Responsible gambling in Spain is taking a turn for the better with business leaders from the sector joining a newly set-up advisory board that will seek to bolster security across the board.
Spain Intensifies RG Efforts
Spain is the latest country to actively seek to promote responsible gambling practices. This will be achieved with the help of established iGaming and betting companies’ executives who have extensive experience in covering the industry. A number of high-profile professionals are joining the newly-established advisory board that will steer the country towards a brighter betting & gambling future amid an ongoing clampdown on gambling ads.
Many noteworthy names will be now joining in, including Sportium CEO Alberto Eljarrat and R. Franco VP María José Gallardo with the pair accompanied by Luckia legal advisor Francisco Feijoo along with 25 established names in the industry.
They are all part of the so-called Advisory Council on Responsible Gaming (CAJR), the body which will be represented by Dirección General de Ordenación del Juego (DGOJ) President Juan Espinosa García.
If you are still new in the regulatory climate of Spain, the DGOJ is the official gaming regulator in the country. Mr. García will serve as member of both, making sure that the interests of consumers are upheld and unauthorized practices are clamped down upon.
Specifically, CAJR will help the regulatory body to work on laws that will affect the entire industry in future as well as help DGOJ collate viable data for customer habits and guarantee that operators are acting in accordance to the mandated legislation.
Another important activity within the remit of CAJR will be to guarantee that Spanish customers avoid gambling harm. The advisory board will also seek to establish new responsible gaming initiatives that will bolster the overall offer of DGOJ.
In order to clamp down on reckless gambling behavior, CAJR will also collaborate with Spain’s Finance and Health departments, making it clear that the advisory board realizes the complexity of the problem.
Perception of the risks inherent to gaming are evolving, posing new challenges that must be addressed, and it is necessary to incorporate these into the supervision strategy. – DGOJ
Spain’s market has been in an upswing, with DGOJ revealing 30% year-on-year increase occasioned by both sports betting and casino activities. As the activity intensifies and more people are placing wagers, the recommendations of DGOJ for a clear-cut responsible gambling initiative is well-received.
Naturally, bringing all parties together is one thing. Enacting the necessary changes and practices is another. One of the world’s most regulated markets, the United Kingdom, has some of the most pronounced responsible gambling and social responsibility programs, but it’s also continuously buffeted by regulatory fines.
Even established casinos and specialists are handed seven-figure penalties. However, the majority of these operators recognize their errors and try to make up for them, with a small percentage having their licenses revoked.
The maturity of the British market has also helped people to wager at established bookmakers and casinos, without the need to go to offshore venues where social responsibility & safe gambling practices rarely apply.