Tag Archives: Spain

The Supreme Court of Spain has ‘partially annulled’ certain articles of the Royal Decree on Advertising, the mandate which imposed federal restrictions on gambling advertising across Spanish media. The Royal Decree was the headline measure of former Minister of Consumer Affairs, Alberto Garzon, who in 2020 was appointed by Spain’s PSOE-coalition government to oversee the federal reform of Spanish gambling …

Spanish consumers must declare profits from online gambling winnings in 2023 self-assessment income tax returns. The directive comes from the Agencia Tributaria (AEAT), the Tax Agency of Spain’s Ministry of Finance, where Director General Soledad Fernández is increasing scrutiny on profits from online gambling, cryptocurrency transactions, property rentals, and foreign income. Before the 2023 income tax filing period, AEAT issued …

The board of Grupo Codere SA states that it is in “advanced negotiations” with existing bondholders to proceed with a “global recapitalization” of the Spanish and LatAm gambling group. Codere confirmed that it had recruited investment bank Houlihan Lokey and law firm Allen & Overy as advisers for its intended recapitalisation program aimed at improving its capital structure and fostering …

DGOJ, the Gambling Directorate of Spain, continues to strengthen the sports integrity provisions of the ‘SIGMA programme’ against match-fixing and sports manipulations. As announced this week, the DGOJ has launched a ‘notification portal on sports manipulations’ co-developed with SIGMA partner CONFAD – Spain’s network of pro-sports stakeholders combatting match-fixing and criminality in sports. The notification portal will serve as a …

An Interpol investigation has seen Spain’s National Police Force (Policía Nacional) arrest 53 individuals who were allegedly serving as “betting mules” for a criminal organisation involved in manipulating sports events. According to reports, the criminal network orchestrated match-fixing schemes in football, tennis, and table tennis in over 20 nations, including Romania, Bulgaria, Ukraine, Russia and Bolivia. The arrests followed an …

The Royal Spanish Tennis Federation (RFET) has joined the General Directorate of Gambling Regulation (DGOJ) as the latest partner of the Global Betting Market Research Service.  According to the Spanish tennis governing body, the added information sharing capabilities that the service offers will allow it to better safeguard the sport from suspicious activity. The partnership allows RFET and DGOJ to …

Spain’s General Directorate of Gambling Regulation (DGOJ) has welcomed the country’s Euskadi autonomous region (Basque Country) as a sports integrity partner against cases of match-fixing. Thanks to the agreement’s facilitation, the General Administration of the Autonomous Community of Euskadi can now access the Global Research Service that provides a comprehensive view over the betting market.  The Basque Government and its …

Spain’s General Directorate of Gambling Regulation (DGOJ) has added the Association of Spanish Footballers (AFE) to the Global Research Service for the monitoring of betting integrity.  By signing the agreement, AFE can now utilise in-depth data flows to submit information about instances of suspicious bets placed on various sporting events.  The DGOJ further clarified that the service is compliant under …

CIRSA will not pursue a public listing in 2024, as the investors of the heritage Spanish gambling group have reportedly “parked plans for an IPO”. Concluding 2023 trading, CIRSA announced that it had changed its legal identity to the new name ‘CIRSA Enterprises’, reflecting the firm’s business transformation since its majority acquisition by private equity giant Blackstone in 2018. The …

The Royal Spanish Football Federation (RFEF) has joined betting market global research service, SIGMA, as part of its fight against illegal sports betting. Through an agreement with the Directorate General for the Regulation of Gambling (DJOG) – dependent on the Ministry of Social Rights, Consumption and Agenda 2030 – the RFEF takes a further step in its work to both …