Former Head of Spain’s Gaming Regulator to Take Expertise to the UK

Posted on: April 5, 2022, 09:04h.

Final up to date on: April 5, 2022, 09:04h.

Juan Espinosa García led Spain’s gaming regulator from 2016 to 2020. He stays near the trade and can use his experience to help gaming trade corporations within the UK.

Juan Espinosa Garcia
Juan Espinosa García, the previous head of Spain’s playing regulator. He’ll now lend his expertise and information to gaming-related companies within the UK. (Picture: Azar Extra)

From December 2016 to Might 2020, Juan Espinosa García oversaw Spain’s gaming regulator, the Directorate-Basic for the Regulation of Playing (DGOJ, for its Spanish acronym). Throughout his tenure, he was concerned within the improvement of various tasks, together with the institution of a number of insurance policies which might be nonetheless in place right now.

Quickly, Espinosa will proceed his work within the gaming trade, however not in Spain. He already helped the UK’s Betting and Gaming Council (BGC) on a one-off task. Espinosa will proceed to serve the nation’s gaming efforts on different fronts, as effectively.

Former DGOJ Takes Expertise Worldwide

Earlier than Espinosa might be part of any unbiased corporations after leaving the DGOJ, he needed to have authorization from Spanish authorities. That is to make sure there isn’t any battle of curiosity. Spanish media outlet Bulletin stories that Spain’s Treasury and Civil Service division permitted the transition.

Espinosa has important authorized and political expertise that may be helpful to the BGC. He studied within the nation, receiving two grasp’s levels from the College of Edinburgh and King’s Faculty of the College of London. As well as, he has a regulation diploma from Spain’s College of Granada.

His expertise within the gaming sector goes past the DGOJ, as effectively. Espinosa turned an exterior adviser to the Spanish Affiliation of Digital Gaming (Jdigital) in November 2020.

It isn’t clear what companies Espinosa offered to the BGC and the group didn’t elaborate when questioned by On line casino.org. Nonetheless, the previous gaming regulator goes to have his arms full, as he’s becoming a member of a few different entities serving the gaming trade.

He’ll reportedly be part of Deel, Inc., a agency that helps corporations contract workforces on a worldwide scale. It additionally offers authorized steering in that regard in varied international locations. Deel reportedly has a number of gaming-related shoppers, together with Esports Leisure Group, Hero Gaming and Zelos Gaming.

Bulletin provides that Espinosa will be part of a French regulation agency, Samman Regulation & Company Affairs, which focuses on regulatory and public affairs.

Spain’s Sports activities Betting Market Slows Spending

With the DGOJ, Espinosa helped develop insurance policies associated to communications and promoting for the gaming trade. Not lengthy after his departure, new measures arrived that started to restrict the place and when operators might promote.

The brand new regulation got here into pressure in Might of final yr, however a moratorium postponed the implementation till August. The one caveat was that the contracts wanted to be in place previous to the regulation’s approval, which occurred in 2020.

In consequence, since September 1 of final yr, on-line bookmakers can solely promote between 1 and 5 AM. As well as, digital promoting is proven solely on the portals of the operators. On the similar time, on social media, corporations can solely promote to their followers.

For the reason that change, on-line bookmakers have lower their promoting funding in half. Between September and December of 2020, operators devoted €90 million (US$98.73 million) to promoting. A yr later, the quantity fell to €46 million (US$50.46 million), based on the Ministry of Shopper Affairs.

Along with promoting, sponsorships are additionally restricted by the brand new regulation. Shopper laws established that groups can’t signal sponsorship contracts with bookmakers that contain carrying playing promoting on T-shirts and tools. Additionally they can’t situation betting promoting on sporting occasions held exterior of the early-morning hours.

These restrictions have induced investments in sponsorships to slip. From September to December of final yr, the section acquired solely €1.6 million (US$1.75 million). In the identical interval of 2020, the price range for sponsorships was €11.6 million (US$12.72 million). In consequence, usually talking, the promoting trade in Spain is coping with losses of greater than €50 million (US$54.85 million) in simply 4 months.

Leave a Reply

Your email address will not be published.