Spanish Government Passes New Gambling Ad Restrictions

Spanish government passes new gambling ad restrictions. A new Royal Decree has been approved by Spain’s Council of Ministers, which imposes more limits on gambling ads.

The new decree will restrict ads on television/radio/YouTube from 1 am-5 am, eliminate gambling sponsorship of sports bodies and limit operators offering bonuses only to customers who have already made at least three deposits.

Extensions for existing marketing campaigns featuring athletes or other celebrities will be allowed until 1 April 2021. Celebrity endorsements will no longer be permitted after the said date. Similarly, existing online advertising contracts with third-party portals will be allowed to continue through 1 May 2021.

Operators who fail to abide by the new rules could face financial penalties starting at €100k and ranging up to €1m, along with possible license suspension for up to six months.

[image: Willian Justen De Vasconcellos]

bitcoin
Bitcoin (BTC) $ 96,001.72 1.05%
ethereum
Ethereum (ETH) $ 3,338.81 1.10%
tether
Tether (USDT) $ 0.998024 0.13%
xrp
XRP (XRP) $ 2.21 2.07%
bnb
BNB (BNB) $ 677.72 1.94%
solana
Solana (SOL) $ 183.91 1.09%
dogecoin
Dogecoin (DOGE) $ 0.315575 1.44%
usd-coin
USDC (USDC) $ 0.999175 0.04%
staked-ether
Lido Staked Ether (STETH) $ 3,335.03 1.01%
cardano
Cardano (ADA) $ 0.894875 1.63%
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)