Spain Archives - Keno Wizard https://kenowizard.com/tag/spain/ The Ultimate Keno Destination for Odds, Tips & Tricks Thu, 11 Jul 2024 11:47:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://i0.wp.com/kenowizard.com/wp-content/uploads/2023/02/cropped-keno-wizard-icon.png?fit=32%2C32&ssl=1 Spain Archives - Keno Wizard https://kenowizard.com/tag/spain/ 32 32 230792155 IGT Enhances Instant Ticket Offerings in Spain with ONCE Partnership https://kenowizard.com/2024/07/11/igt-enhances-instant-ticket-offerings-in-spain-with-once-partnership/ https://kenowizard.com/2024/07/11/igt-enhances-instant-ticket-offerings-in-spain-with-once-partnership/#respond Thu, 11 Jul 2024 11:47:44 +0000 https://kenowizard.com/2024/07/11/igt-enhances-instant-ticket-offerings-in-spain-with-once-partnership/ International Game Technology PLC announced today that its subsidiary, IGT Global Solutions Corporation, has secured a five-year contract with Organización Nacional de Ciegos Espanoles (ONCE) to produce exciting instant ticket games for lottery enthusiasts in Spain. This contract, effective through 2029, will see IGT printing a portion of ONCE’s new instant tickets, aiming to enhance [...]

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IGT-enhances-instant-ticket-offerings-in-Spain-with-ONCE-partnershipInternational Game Technology PLC announced today that its subsidiary, IGT Global Solutions Corporation, has secured a five-year contract with Organización Nacional de Ciegos Espanoles (ONCE) to produce exciting instant ticket games for lottery enthusiasts in Spain. This contract, effective through 2029, will see IGT printing a portion of ONCE’s new instant tickets, aiming to enhance the gaming experience for players.

Francisco José Martínez Palao, ONCE’s Director of Operations and Logistics and Head of the Lottery Production and Logistics Center, commented on the new collaboration: “ONCE continuously looks for ways to enhance our instant ticket portfolio, which is one of the reasons why we wanted to add IGT’s diverse game content back into our lineup. IGT’s industry-leading products have helped contribute to ONCE’s success for over 20 years, and we believe IGT’s wide variety of instant ticket games will enable us to continue providing premier player experiences.”

Jay Gendron, IGT Chief Operating Officer, Global Lottery, expressed the company’s enthusiasm about the renewed partnership: “IGT is pleased to once again be printing instant tickets for ONCE’s lottery players to enjoy. As the longtime, trusted supplier of ONCE’s lottery central system and software maintenance services, IGT looks forward to expanding our lottery portfolio in Spain to include new and exciting instant ticket themes.”

As a leader in the global lottery market, IGT serves as the primary technology provider for 26 of the 46 lotteries in the U.S., eight of the world’s ten largest lotteries, and 16 of the world’s top 25 lotteries. This extensive experience and technological expertise position IGT as a valuable partner for ONCE, helping to drive the success of their lottery initiatives.

IGT Expands Its Presence in Colorado

In other significant news, IGT announced that IGT Global Solutions Corporation has signed a seven-year contract with the Colorado Lottery to implement advanced lottery products and solutions. This contract, set to run through July 12, 2032, includes seven one-year extension options, marking a long-term collaboration between IGT and the Colorado Lottery.

Under this new agreement, the Colorado Lottery will benefit from IGT’s Aurora™ central system, which will replace the current lottery central system. Aurora is a component of IGT’s OMNIA™ integrated lottery solution, designed to provide comprehensive insights through a unified player view. This integration is expected to enhance the Colorado Lottery’s product portfolio, improve marketing communications, and deliver a seamless omnichannel experience to players.

Additionally, IGT will upgrade all lottery retailer equipment across Colorado and launch a new mobile convenience app featuring Scan and Redeem functionality. This innovative solution will allow Colorado Lottery players to scan their draw-based or instant scratch tickets via the mobile app and redeem winnings directly into their linked bank accounts through an automated clearing house (ACH) transfer.

Source:

IGT Boosts Instant Ticket Offering in Spain with Compelling New Games for ONCE, ir.igt.com, July 7, 2024.

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Pragmatic Play Partners with KirolBet in Spain https://kenowizard.com/2024/06/25/pragmatic-play-partners-with-kirolbet-in-spain/ https://kenowizard.com/2024/06/25/pragmatic-play-partners-with-kirolbet-in-spain/#respond Tue, 25 Jun 2024 15:28:24 +0000 https://kenowizard.com/2024/06/25/pragmatic-play-partners-with-kirolbet-in-spain/ Pragmatic Play, a leading content supplier to the iGaming industry, has expanded its reach in the Spanish market through a strategic partnership with KirolBet. This collaboration marks a significant step for Pragmatic Play as it brings its premium slots and live casino offerings to one of Spain’s prominent online casino platforms. Through this partnership, KirolBet [...]

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pragmatic_play_secures_partnership_with_kirolbet_in_spainPragmatic Play, a leading content supplier to the iGaming industry, has expanded its reach in the Spanish market through a strategic partnership with KirolBet. This collaboration marks a significant step for Pragmatic Play as it brings its premium slots and live casino offerings to one of Spain’s prominent online casino platforms.

Through this partnership, KirolBet players now have access to some of Pragmatic Play’s most popular and award-winning slot titles, including Gates of Olympus and Sugar Rush, as well as exciting new releases like Rise of Pyramids and Dwarf & Dragon. This extensive portfolio is expected to elevate the gaming experience for KirolBet users, providing them with high-quality entertainment options.

Irina Cornides, Chief Operating Officer at Pragmatic Play, expressed her enthusiasm about the partnership, stating, “KirolBet is an established online casino operator in Spain, where Pragmatic Play content is already performing extremely well. We’re excited to extend the reach of our product offering in this key regulated market.”

Meeting Customer Needs

Joel Lopez Martin, Online Director at Grupo Kirol, also highlighted the benefits of the partnership. “Pragmatic Play’s award-winning portfolio of titles is a great asset for us, and we are delighted to integrate their games onto our platform. Incorporating their content has helped us meet the evolving needs of our customer base, elevating the player experience available at KirolBet.”

This collaboration strengthens KirolBet’s position in the market and underscores Pragmatic Play’s commitment to delivering exceptional gaming experiences to players in regulated markets worldwide.

A Multi-Product Portfolio

Pragmatic Play is known for its prolific production, creating up to eight new online slot titles each month. In addition to slots, the company offers a diverse range of live casino and bingo games, all available through a single API integration. This multi-product portfolio ensures that operators like KirolBet can provide a comprehensive and engaging gaming experience to their users.

Continued Expansion and Innovation

This partnership with KirolBet is part of Pragmatic Play’s broader strategy to expand its footprint in regulated markets. Earlier this month, Pragmatic Play enhanced its collaboration with Betsson Group’s Rizk brand by offering customized live casino environments through its Smart Studio product. In April 2024, the company launched a dedicated live casino studio in partnership with Betsson, featuring bespoke blackjack and roulette tables.

Pragmatic Play’s expansion efforts are not limited to Spain. The company has also launched its products with NetBet in Denmark and has partnered with Bplay as part of its growth strategy in Brazil. These moves highlight Pragmatic Play’s dedication to providing innovative gaming solutions and expanding its global presence.

Source:

Pragmatic Play Partners with KirolBet in Spain, Pragmatic Play, June 24, 2024.

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Spain Appoints Andrés Barragán Urbiola as Minister for Federal Gambling Reforms https://kenowizard.com/2024/06/25/spain-appoints-andres-barragan-urbiola-as-minister-for-federal-gambling-reforms/ https://kenowizard.com/2024/06/25/spain-appoints-andres-barragan-urbiola-as-minister-for-federal-gambling-reforms/#respond Tue, 25 Jun 2024 12:27:07 +0000 https://kenowizard.com/2024/06/25/spain-appoints-andres-barragan-urbiola-as-minister-for-federal-gambling-reforms/ The Council of Ministers of Spain has appointed Andrés Barragán Urbiola as Secretary General of Consumption and Gaming. In this role, Urbiola will oversee Spain’s ongoing federal overhaul of gambling laws, a directive led by the Ministry of Consumer Affairs. This appointment is part of a broader strategy to strengthen the regulation and safety of [...]

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Spain-appoints-Urbiola-as-‘dedicated-minister-of-federal-gambling-reformsThe Council of Ministers of Spain has appointed Andrés Barragán Urbiola as Secretary General of Consumption and Gaming. In this role, Urbiola will oversee Spain’s ongoing federal overhaul of gambling laws, a directive led by the Ministry of Consumer Affairs. This appointment is part of a broader strategy to strengthen the regulation and safety of Spain’s gambling sector.

Leadership and Legislative Reforms

Pablo Bustinduy, Spain’s Minister of Consumer Affairs and Social Rights, advocated the need for a dedicated minister to oversee gambling reforms. Bustinduy has assumed the remit of gambling reforms from his predecessor, Alberto Garzon, who chose not to serve in Spain’s new ‘progressive left’ coalition government.

Since 2020, under Garzon’s leadership, Spain has undertaken a significant reorganization of its gambling laws, focusing on unified standards and centralized controls for both online and land-based gambling. Key among these reforms was the “Royal Decree on Gambling Advertising,” which reshaped the gambling landscape by banning betting sponsorships and restricting gambling advertisements to late-night hours.

In 2023, Garzon introduced the “Royal Decree on Responsible Gaming Environments,” preparing the Spanish gambling industry for additional changes. These include the implementation of a centralized player registry and the mandatory documentation of risk profiles for younger consumers, particularly those under 25.

Strategic Appointment

Appointing Urbiola as Secretary General of Consumption and Gaming is a strategic move by Spain’s government to continue its rigorous overhaul of gambling laws. Urbiola, who has a strong background in economic policy and financial analysis, was personally selected by Bustinduy to lead the federal reforms for the gambling sector.

Urbiola brings diverse experience from his tenure at the Ministry of Economy, Commerce, and Business, where he played a pivotal role in designing support measures for companies during the pandemic and planning Spain’s Transformation and Resilience Recovery Plan. His expertise in economic strategy and policy development makes him well-suited to navigate the complexities of gambling reform.

Focus on Compliance and Safety

As Secretary General, Urbiola’s primary focus will be on implementing and enhancing the measures laid out in recent decrees. By 2024, he aims to ensure that Spanish gambling operators comply with some of the strictest regulations in Europe. This includes strict adherence to advertising restrictions and robust mechanisms to protect younger and vulnerable consumers from gambling-related harms.

The appointment underscores Spain’s commitment to fostering a safer gambling environment and addressing gambling addiction challenges. It aligns with the new Action Plan on Addictions for 2025-2028, which Bustinduy will lead, focusing on comprehensive strategies to mitigate the risks associated with gambling.

Source:

Spain appoints Urbiola as ‘dedicated minister’ of federal gambling reforms, SBC News, June 25, 2024.

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Playson Expands in Spain through Luckia Gaming Group Partnership https://kenowizard.com/2024/06/05/playson-expands-in-spain-through-luckia-gaming-group-partnership/ https://kenowizard.com/2024/06/05/playson-expands-in-spain-through-luckia-gaming-group-partnership/#respond Wed, 05 Jun 2024 12:22:12 +0000 https://kenowizard.com/2024/06/05/playson-expands-in-spain-through-luckia-gaming-group-partnership/ Playson, a distinguished supplier in the iGaming industry, has strengthened its presence in Spain by partnering with one of the country’s premier betting and iGaming brands, Luckia Gaming Group. This collaboration marks another significant milestone in Playson’s expansion strategy, enhancing the gaming experience for Luckia’s diverse player base. Expanding Content Through Strategic Integration The partnership [...]

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Playson, a distinguished supplier in the iGaming industry, has strengthened its presence in Spain by partnering with one of the country’s premier betting and iGaming brands, Luckia Gaming Group. This collaboration marks another significant milestone in Playson’s expansion strategy, enhancing the gaming experience for Luckia’s diverse player base.

Expanding Content Through Strategic Integration

The partnership with Luckia Gaming Group was facilitated through Games Global’s aggregation platform, allowing seamless integration of Playson’s renowned Hold and Win portfolio into Luckia’s online casino. Players can now enjoy a variety of popular titles, including Royal Coins 2, Diamonds Power, and Fire Coins. This strategic addition enriches Luckia’s content library, offering players more variety and driving further growth for the operator’s online services.

About Luckia Gaming Group

LUCKIA_GAMING_GROUP_CHOOSES_PLAYSON_FOR_MORE_CONTENT_OPTIONSFounded in 1980, Luckia Gaming Group stands as one of Spain’s foremost entertainment companies, operating both land-based and online gaming services. Beyond Spain, Luckia extends its reach to Portugal, Colombia, Mexico, and Cameroon, solidifying its status as a global gaming operator.

Eloy Fernandez, Head of Product at Luckia, expressed enthusiasm about the new partnership: “We are so pleased to launch Playson’s award-winning titles and inject even more excitement into our offering. Our players come to us for an enjoyable, well-rounded experience and we know the studio’s omnichannel titles will be a huge hit. After analyzing player tastes and preferences in detail, we look forward to seeing how much they love these new additions.”

Playson’s Commitment to Growth and Innovation

This collaboration highlights Playson’s commitment to adapting and growing in response to evolving market trends. By developing games that resonate with a broad spectrum of player preferences, Playson continues to expand its footprint in regulated markets worldwide.

Paul McInnes, Sales Manager at Playson, commented on the partnership: “We are delighted to provide Luckia with Playson’s premium slot content in the Spanish market through Games Global and this significant milestone represents Playson’s expansion into other regulated markets such as Portugal and the UK, where our strategy is to increase our presence and for which our games portfolio is ideally suited.”

The agreement not only enhances Luckia’s gaming offerings but also underscores Playson’s ability to deliver high-quality content that appeals to diverse player demographics. By integrating with a reputable and established operator like Luckia, Playson continues to demonstrate its capability to meet and exceed the expectations of the global gaming community.

The partnership between Playson and Luckia Gaming Group is set to bring a new level of excitement and variety to players, reinforcing both companies’ positions in the competitive iGaming landscape. As Playson continues to innovate and expand its portfolio, players can look forward to more engaging and entertaining gaming experiences.

Source: LUCKIA GAMING GROUP CHOOSES PLAYSON FOR MORE CONTENT OPTIONS. Playson. June 4, 2024.

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Spain Imposes Over €81 Million in Fines on Online Gambling Operators https://kenowizard.com/2024/05/21/spain-imposes-over-e81-million-in-fines-on-online-gambling-operators/ https://kenowizard.com/2024/05/21/spain-imposes-over-e81-million-in-fines-on-online-gambling-operators/#respond Tue, 21 May 2024 14:07:40 +0000 https://kenowizard.com/2024/05/21/spain-imposes-over-e81-million-in-fines-on-online-gambling-operators/ The Ministry of Social Rights, Consumer Affairs, and the 2030 Agenda has announced the final sanctions for online betting and gambling infringements during the second semester of 2023 in Spain. A total of 17 operators have been penalized for committing serious or very serious violations, with fines surpassing €81 million (81,150,000 euros). The General Directorate [...]

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the-ministry-of-consumer-affairs-sanctions-17-gaming-operators-for-serious-or-very-serious-infractionsThe Ministry of Social Rights, Consumer Affairs, and the 2030 Agenda has announced the final sanctions for online betting and gambling infringements during the second semester of 2023 in Spain. A total of 17 operators have been penalized for committing serious or very serious violations, with fines surpassing €81 million (81,150,000 euros).

The General Directorate for the Regulation of Gambling (DGOJ) issued these penalties, with 10 of the 17 resolutions pertaining to very serious infractions. These severe sanctions account for the bulk of the fines and have led to the disqualification of 9 operators for two years. The Organización Nacional de Discapacitados Españoles y Europeos (ONDEE) faces a four-year disqualification and the highest fine of €35 million.

Significant Penalties for Unauthorized Operations

ONDEE, along with several online gambling operators operating without a license in Spain, received substantial fines. The Dirección General de Ordenación del Juego identified these companies, including Rabadi, Uno Digital Media, Eight Stars, Mrsloty Games Tech, Entretenimiento Rojo, Onyxion Malta, Trw Corporate, Vdsoft&Script Development, and Uniquegame. Each of these operators was fined €5 million under the Ley de Regulación del Juego (LRJ). In total, the very serious infractions amounted to €80 million in penalties.

Licensed Operators Also Penalized

The DGOJ also detected serious infractions in seven other licensed operators in the online betting and gambling sector. These operators violated certain provisions of Law 13/2011 on gambling regulation. Among the penalized companies are Gamesys, 888, Esgaming, and Codere. These seven operators are subject to economic sanctions totaling €1,150,000.

Once the sanctions are confirmed and notified to the concerned parties, both the serious and very serious infractions will be published on the DGOJ website. Since July 2021, the Ministry of Social Rights, Consumer Affairs, and the 2030 Agenda has published 139 final sanctioning resolutions, with total fines exceeding €333 million.

Source: “17 gambling operators sanctioned for serious or very serious infractions”European Consumer Centre Spain. May 9, 2024.

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Interblock’s Strategic Expansion in Spain: New Partnerships Boost Support https://kenowizard.com/2024/05/08/interblocks-strategic-expansion-in-spain-new-partnerships-boost-support/ https://kenowizard.com/2024/05/08/interblocks-strategic-expansion-in-spain-new-partnerships-boost-support/#respond Wed, 08 May 2024 13:04:15 +0000 https://kenowizard.com/2024/05/08/interblocks-strategic-expansion-in-spain-new-partnerships-boost-support/ Interblock, a leading gaming technology provider, teams up with Grupo Orenes, Unidesa, and Covimatic, enhancing support for its technology across Spain. In a move to expand its reach, Interblock has entered into partnerships with Grupo Orenes, Unidesa, and Covimatic. These collaborations will see the three companies operating as Interblock’s Certified Service Providers across various regions [...]

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interblock_partners_with_grupo_orenes_unidesa_and_covimatic_for_spanish_markets_Interblock, a leading gaming technology provider, teams up with Grupo Orenes, Unidesa, and Covimatic, enhancing support for its technology across Spain.

In a move to expand its reach, Interblock has entered into partnerships with Grupo Orenes, Unidesa, and Covimatic. These collaborations will see the three companies operating as Interblock’s Certified Service Providers across various regions in Spain.

Enhanced Technical Support

Under these partnerships, Grupo Orenes, Unidesa, and Covimatic will be responsible for providing technical support and services for Interblock machines after their installation at different properties.

Interblock’s focus on providing top-notch support reflects its commitment to delivering high-quality gaming experiences to its customers.

The partnerships come at a crucial time as Interblock prepares to introduce its Electronic Table Games (ETGs) in Spain, including the Black Pearl Roulette machines, which are already making their way into the market.

The Black Pearl Series offers standalone roulette machines that can accommodate up to ten players simultaneously, providing an immersive gaming experience.

In addition to the Black Pearl Roulette machines, Interblock has also tailored its Dual Roulette and Universal Cabinet Golden Ball Roulette to cater to the specific preferences of the Spanish market.

The Golden Ball Roulette, in particular, features the proprietary G-O-L-D side bet option, allowing players to bet on each of the four letters for the chance to win multipliers of up to 250x.

Furthermore, Interblock will supply Spanish casinos with products from its Smart Pit product line, including Dual Live Roulette, Live Blackjack, and Live Baccarat tables.

The Smart Pit line represents one of Interblock’s newer initiatives, blending live dealers with automated technology to offer a seamless gaming experience.

Interblock’s entry into the Spanish market received a significant boost when it obtained licensing for Spain in August 2023. This allowed the company to establish a service center and warehouse in the country.

Key Markets Licensing

Interblock Spain, the company’s regional arm, also secured licenses for several key regions in Spain, including Andalucía, Canarias, Pais Vasco, La Rioja, Castilla la Mancha, and Navara.

John Connelly, the Global CEO of Interblock, expressed his enthusiasm about the company’s expansion in Spain, stating, “Our commitment to Spain is steadfast and ever-growing.”

“With more than 10,000 seats in operation across the country, these new licenses don’t just expand our reach — they emphasize our relentless pursuit of providing unparalleled service to our esteemed clientele.”

Interblock’s strategic partnerships with Grupo Orenes, Unidesa, and Covimatic underscore its dedication to delivering exceptional gaming experiences in the Spanish market.

Source: “Interblock partners with Grupo Orenes, Unidesa and Covimatic for Spanish markets”, Gambling Insider, May 6, 2024.

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An Upcoming Series of Stunning Gaming Events in Spain https://kenowizard.com/2024/03/25/an-upcoming-series-of-stunning-gaming-events-in-spain/ https://kenowizard.com/2024/03/25/an-upcoming-series-of-stunning-gaming-events-in-spain/#respond Mon, 25 Mar 2024 18:25:58 +0000 https://kenowizard.com/2024/03/25/an-upcoming-series-of-stunning-gaming-events-in-spain/ This year’s edition of the popular event 2024 Gaming in Spain Conference will be held in Madrid on 6 May 2024. The flagship happening is expected to attract a broad pool of industry stakeholders and gaming enthusiasts to present the latest trends and developments in the lucrative Spanish market. Stream of Flagship Events Even more, [...]

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This year’s edition of the popular event 2024 Gaming in Spain Conference will be held in Madrid on 6 May 2024. The flagship happening is expected to attract a broad pool of industry stakeholders and gaming enthusiasts to present the latest trends and developments in the lucrative Spanish market.

Stream of Flagship Events

Even more, this year’s conference is scheduled to take place just before the beginning of the leading land-based gaming event in Spain, FIJMA24, set to kick off on 7 May in Madrid. Indeed, it seems that the stream of flagship events in two consecutive days will make the Spanish capital a preferred gaming destination for worldwide visitors counting days to the beginning of the show.

Free Introductory Webinar

2024_gaming_in_spain_conferenceAs an introduction to the topics to be discussed in the 2024 Gaming in Spain Conference, a free webinar “Regulatory & market update” will be held on Wednesday, April 3 at 15:00 CET to bring the latest news from the Spanish market. Also, the conference agenda has been released to announce a wide range of topics to be covered by prominent speakers and attendees from the industry. Therefore the agenda will include regulatory updates and compliance guidelines, deposit limits and other issues faced by the industry, as well as an overview of Spanish iGaming market performance in terms of handle and revenues, responsible gaming considerations, and more.

Technical Sessions

The Conference will also feature technical sessions for licensed Spanish operators to address topics such as online and land-based gaming deposits, compliance training and management, best operating practices, and more. These workshops are available for all registered visitors, with the registration procedure for the 2024 Gaming in Spain Conference now open.

Gaming in Spain Webinar

As indicated, the webinar ‘’Regulatory & market update’’ is scheduled for April 3 to present the Conference agenda to the broad audience and help gaming stakeholders to reflect some suggestions to their operating practice. The webinar will discuss regulatory framework in the country and the cross-operator deposit limits imposing restriction to market participants.

Handling Market Challenges

The conference scheduled for 6 May 2024 will further discuss these topics and the overall Spanish iGaming market, as well as suggest ways to handle market challenges. Both the Gaming in Spain webinar and Conference will provide an update on regulatory measures from the industry’s perspective, as well as to address compliance challenges faced by the Spanish iGaming stakeholders.

Although the licensed Spanish operators have reported a continued profitability of operations, reflected in the DGOJ-released revenue figures, the Gaming in Spain webinar and conference represent an opportunity for Spanish operators to get an in-depth insight into the current market condition.

Source: “2024 Gaming in Spain Conference”. European Gaming. March 22, 2024.

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GiG Secures New Partnerships in Spain and Argentina https://kenowizard.com/2024/03/22/gig-secures-new-partnerships-in-spain-and-argentina/ https://kenowizard.com/2024/03/22/gig-secures-new-partnerships-in-spain-and-argentina/#respond Fri, 22 Mar 2024 13:32:39 +0000 https://kenowizard.com/2024/03/22/gig-secures-new-partnerships-in-spain-and-argentina/ Gaming Innovation Group (GiG), one of the world’s most prominent software solution providers for online casinos and sports betting websites, has announced that its global footprint has further expanded following the signing of two new partnership agreements in Spain and Argentina. The first partnership was the one signed with Juegging, a major operator in the [...]

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gig_sign_deals_for_spain_and_argentinaGaming Innovation Group (GiG), one of the world’s most prominent software solution providers for online casinos and sports betting websites, has announced that its global footprint has further expanded following the signing of two new partnership agreements in Spain and Argentina.

The first partnership was the one signed with Juegging, a major operator in the Spanish market who owns land-based venues, an online casino, and a sports betting website. The operator decided to migrate onto X-Suite, the turnkey management platform that GiG offers to its customers.

This will allow Juegging to revamp its sports betting offering while expanding the number of payment methods available. Moreover, the online casino and sports betting operator will be able to offer content from more providers since the GiG platform comes with plenty of games from several international suppliers.

The Spanish market is a very important one for Gaming Innovation Group because it is expected to generate almost 2 billion euros in gross gaming revenues per year by the end of the next three-year cycle.

Big Deal in Argentina

The CoreX platform developed by Gaming Innovation Group is set to make its grand entrance into the Argentine market through a new partnership with SIGAR S.A., a local operator of land-based casinos and slot halls.

GiG has become a very powerful presence in the Argentine market as it has partnerships in place with brands operated in the seven regulated provinces of the country. In 2021 the company marked a crucial moment when it received approval to operate in Buenos Aires from LOTBA, the gambling regulator of the City of Buenos Aires.

SIGAR S.A. is planning to expand its business online and that is why it entered the partnership with GiG as the software provider has plenty of experience when it comes to taking land-based casino operators into the online world. In fact, GiG has signed multiple such partnerships in recent years both in Latin America and in Europe.

The market in Latin America is a very lucrative one as well, it is expected to generate over 3.7 billion dollars in revenue next year according to data supplied by Statista.

Gaming Innovation Group was founded in 2012 and since then has developed into a powerful brand, recognized anywhere in the world. The company operates out of Malta and is listed both on the Oslo Stock Exchange and on Nasdaq Stockholm.

Source: “GiG bags a brace of deals for Spain and Argentina, with two new partners for its iGaming platform CoreX and Sportsbook, SportX“GiG. March 21, 2024.

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Gross Gaming Revenue Increases by €315.3m in Spain https://kenowizard.com/2024/02/28/gross-gaming-revenue-increases-by-e315-3m-in-spain/ https://kenowizard.com/2024/02/28/gross-gaming-revenue-increases-by-e315-3m-in-spain/#respond Wed, 28 Feb 2024 19:03:54 +0000 https://kenowizard.com/2024/02/28/gross-gaming-revenue-increases-by-e315-3m-in-spain/ The Spanish online gambling market is growing, and according to the recently published report, the online gambling revenue in the country grew to €315.3 million (£269.8m/$342.0m) during the fourth quarter of 2023, which represents an increase of 0.6% compared to the fourth quarter of 2022. The total deposits increased as well. Most popular games But [...]

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The Spanish online gambling market is growing, and according to the recently published report, the online gambling revenue in the country grew to €315.3 million (£269.8m/$342.0m) during the fourth quarter of 2023, which represents an increase of 0.6% compared to the fourth quarter of 2022. The total deposits increased as well.

Most popular games

spain_online_gambling_revenue_edges_up_to_e315_3m_in_q4But the growth hasn’t been noticed only on an annual level – compared to the third quarter, gross gaming revenue increased by 3.6%.

The main source of revenue was casinos, and it seems its popularity among the Spanish players is increasing even further over time. Casinos brought in €171.3 million, which is 54.3% of the total revenue earned in the fourth quarter in the whole of Spain. The popularity of slot games increased in this key European market, so the revenue generated from slot games increased by 25.9%, while live roulette games earned 15.3% more than was the case before.

Sports betting was also incredibly popular among Spanish players. According to iGaming Business, the revenue generated from sports betting was €114.7 million, which is 36.4% of the total amount collected. Poker generated €25.4 million, which is 8.1% of total revenue.

On the other hand, it seems that poker tournaments aren’t as popular as they used to be. A decrease of 0.5% was recorded compared to the previous period, while poker cash had a negative variation rate of 7.0%.

Spanish players love bingo as well, so bingo generated €3.8 million, which is 1.2% of the total revenue. On top of that, contests earned about €50,000.

Deposits and marketing activities

Players were willing to spend a lot of money on various online gambling activities, so the total was €1.04 billion when it comes to the money the players deposited in their accounts during the fourth quarter, which marks an increase of 9.4% compared to the same period in 2022.

There were 1,269,585 active accounts every month on average, which is 6.9% more than in 2022. But it seems these revenue figures were pulled by old players, since the number of new accounts created dropped by 2.3%, as the monthly average was 129,207 accounts.

The operators have spent €113.0 million on various marketing activities, which is 5.3% more than in 2022. Promotions took €53.0 million, €45.2 million was spent on advertising, while €14.0 million was spent on affiliates. Sponsorships took €750,000.

In Q4, Spain recorded 78 licensed active operators. A total of 49 were licensed for casino games, 43 for sports betting services, nine of them offered poker, three bingo games, and two contests.

Source: Fletcher, Robert. “Spain: online gambling revenue edges up to €315.3m in Q4”. iGB. February 27, 2024.

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Endorphina Secures Agreement with Casino777 in Spain https://kenowizard.com/2024/02/21/endorphina-secures-agreement-with-casino777-in-spain/ https://kenowizard.com/2024/02/21/endorphina-secures-agreement-with-casino777-in-spain/#respond Wed, 21 Feb 2024 07:26:41 +0000 https://kenowizard.com/2024/02/21/endorphina-secures-agreement-with-casino777-in-spain/ Endorphina, the well-known international supplier of slot games for online casinos, has announced that its presence on the Spanish market will become stronger following the signing of a partnership with Casino777, an online casino that operates in this market. In the statement which announces the partnership, Endorphina expressed their belief that “2024 is going to [...]

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Endorphina, the well-known international supplier of slot games for online casinos, has announced that its presence on the Spanish market will become stronger following the signing of a partnership with Casino777, an online casino that operates in this market.

In the statement which announces the partnership, Endorphina expressed their belief that “2024 is going to be a very successful year” for the company after having managed to enter “an impressive number of markets” in 2023. Earlier this year the supplier reached an agreement with Trisigma, one of the leading Testing Laboratories in the iGaming industry, in order to certify its games for a number of European markets.

Fantastic Partnership

endorphina_partners_with_casino777_in_spain_Speaking about the deal with Casino777, Zdenek Llosa, Senior Partnership Manager at Endorphina, declared that the company was “excited” about its journey in the Spanish market. He also revealed that successful slot titles such as Book of Vlad, Water Tiger, Ultra Fresh, Glory of Egypt and Dynamite Miner have entered the offering of Casino777 and said that he was looking forward to “a strong cooperation” with the online casino.

Robert Harutyunyan, Head of Business Development at Endorphina, declared himself “thrilled” to be able to launch the company’s games with Casino777 in Spain. “We are excited to bring top-notch entertainment to their player base and look forward to growing our fantastic partnership,” the Endorphina executive added.

César Paredes García, Country Manager at Casino777, expressed his delight at having secured a partnership with Endorphina. “Working with suppliers of the caliber of Endorphina to offer the best experience to our users is essential for us,” the Casino777 executive explained. The online casino brand launched back in 2015 and it offers slot games, table games, live casino and even sports betting.

Endorphina is one of the world’s most popular iGaming providers, with the company being present on the market since 2012. Its vast portfolio of games counts over 150 titles at the moment and it includes very popular releases such as Hell Hot 100, King of Ghosts, Solar Eclipse, Joker Stoker and Magnum Opus.

The company’s efforts have also received recognition at industry events. So far Endorphina has received ten major industry awards, including BSG Award 2023, The Best Slots Provider at Sigma Awards 2022 and Best Game Developer at UGW Awards 2021. Moreover, Endorphina created a partner network that currently has more than 2,500 members globally.

Source: “We Are Continuing Our Journey In The Spanish Market By Partnering With Casino777!“. Endorphina. February 14, 2024.

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