
Spain Introduces Bill to Regulate Gambling Advertising by Influencers
Spain has taken a pioneering step in Europe by introducing legislation aimed at regulating the advertising practices of influencers and celebrities on social media, with a primary focus on gambling. This move marks a significant shift in the digital advertising landscape.
Under the new rules, individuals serving as the face of advertising campaigns and earning more than €300,000 from such endeavors will be required to submit an additional declaration. Specifically targeting influencers endorsing online gambling, the legislation imposes fines ranging from €10,000 to €150,000. Additionally, the bill imposes restrictions on all forms of gambling advertising across various media platforms.
The initiative aligns with the previous commitment made by Spain's Minister of Social Rights and Consumer Affairs, Pablo Bustinduy, to prohibit online casino and bookmaker advertising on social networks. The introduction of this bill signifies the government's determination to address concerns surrounding the influence of gambling advertisements on vulnerable populations.
11 May 2024, 12:03
Casino and Games
Other news
Gambling adverts during football matches triple in UK
29 September 2024, 16:17
Merkur Group founder to step down as chairman after 67 years at the helm
29 September 2024, 09:22
Dutch players demand bookmakers refund their money
28 September 2024, 15:14
Flutter Enters Top 3 Largest Bookmakers in Brazil
28 September 2024, 10:08
DraftKings to Pay $200,000 Fine Over Social Media Post
27 September 2024, 15:41
Star Entertainment Group Reports Financial Downturn
27 September 2024, 10:54
Norfolk casino project approved by Architectural Review Board
26 September 2024, 14:37
Flutter Entertainment aims to triple profits
26 September 2024, 09:19
Five social casino ads banned in UK
25 September 2024, 10:27
Brazil's WA.Technology Acquires Onseo
24 September 2024, 17:24
ESPN Bet Could Launch in New York by Weekend
24 September 2024, 08:30
EveryMatrix Appoints Former Entain Employee as Product Director
23 September 2024, 17:03
Articles
Why will the Snaitech deal double Flutter's market share in Italy?
26 September 2024, 16:00
Hiring Talent from Different Industries: Why and How?
26 September 2024, 09:09
The Social Casino Phenomenon: Real Money and Databases for Bookmakers
20 September 2024, 17:18
Dividing the Peruvian Pie: Who Will Take Over the Market After the Regulatory Law?
20 September 2024, 14:10
Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data
13 September 2024, 11:00
Categories