codere reviews ‘corporate structure’ following damaging LatAm investigation

Bolsa Madrid gambling group Codere SA has sanctioned a review of its ‘operating structure’, following an independent investigation of auditing discrepancies found within its LatAm subsidiaries. This October, an embattled Codere governance was forced to declare to Spain’s CNMV markets authority that year-to-date accounts had ‘overstated earnings’ by €13-20 million attached to the firm’s LatAm business unit. Facing investor backlash, …

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