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Updated Spanish Gambling reforms
Written 6/2/11 :
European Commission approval the last step
Spain's gambling act, approved by the Congress of Deputies last month, was promulgated in the official Government Gazette on 28 May 2011 reports trade association AEDAPI.
The association reports "... the text lays the groundwork for the creation of a tax rate for gambling houses (25% over revenues for the most part), a licensing system based on administrative licenses and a system transition for operators on advertising, sponsorships and penalties. Furthermore, regulation will establish a number of safeguards to protect minors and people at risk".
The Spanish General Directorate of Gaming, will now get to work defining the specific regulations of the Gambling Act while approval from the European Commission is awaited.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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