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Spain the focus for Altenar s Coffee Break series return
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Dima Reiderman: Maintaining momentum in Spain s disrupted igaming landscape
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New more stringent regulation in Spain take effect next month to reduce gambling addiction.
New regulations are coming into Spain next month, as Spain s gambling regulator along with the Ministry of Consumer Affairs cracks down on the traditional mainstays for customer acquisition and brand recognition.
Blanket Bans Official
New total bans on team sponsorships and incentives for new players will force all operators in Spain to come up with new ways to attract users with operators already queasy from 2020 figures indicating sequential decreases in active participants 29.4% in Q2 2020, and 25.3% year-on-year.
Trade Association Concerns
European Gaming and Betting Association (EGBA) claimed the sponsorship ban will negatively impact 41 of the 42 teams that make up La Liga, with clubs already strapped after losing up to €80 million in ad revenue from the Covid closures.
What U S Regulators can Learn from Spain s New Gambling Law
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House raffles grew by 500% across Europe in 2020 / Isla MacFarlane
The number of house raffles listed across Europe grew by 500% in 2020, compared to the year before, with prizes collectively worth more than €20 million, according to data collected by technology company Sesortea, a Spanish raffle platform. Sesortea also notes that more than 15 new house raffle companies launched last year, and anticipates draws totalling at least €80 million in 2021.
“We have seen an explosion of interest in house raffles across Europe and expect 2021 will be even more active, helped in part by the way Covid-19 has forced the real estate sector to accelerate adoption of digital platforms, bringing with it the emergence of alternative ways to access housing,” said Manuel Gonzalvez, CEO of Sesortea, “From our perspective, the emergence of new competitors is positive news, as it helps to establish the sector, to raise standards and to arouse the interest of real estate investors