While Greek football fans may have their attention focused on Brazil and the national team’s performance, closer to home three of the country’s biggest media brands have been making plans for the upcoming domestic season. A massive multi-media partnership between satellite TV broadcaster Novasports,gr, radio owner NOVASport-FM 94,6, sports newspaper SportDay and social betting platform provider Oddslife will see sports …
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Sports betting aids improved Q1 2014 for Spanish igaming sector
The latest industry figures published by Spain regulatory body – Direccion General de Ordenacion del Juego (DGOJ), have demonstrated that the Spanish igaming market grew 10% year on year, as the sector enjoyed a strong opening quarter to 2014. Total gross gaming revenues for Q1 (figures reported from January 1- 31 March 2014) reached €66.9 million (£56.8 million), up 12% …
Read More »Spain’s DGOJ to allow online slots & betting exchanges
Spanish gambling regulator Dirección General de Ordenación del Juego (DGOJ), are set to add new amendments to the current Spanish online gambling bill which will see online slots and sports betting exchanges allowed to be serviced by licensed online gambling operators. The DGOJ are finalising amendments to current Spanish online gambling regulations, which may see the integration of slots and betting …
Read More »Strong quarter for Ladbrokes
One of the UK’s oldest and largest retail bookmakers has warned of potential shop closures and job losses in 2015, because of regulatory uncertainty and a 5% hike in Machine Games Duty (MGD). Speaking as Ladbrokes released its Q1 Interim Management Statement, Chief Executive Richard Glynn, said: “The unexpected recent tax increases and ongoing uncertainty surrounding regulation are unwelcome. We …
Read More »Spain to allow gambling TV advertising
The Spanish gambling regulatory body is set to establish new provisions and laws that will allow the promotion and coverage of igaming verticals to be broadcast on Spanish national television. Although online gambling is permitted, through granted national license the Spanish Government and Advertising Standards do not permit the broadcasting of television adverts promoting igaming verticals. The new incentives to …
Read More »MARCA and Oddslife launch social sports game EL GURU
Spanish media giant MARCA, famous for its daily coverage of Real Madrid, has entered the social gaming arena thanks to a partnership with social betting technology supplier Oddslife Ltd. Using the Oddslife platform, MARCA has launched ‘MARCA EL GURU’ – a customised social sportsbook platform that allows users to engage and compete with each other using their knowledge of sports. …
Read More »Spain’s Groupo Codere Enter Debt Talks
Spanish Gaming Group – Codere, has issued a corporate statement declaring that the group would not make its debt interest payment due on Jan. 15 2015 on a several bond issues. Codere added that it was continuing debt restructuring negotiations with creditors to help the company maintain operations. According to news source Bloomberg, Codere have been granted an extended loan …
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