New regulation will see a ban on the advertising of gambling in Spain

The new regulation will see a ban on the advertising of gambling in Spain.

Minister for Consumer Affairs, Alberto Garzon, said: “Tonight the ban on gambling and betting advertising comes into force. It has not been easy. Football and other competitions will be healthier, cleaner and in line with the values ​​of the sport.”

The regulation will prevent gambling advertising outside of the hours of 1 am to 5 am in a bid to protect vulnerable consumers.

Under the law, companies will also only be able to show gambling offers to registered customers, while sports clubs will no longer be able to allow gambling companies to advertise on t-shirts and equipment.

In addition, the advertising of gambling in sports stadiums, when they host live events, must be adjusted to the same schedules as elsewhere.

The regulation will see companies who do not comply hit with fines of between €100,000 and €1 million.

Providers of audiovisual communication services in Spain will be subject to the sanctioning regulations set out in a law on March 31 of General of Audiovisual Communication, with fines regulated by the CNMC, Spain’s body which enforces competition law for companies.

https://www.euroweeklynews.com/2021/08/31/spain-ban-gambling-advertising/