The Spanish government has approved the call for subsidies from the igaming industry to fund research by public and private entities into problem gambling and the prevention of gambling disorders.
The Spanish government has approved the call for subsidies to be levied against the online gambling industry. The Consumer Ministry made the announcement referring to an extract from the Order of April 13th, 2023. It approves the call for subsidies, during the financial year 2023, for the development of research activities related to the prevention of gambling disorders with the effects derived from said disorders or risks associated with this activity.
Where Will The Funding Flow?
Several entities may qualify as beneficiaries for subsidies, provided their tax residence is in Spain or they have a permanent establishment in Spanish territory. Such entities include the following:
What Will The Fund Aim to Achieve?
These subsidies levied from the online gambling industry are to be used to fund projects in the following lines of research:
The maximum allocated finance for these projects is €1,680,000, and the starting date of the project is January 1st, 2023. If necessary, it can only be extended to June 30th, 2024.
The deadline for submitting applications is one month from the day following the publication of the extract of the Order of April 13, 2023, in the Official State Gazette.
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