Today’s News

The Spanish media would lose 133 million euros in case of an advertising ban

The Spanish media would lose 133 million euros in case of an advertising ban


Bet365, 888Sport.es, Betfair, William Hill, Paf, Interwetten, Sportium, Bwin y Wanabet. Nombres habituales para quienes siguen las retransmisiones de los partidos de fútbol tanto en prensa digital, radio o televisión. Nombres que son familiares para espectadores y oyentes aunque no hayan jugado un euro en su vida. La culpa de esta saturación publicitaria la tienen los 133 millones de euros anuales que el juego destina a promocionarse.

Empresas que además pagan patrocinios a periodistas deportivos y que concentran casi la mitad de la publicidad que se emite en programas deportivos de radio como Tiempo de Juego de Cope o Carrusel Deportivo de Cadena Ser, según un informe del Consejo Audiovisual de Cataluña que además advierte que “los mensajes de estas casas de apuestas pueden aparecen incluso intercalados con los comentarios del partido como “consejos” de los locutores”.

Read the Full Article Here Elespanol

Tempobet renews away games ad deal with Real Madrid and Barcelona – Gaming Intelligence

Tempobet renews away games ad deal with Real Madrid and Barcelona – Gaming Intelligence

Online betting and gaming operator Tempobet has renewed its agreement with Spanish football giants Real Madrid and Barcelona to advertise at both clubs’ away league fixtures throughout the 2018/19 La Liga season.

The six-figure agreement will see the operator’s logo feature on pitch-side LED boards in television broadcasts throughout Latin America and Europe, excluding Spain.

Read the Full Article Here – Gaming Intelligence

Betsson launches loyalty programme in Spain | EGR Intel 

Betsson launches loyalty programme in Spain | EGR Intel 

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Betsson.es users can collect points on both casino and sportsbook and exchange them for bonuses.

Betsson’s Spanish brand has launched a new loyalty programme that enables users to accumulate points that can be exchanged for bonuses. Betsson Points, which translates to ‘programa de puntos’ on its Betsson.es domain, can be collected via both its casino and sportsbook products.

Read the Full Article Here – EGR Intel 

DGOJ and other EU Regulators Statement: Declaration of gambling regulators on their concerns related to the blurring of lines between gambling and gaming

DGOJ and other EU Regulators Statement: Declaration of gambling regulators on their concerns related to the blurring of lines between gambling and gaming

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Global gambling regulators have teamed up to voice their concerns about skins gambling and loot boxes in video games.

Fifteen gambling regulators from across Europe, as well as Washington State Gambling Commission, have signed an agreement to work together to address the risks created by the blurring of lines between gaming and gambling.

Read the Full Article Here – Gambling Commision

DGOJ receives the IMGL Award in Prague

DGOJ receives the IMGL Award in Prague

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The Directorate General for the Regulation of Gambling, recognized as ‘Regulator of the European game of 2018’ by the IMGL association .

  • The award is a recognition of the activity of the Directorate General for the Regulation of Gambling

The IMGL (International Masters of Gaming Law) association has recognized the Directorate General of Gaming Regulation of the Ministry of Finance, in the person of its General Director, Juan Espinosa, as “European Game Controller of the year 2018”.

Read the Full Article Here – Jugarbien

Ceuta will require staff to be located for tax reduction to apply -Ceuta exigirá al online que traslade al personal para lograr la rebaja fiscal

Ceuta will require staff to be located for tax reduction to apply -Ceuta exigirá al online que traslade al personal para lograr la rebaja fiscal

The Government of Ceuta will demand that gambling companies transfer at least half of their staff to the autonomous city if they wish to benefit from the significant 50 percent tax reduction that has already come into effect for online gambling in this Spanish territory.

This has been reiterated by sources of the executive Ceuta consulted by the agency Europa Press, which have stressed that the approach is to require that “at least 50 percent of the company’s staff in Spain is based in the autonomous city” and that said personnel “account for at least half of the personnel costs in the country”

Read the Full Article Here – Gaming Intelligence in Spanish

Spanish sports betting revenues up 47% in Q2

Spanish sports betting revenues up 47% in Q2

55% rise in marketing spend fuels double-digit rises in all egaming verticals.

Spanish sports betting revenues rose by 46.7% year-on-year during the second quarter of 2018, according to new figures from the Dirección General de Ordenación del Juego (DGOJ). Sports betting revenues rose to €87.6m during the period, with pre-match betting rising by 32.7% during the quarter, rises which the regulator attributed to the FIFA World Cup…

Read the Full Article Here – EGR Compliance

Gaming in Spain Newsletter – Reduction in remote gaming duty brings new opportunities, experts say …and more!

Gaming in Spain Newsletter – Reduction in remote gaming duty brings new opportunities, experts say …and more!

Welcome to the very first Gaming in Spain monthly newsletter. Our goal is to keep you updated on the latest developments in the Spanish gaming sector, with a particular focus on the rapidly maturing online market.

We hope you find our newsletter useful. If you have any questions or would simply like to get in touch, please email me at willem@vanoort.com.

 

Reduction in remote gaming duty brings new opportunities, experts say

In late June, the Spanish parliament adopted the government’s budget bill for 2018, which came into force on July 1. One of the bill’s provisions was the reduction of the most common remote gaming tax rate from 25% to 20% of GGR.

The rates for pool betting, exchange betting, raffles, and contests, which were calculated on different bases, are now harmonized with the main gaming duty of 20% of GGR. The tax rate for state-organized sports pool betting will remain at 22% of the total amount wagered.

For businesses “fiscally and factually based” in the enclaves of Ceuta and Melilla, the main remote gaming duty of 20% will be slashed by a further 50% to a mere 10% of GGR.

The bill explicitly stated that the change in gaming duty was made to convince unlicensed operators to “carry out their activities in the legal market.”

At present, over 30% of online casino wagers are being made with operators that are not licensed to operate in the Spanish market. From a player channelization perspective, the situation is even less favorable in the bingo vertical: almost 50% all Spanish online bingo revenue is currently being generated by unlicensed operators, figures compiled by H2 Gambling Capital show.

Unsurprisingly, industry insiders reacted favorably to the gaming tax rate reduction.

For instance, Owen Tustin, VP Gaming, Relationship Management at emerchantpay, believes that firms facing increased taxation or regulatory pressure should consider expanding into new international markets, including Spain:

“Operators looking to target a new market with huge potential for growth could do a lot worse than consider Spain. […] Recent figures showed 14.5% year-on-year growth in sports betting, and a staggering 51% increase in casino and 42% growth in poker. The launch of a shared liquidity network with France will surely see the poker vertical grow further still.”

Regulus Partners, a London-based consultancy firm focused on international gambling, considers the tax rate reduction a rare opportunity that is not to be squandered:

“The change will save operators c. €30m pa, which is not insignificant in a small crowded market dominated by a few large operators. If this windfall is recycled into better product, high-return marketing, innovation and harm minimisation then both the market and the government’s tax yield will sustainably grow – giving the remote sector a much-needed   positive model to point to.

If on the other hand the tax cut is split between more aggressive advertising and higher offshore profit margins, then the government is likely to revisit both the rate and the regulatory framework. The Spanish government has given its remote gambling sector a clear short-term positive; it is up to the sector to learn lessons from elsewhere and turn it into a long-term success story.”

 

The Spanish online market – a brief overview

Currently, 42 licensed operators are active in the Spanish online market, 40 of which offer casino games, 28 offer sports betting, and 8 offer poker.

GGR was €163m in Q1 2018, up 34% compared to the same period in the previous year.

Despite this impressive growth rate, further gains are expected, as the Spanish gambling market has not yet made good its losses suffered in the wake of the recent financial crisis. At present, combined online and land-based revenues are still 24% lower than ten years ago, according to Alejandro Landaluce, director of Cejuego.

The Spanish online sector appears to be particularly well-positioned to take advantage of the remaining market slack. Total e-commerce turnover in Spain increased by an impressive 28.1% year-on-year in Q4 2017, with gaming and betting taking up the top spot in number of transactions.

 

Spanish government considering revision of online sports betting regulation

Earlier this month, Minister of Culture and Sports José Guirao said that the government is considering a revision of online sports betting regulation.

The strong growth, in recent years, of online betting has increased concerns over problem gambling. Additionally, competition from online operators is seen as a major contributory factor in the decline of the performance of state-owned betting pools (quinelas), causing shortfalls in the funding of Spanish sports.

Spanish sports federation ADESP, through its president José Hidalgo, is therefore proposing that licensed betting online operators should help fund Spanish sports, for instance through a 1% duty on online betting turnover.

 

Spanish State Lotteries (SELAE) to “progressively abandon” paper tickets

President of the Sociedad Estatal Loterías y Apuestas del Estado (SELAE) Inmaculada García Martínez revealed that the state-owned operator intends to progressively abandon the sale of paper lottery tickets in favor of online play.

SELAE’s new app “LoteríasPRO,” based on a “mixture of tradition and innovation,” is an important step in that direction, said García Martínez

“This app represents the next step in the natural evolution of the way we interact with our customers; and offers added value by allowing them to participate in the draw from their mobile phones.”

 

Canadian investment group now looking to Andalusia to build “Eurovegas”

The Canadian investment group TripleFive has abandoned plans to build a gaming and leisure complex in the Extremadura and is now eyeing locations in the vicinity of Malaga and Cádiz instead.

“The business has to be profitable, something that is not possible in Castilblanco. It was not the right place,” said Paul Watson, head of TripleFive Europe, adding that he was hoping to invest as much as €3.4bn in the project.

 

Other News

Spanish regulator DGOJ is expected to finalize its draft legislation concerning gambling advertising later this year.

 

Internal squabbling at gaming operator Codere resulted in it pulling funding for its non-profit Codere Foundation.

 

Trade association JDigital condemned the looming ban on sports betting advertising in Italy.

 

Yggdrasil Gaming’s content and platform have been certified to launch in Spain.

 

Winamax has become the third operator to launch a combined French-Spanish online poker network.

 

Marathonbet signed a multi-year contract to become the new main sponsor of La Liga side Girona FC.

 

888poker has announced the signing of Spanish-born Ana Marquez to help grow the operator’s segregated online poker room in Spain.

 

Wanabet has added Draw Poker to its online game offering.

 

CalvinAyre offers a two-part video recap (1, 2) of the World Executive Gaming Summit, which took place earlier this month in Barcelona.

 

Barcelona footballer Gerard Piqué has closed down his social video game business that operated under the name Kerad Games.