Spanish Gaming Regulator Cracks Down on Unlicensed Operators
Spain’s Directorate General for Gambling Regulation (DGOJ) has recently taken a firm stance against unlicensed online gambling operators, issuing substantial fines and bans. This move underscores the regulator’s commitment to protecting the Spanish gaming market and its consumers.
Millions in Fines Issued
The DGOJ imposed fines totaling $87.5 million on 14 operators found to be offering gambling services to Spanish players without the necessary licenses. These penalties, ranging from €5 to €10 million per operator, reflect the seriousness with which the DGOJ views these violations. Most companies received an initial fine for the illegal offering and a second for a more serious infraction.
Market Ban for Offenders
In addition to the financial penalties, the DGOJ has prohibited these 14 companies from participating in the Spanish iGaming market for the next two years. This ban sends a clear message that the regulator is dedicated to enforcing its regulations and safeguarding the interests of licensed operators and players alike.
Protecting Players is Priority
A representative of the DGOJ emphasized that these actions are part of ongoing efforts to protect the Spanish gambling market. The regulator is committed to a strict policy of regulation and enforcement, ensuring a safe and reliable gaming environment for Spanish customers. The DGOJ’s actions demonstrate that it will not hesitate to take necessary measures to protect players.
Record Year for Spanish iGaming
These enforcement actions come after a record-breaking year for the Spanish iGaming sector. 2024 saw significant growth in gross gaming revenue (GGR) for licensed operators, with a DGOJ report indicating a GGR of €1.45 billion. This positive trend highlights the importance of maintaining a regulated market to ensure fair competition and consumer protection.
Similar Trends in Other Spanish-Speaking Countries
Similar trends are emerging in other Spanish-speaking countries, such as Peru. The Peruvian government has been strengthening its oversight of the iGaming market, implementing new regulations and increasing penalties to monitor the industry more effectively.
Combating Money Laundering and Identity Theft
The increased scrutiny of the iGaming market is also aimed at combating money laundering and identity theft. These issues were key topics of discussion during a recent meeting between the DGOJ and stakeholders, including regulators, who also addressed the future of gambling in Spain.
Spanish players have also been warned about the potential for identity theft related to online gambling activities. The adoption of a recent PACS protocol was recommended to mitigate this risk.
Key Takeaways:
- The DGOJ fined 14 unlicensed operators a total of $87.5 million.
- The operators are banned from the Spanish market for two years.
- The DGOJ is committed to protecting players and the regulated market.
- Spain’s iGaming sector experienced record growth in 2024.
- Similar regulatory trends are emerging in other Spanish-speaking countries.
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