Spanish Online Gambling Sector Hit with Massive Fines in 2024

The online gambling sector in Spain faced significant penalties in 2024, with the Ministry overseen by Pablo Bustinduy imposing substantial fines totaling €142,721,000 on various companies within the industry. This information, recently disclosed, breaks down the sanctions into €65.3 million for the first half of the year and €77.4 million for the second half.

Millions in Fines for Unlicensed Foreign Companies

During the latter half of the year, the General Directorate of Gambling Regulation (DGOJ) penalized 14 foreign operators for operating in the Spanish market without the necessary license. This is considered a very serious offense under the Gambling Regulation Law (LRJ).

The fines ranged from €5 million to €10 million, with a repeat offender receiving the maximum penalty of €10 million.

In addition to the financial penalties, these sanctions included a two-year ban on these companies and the blocking of their websites from operating in the country.

Foreign Companies Sanctioned:

• Wot NV
• Magicwin Games Tech LTD
• Winbet NV
• Spicyjactpos Games Tech LTS
• Lama Tech Limitada
• Chestoption Sociedad de Responsabilidad Limitada
• Pennytech Holding BV
• Group Gaem BV
• Mibs NV
• FGS Software Solutions S.R.L
• Investan NV
• Tinietech Holding B.V
• Adonio N.V
• Techsolutions Group N.V

Licensed Operators Also Face Penalties

Concurrently, the DGOJ issued fines amounting to €2,396,000 to 12 companies that do hold licenses in Spain but violated specific industry regulations. These violations were classified as serious.

Licensed Companies Sanctioned:

• Millonapp SL
• Casumo Spain PLC
• Bingosoft PLC
• Wagerfair SA
• Media 24, Juegos de Azar y Servicios S.L
• Conespa Solutions
• TSG Interactive PLC
• WHG Spain PLC
• Fpoocl S.A
• 888 Online Games España SA