Spain to Include New Restrictions on Online Betting Welcome Promos

1101
February 22nd, 2020
Back Spain to Include New Restrictions on Online Betting Welcome Promos

Authorities of Spain have found another way to limit gambling operators from offering welcome bonuses. At the same time, gamblers with problematic behavior have innovative methods to block themselves from getting cash for gambling purposes.

More on Restrictions

Spain’s Minister of Consumer Affairs, Alberto Garzón, has just announced new methods for limiting gambling operators from offering exclusive promotional offers and “economic bonuses”. The government looks to prevent operators from acquiring new users and keeping the present customers by putting the limit on £100 per welcome bonus offer.

According to Garzon’s words, “commercial strategy of offering incentives to customers had proven to be controversial because in addition to expanding the number of users and amounts played also attracts minors and people with health problems who need to stop gambling.”

The new limitations come as part of the Royal Decree Project, a set of new rules related to the marketing interaction of online gambling providers. Additionally, the government has already disclosed the elements of the Decree, accentuating restrictions on online gambling advertising to a four-hour framework beginning at 1 am.

Response to the Government

The Spanish online betting lobby squad called Jdigital has already issued a response to Garzon's claims. The supporters of the group had already introduced a new elective advertising code, limiting welcome bonus deals to a maximum of £200. It is additionally required that advertisements show up outside kid-friendly emission hours.

The government, however, rolled out another program directed to prevent problem gamblers from acquiring alternative online means to fund their betting activity. The program is called EFICAZ and represents a self-exclusion register from online financing sources that are part of the program.

About Problem Gambling in Spain

At the moment, Spain stands out with a small problem gambling rate which represents one of the lowest in the European continent. Some researches point out that the overall rate is fixed at 0.4%. The local betting industry has recently been backed up by Javier Molinera, a reputable member of the Gambling and Betting Control Service of the National Police. Judging by his words, “police do not see any major social problems” created by gambling.

Molinera further noted that it was a “myth” that online gambling was an industry without supervision and that it was much simpler for minors to reach land-based gambling services than online platforms. He also said that gambling operators don't want to risk facing serious problems connected with minor gambling in exchange for some miserable minors’ bets.

Source:

"Spain to impose new limits on online gambling welcome bonuses“, Steven Stradbrooke, calvinayre.com, February 18, 2020.

“innovative methods to block themselves”

Gambling Law & Society News
Back to articles
Limitless Casino (USA friendly)

Search

Search Results

Select language

English English Italiano Italiano

Don't show this again

Share on Facebook

Share on Twitter

Share