Spain’s General Directorate for the Regulation of Gambling (DGOJ) has recently issued hefty fines totalling **EUR 77.4 million** (approx. $87.5 million) to 14 operators caught offering gambling services without a valid licence. This move is part of the regulator’s broader effort to maintain integrity within Spain’s gambling industry.
Key Points
- The fines ranged from EUR 5 million to EUR 10 million, reflecting the severity of the violations.
- The following operators were penalised: Adonio, Chestoption, FGS Software, Group Gaem, Investan, Lama Tech, Magicwin Games Tech, Mibs, Pennytech, Spicyjactpos, Techsolutions, Tinietech, Winbet, and Wot.
- These companies are also banned from participating in Spain’s iGaming market for the next two years.
- The DGOJ reiterated its commitment to strong regulations and consumer protection, vowing to combat illegal gambling practices.
- This recent crackdown follows a series of previous sanctions against unlicensed operators as the DGOJ aims to safeguard players and the integrity of the market.
Why should I read this?
This article reveals a significant regulatory crackdown in Spain’s gambling industry, which can directly impact players and operators alike. If you’re involved in or follow the gaming sector, it’s crucial to understand the implications of these fines and how they shape the marketplace. We’ve got you covered with the highlights, so grab a coffee and get clued up on the latest in the industry!
