Spain’s official regulatory body, the “Dirección General de Ordenación del Juego” (DGOJ), has established the “Consejo Asesor del Juego Responsible” (CAJR), which would support the regulator in the development, execution and overall management of policies related to responsible online gambling across Spain.
Last November, 25 new members joined the board including representatives from top gambling suppliers companies. The board has representatives from various fields including psychology, social health and welfare as well as consumer rights. Juan Espinosa García (pictured), the current president of the DGOJ regulatory body, is chair of the board.
Online gambling revenue increased by 30 per cent in Spain, year-on-year for Q3 when compared to 2017, totalling €181.8 million at the end of September 2018.
The most revenue comes from the sports betting and online casino verticals which many expect to reach a global value of over $74 billion (USD) by the end of 2023.
As per DGOJ, July-September revenues for the casino vertical increased 39.2 per cent to €60.8 million. Player spending within this vertical was also at an all-time high of €2.1 billion with an increase of 35.6 per cent from 2017. The new online poker shared liquidity pool with France and Portugal that Spain established in January of this year also benefited the industry, generating a 35.1 per cent revenue increase to €19.8 million.
