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Spain Reacts to Adelson Gambling Opposition
Friday July 5,2013 : SPANISH ONLINE GAMBLING OPERATORS REACT TO ADELSON OPPOSITION
Attempts by Las Vegas mogul to influence internet gambling in Spain have evoked a strong reaction from JDigital
Las Vegas land gambling tycoon Sheldon Adelson's attempt to influence Spanish politicians to shelve legalised online gambling in Spain has provoked a strong reaction from the online gambling trade association in the country, JDigital.
The trade body accuses Adelson of making claims that are not backed by factual data, particularly those that allege that internet gambling in Spain produces “no real benefit” and “miniscule” tax revenue, and his assertion that land casinos are the only effective way to create employment in the gambling industry.
Launching his attack on the Adelson claims this week, JDigital spokesman Miguel Ferrer told the publication El Confidencial that online gambling companies had invested considerable amounts of money in Spain, and that advertising and marketing investments alone totalled over Euro 150 million since the market opened in June 2012.
Ferrer pointed to regulatory body DGOJ numbers showing that tax revenues from online gambling in Spain reached Euro 133 million last year, whilst an additional Euro 150 million had been wrung from major foreign internet gambling companies keen to enter the market through retrospective taxation levied on licence applicants by Spain's Ministry of Finance.
JDigital warned that interference with the already established regulated online gambling sector could have a negative impact on employment prospects, advertising and tax revenues in Spain.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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