Pragmatic Play has announced the roll-out of its new sportsbook product through a partnership with DAZN BET in Spain. In detail, the launch will see the operator deliver a full-service igaming solution, sports betting, as well as slots, live casino and virtual sports. Simon Gatenby, CMO at DAZN BET, said: “Pragmatic Play has a reputation for technical and creative excellence, …
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DGOJ penalty list highlights black market exposure of Spanish gambling
Spain’s Ministry of Consumer Affairs has reported that fines totalling €71m have been imposed on online gambling businesses during the first half of 2023. The Ministry, which oversees federal governance of Spanish gambling, stated that these penalties were imposed on 30 online gambling firms, in which the most ‘serious infractions’ of unlicensed gambling were fined ‘€5m each and suspended for …
Read More »Spain opens €1.3m grant scheme for research on gambling disorders
Spanish authorities have vowed to deepen academic research to bolster the treatment, intervention and prevention of gambling disorders. Yesterday, DGOJ – Spain’s General Directorate of Gambling – announced that 26 projects will receive research grants in the field of ‘gambling disorder prevention’. The initiative is led by Spain’s Ministry of Consumer Affairs, which has reserved €1.3m funding for academic studies …
Read More »Spain’s gambling prevalence study raises questions on effective protections
Spain’s Ministry of Consumer Affairs has published the findings of its “Prevalence Study of Gambling on the General Public of Spain”. The study was presented to public health and welfare stakeholders who form part of the Responsible Gambling Advisory Council. The council is charged with developing safer gambling policies to protect Spanish consumers from gambling harms. Research was conducted using …
Read More »Codere recruits Agustin Gonzalez to lead digitisation projects
Grupo Codere continues its senior management reorganisation by appointing Agustin Gonzalez as new Director of Technology and Digitalisation of the Spanish and LatAm gambling group. Working directly with new Chief Executive Gonzaga Higuero, Gonzalez will spearhead the omni-channel digitisation projects for Codere across all core markets. Branded a ‘seasoned tech strategist and transformation expert’, Gonzalez joins Codere’s executive team having …
Read More »DGOJ launches Decree Consultation on deposit limits
The Spanish government continues to advance its plans to impose stricter compliance enforcements and safer gambling measures on the gambling sector. The DGOJ, the General Directorate of Spanish Gambling, has launched its second public consultation on the desired reforms outlined by the “Royal Decree on Responsible Gaming Environments”. The consultation, open until 16 October, requires feedback on applying gaming deposit …
Read More »Codere books €164m loss in horror show Q2
Grupo Codere SA cites that its business has been negatively impacted by the “temporary closures by public authorities due to alleged noncompliance with certain regulations in both Mexico and Argentina”. Publishing its Q2 trading update, the Spanish and Latin America-focused gambling group booked a net loss of €164m due to ‘impairment provisions’ needed to consolidate its performance in Mexico and …
Read More »Jdigital: Spanish reforms cannot move forward amid political deadlock
Jdigital observes a political deadlock in Spain following the unsettled outcome of last weekend’s snap general election, which at present sees no party being able to form a government. A conclusive outcome was required from Sunday night’s polling to find out which government will lead the next phase of Spanish gambling federal reforms. “We, like the rest of the country, …
Read More »CIRSA triggers €650m debt sale as Blackstone reviews Spanish options
Grupo CIRSA is set to refinance its business, by issuing a bond sale of new senior secured notes in the Blackstone-owned Spanish heritage gambling group. Last week, CIRSA notified markets that it was aiming to raise a target of €650m in funding through its new bond placement. The new debt will consist of fixed rate and floating-rate bonds set to …
Read More »DGOJ launches consultation for toughest surveillance of Spanish gambling
DGOJ, Spain’s Directorate General of Gaming, has launched a public consultation on “data requirements needed to update its regulatory framework”. The consultation, which will run until 7 September, seeks feedback from industry stakeholders and the public on the DGOJ’s objective to overhaul the data provided to its ‘information monitoring system’ for Spanish Gambling The Directorate’s proposal includes modifications to existing …
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