Spain casinos hit €346.3m in Q2
Gross gaming revenue in Spain has risen 10.8 percent year-on-year in Q2 to €346.3m.
The GGR Q2 results in Spain fell by 1.2%. The Spanish gambling regulator, DGOJ, reported...
Spain imposes heavy fines on online betting platforms
Ten of the online betting companies were ordered to close after Spain’s gambling regulator, the DGOJ, fined them over eighty-one million euros in late 2023 for serious violations of rules.
The National Organization of the Spanish and European Disabled (ONDEE), which was accused by the ONCE charity of running a fake lottery and imitating ONCE in ticket sales, was hit with the biggest fine of thirty-five million euros along with a four-year shutdown. The DGOJ declared the fine to be “extraordinarily severe” and announced that the ONDEE website would soon be shut down.
The DGOJ started making these penalties public in 2021, and since then, 139 fines totaling €333 million have been issued. The head of the DGOJ, Mikel Arana, declared that these fines are necessary to keep the gambling market environment in Spain safe. He emphasized the need to penalize unregulated casino operators because, by providing avenues for evasion of the law, they may draw in young people and problem gamblers who are attempting to abstain from gambling.
Arana added that even once these illicit websites are taken down, many of them resurface under different identities, making the problem ongoing. He did, however, draw attention to Spain’s success in limiting illicit gambling, noting that less than three percent of all gambling is done illegally.
Share:
7777 gaming now available in Latin America with Sportium
7777 gaming is officially expanding into the Spanish, Colombian, and Mexican markets through an exclusive partnership with a global leader in sports betting and online...
