Tag Archives: Spain

Stanleybet Group has announced that it will expand into the Spanish retail betting market, launching its initial operations in the autonomous province of Andalusia.  The heritage European gambling group has obtained a Spanish retail betting licence, and secured further Andalusian rights to open its first shop venue in the city of Malaga – expected to take place by the first …

Spain’s Ministry of Consumer Affairs has stressed the need for tougher monitoring of online gambling, having increased year-on-year ‘sector penalties’ handed to licensed operators.  The warning follows a sector update, which revealed that during the first half of 2022, the Ministry had issued “sanctions for serious infractions” on 53 operators, with fines totalling €84.3m. Of the 53 individual penalties, the …

Nueva Codere lauds its business transformation as its European and Latin American units continue to bounce back from the pandemic, as the group recorded “a strong recovery” in its Q3 results. The bounceback, Nueva Codere explained, was largely driven by the increase in footfall across its land-based gambling venues, which had previously remained closed due to the pandemic. The company, …

 Spain’s government has been urged not to implement changes to the Gambling Law of 2011, which will restrict the product and services of licensed online gambling operators. A letter by Jorge Hinojosa, President of Jdigital Spain’s online gambling trade association, warned that reforms allowed by the Senate pointed to Spanish gambling “entering a chronification due to restrictive regulations”. Last month, …

Spain‘s gambling market will undertake significant changes following the Senate’s approval to reform the Gambling Law of 2011.  On Wednesday, Senate members voted 146 in favour (vs 113 abstentions) to amend the gambling law to “improve controls on sports manipulations, betting fraud and expand protections for problem gamblers.”  The headline proposal will allow Spanish gambling regulator DGOJ to operate a …

Sports betting, casino and esports betting platform, Khelraja, has announced a deal with La Liga’s Sevilla FC in becoming the club’s official Asian iGaming partner. The Asian brand will hold its sponsorship rights until 30 June 2024, during which it looks to gain a bigger presence in Spain.  This will be leveraged by the club’s wide reach and popularity, for …

Spain’s Ministry of Finance is reported to want to amend a tax module to ensure the disclosure of gambling prizes/winnings under €300.  The planned amendment was disclosed via a proposal made open to the public, in which the Ministry detailed its intentions to ‘fix a deficiency’ in income declarations submitted to AEAT – Spain’s National Tax Agency. The Treasury seeks …

Stake.com has been announced as a principal partner of the European Cricket Championships, which will take place from 12 September to 14 October 2022 in Malaga, Spain.   Hosted by the European Cricket League (ECL), the European Cricket Championships  is recognised as the only professional Ten10 cricket tournament to be hosted outside of Britain.  The European Cricket League was launched in …

Nueva Codere has outlined that its restructured business is on course to surpass its  2019 pre-pandemic revenue and earnings results.  Publishing a Q2 trading update, Nueva Codere achieved corporate revenues of €317m, headline results which mirror an 8% increase on 2021 comparatives and 91% of revenues registered prior to the COVID-19 pandemic. A statement by management read: “An upward trend …

Jdigital – Spain’s online gambling trade association – has praised the decision of the Third Chamber of the Supreme Court to question the constitutionality of federal laws restricting the advertising of gambling across Spain’s autonomous communities.   Alongside Spanish media counterpart AMI, Jdigital submitted an appeal to the country’s Supreme Court demanding that blanket ban advertising restrictions be put forward for …