Tag Archives: Spain

Spain to enforce four-hour gambling advertising window

Spain’s Consumer Affairs Ministry has recommended that gambling-related content be limited to a ‘four-hour advertising period’ implemented federally from 1-5 am across all Spanish communities. The Ministry’s strict advertising window follows a meeting with the leaders of Spanish gambling trade associations CeJuego (retail) and Jdigital (online gambling). The ‘after-hours’ restriction will be initially implemented across TV and radio formats, forming the …

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Fabio Schiavolin – Snaitech: Gambling needs deeper skillset to navigate new decade of complexities

Speaking to SBC, Fabio Schiavolin, Chief Executive of Snaitech, has emphasised that entering a new decade, European sector incumbents will have to develop deeper skillsets as the ‘industry’s credibility remains in play’. Accustomed to leading Snaitech through Italy’s many political disruptions, last year at ICE 2019 Schiavolin warned European leadership counterparts that betting had to find its ‘public rationale’ in order to …

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Sportium upgrades entire security infrastructure with Dell EMC

Sportium, the flagship bookmaker property of Spanish gambling conglomerate Grupo CIRSA, has completed a network securities upgrade led by multinational IT infrastructure and engineering group Dell EMC. The project saw Sportium revamp its entire IT securities infrastructure operating across its network of 3,000 retail betting points servicing +8,000 wagering terminals. Sportium’s systems upgrade was led by Dell EMC’s technology security …

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Garzón warns Spanish gambling that sweeping changes are imminent

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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Spanish consumer watchdog instructs coalition to replicate ‘UK credit ban’

Spanish independent consumer watchdog FACUA ‘Consumidores en Acción’ (‘consumers in action’) has advised Podemos deputy Alberto Garzon to implement a ban on credit card wagering across all gambling verticals. Garzon is set to serve as Spain’s Minister of Consumer Affairs within the newly established PSOE-Podemos left-wing coalition government. Seeking closer scrutiny of Spain’s regulated gambling marketplace, PSOE-Podemos has transferred full …

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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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