Spain’s Council of Ministers has approved a new Royal Decree which introduces more restrictions on gambling advertising.
The new decree will restrict ads on television/radio/YouTube to a narrow window of 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.
Existing marketing campaigns featuring athletes or other celebrities will be allowed to extend until 1 April 2021, after which celebrity endorsements will no longer be permitted. 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 suspension of their license for up to six months.