Tag Archives: Spain

Jdigital – Spanish Ombudsman holds a ‘misinformed agenda’ on gambling

Mikel López de Torre, President of Spanish online gambling trade body, Jdigital has issued a response to ‘Civic Ombudsman’, Francisco Fernández Marugán, who this week urged the new Spanish government to implement ‘a complete ban on gambling advertising’. Issuing a personal statement, López de Torre details that Fernández Marugán is deeply misinformed in his knowledge of existing Spanish gambling laws …

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Spain’s Ombudsman calls for complete ban on gambling advertisements

Spiffbet

Spain’s acting ‘Civic Ombudsman’, Francisco Fernández Marugán, has urged the Spanish government to issue a complete ban on advertising gambling products and services which would extend to the media, radio, television and internet. The proposed ban, which specifically excludes the state-run lottery operators Loterias and ONCE, comes as a ‘soon to be formed’ Spanish coalition government is expected to implement new …

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Ross Haselhurst, Bede Gaming: Rising above the noise in fast-growing Spanish market

Bede - Copyright: mironovak / 123RF Stock Photo

Having received full licensing from the Spanish gambling regulator (DGOJ), Bede Gaming kick-started 2019 with a concerted expansion in the country. We caught up with Ross Haselhurst, Commercial Director at Bede Gaming, to discuss why Spain is “well primed” to provide players with a richer gaming experience, positioning Bede as the “safest place to play”, and strengthening its market presence …

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Playtech to power RETAbet casino drive

Playtech Plc has become lead online casino platform and live table games supplier for Spanish online bookmaker RETAbet (Retabet.es). RETAbet is the online sportsbook property of Basque country gambling group Euskal Kirol Apostuak SA, which has sanctioned Playtech to boost RETAbet’s online casino capacity. The partnership sees Playtech provide RETAbet with a tailored casino suite featuring the technology firm’s high-performance gaming …

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Madrid enforces tougher retail operating framework

The executive of Madrid Province has moved to install tougher restrictions on retail gambling premises, with a view to protecting ‘vulnerable groups’. Issuing its latest legislative update, the Madrid executive has sanctioned new demands on premises, enforcing mandatory customer ID checks and player registrations upon entering gambling establishments. The Madrid executive has stated that new ID protocols must be implemented …

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CIRSA completes €390 million bond placement eyeing future investments

Spanish gambling firm Grupo CIRSA has confirmed that it has secured a €390 million bond placement with private investors. Issuing a market filing, CIRSA majority owned by US private equity firm Blackstone, confirms that 120 institutional investors have backed its bond arrangement, which maintains a 4.75% annual interest rate, with debt maturity triggered in 2025. In its update, CIRSA governance …

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Spanish regional broadcasters terminate betting advertising

Basque country public broadcaster Euskal Irrati Telebista (EITB) has confirmed that it will no longer broadcast gambling-related advertising across its TV, Radio and digital platforms. The board of EITB issued a statement detailing that its actions were a ‘necessary enforcement’ as a regional broadcaster ‘protecting and safeguarding the right of the most vulnerable against the serious problems of addiction that …

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No way back! Spain heads for an inevitable gambling reform

Regardless of the outcome of Spain’s General Election this Saturday 28 April, the ensuing government in whatever shape or form will be tasked with reforming the nation’s advertising and gambling codes. The week of Good Friday, Spanish news sources reported that the minority PSOE government had agreed to Podemos party demands on restricting gambling services and betting advertising. Campaigning in …

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Codere reforms organisation to drive ‘global efficiencies’

The governance of Bolsa Madrid-listed Grupo Codere SA has allowed the firm’s executive team to carry out a series of organisational reforms, designed to improve and simplify Codere’s globalised day-to-day operating structures. In its update, the executive of embattled Codere, details that organisational reforms are needed to simplify the firm’s regional units, enhance commercial capacities, whilst improving corporate operating margins …

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Podemos sounds Spanish warning signal for betting leadership

Industry leadership will be monitoring the results of the Spanish General Election on Saturday 28 April closely, which could lead to severe ramifications for betting incumbents. Last February, the Spanish Parliament rejected Prime Minister Pedro Sanchez’s PSOE minority government budget, forcing the PM to call for a snap election – Spain’s third in the past four years. Spanish media indicates …

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