Spanish gambling faced immense pressure from Consumer Affairs Minister, Alberto Garzón, is he destined to be the sectors villain as it attempts to mature? Read more about the finalised Royal Decree on Gambling Advertising.
Spanish Minister of Consumer Affairs, Alberto Garzón, is determined to undermine the success seen by the Spanish gambling sector. Despite Spain having some of the lowest problem gambling numbers in Europe and the much-needed income from the sector, Garzón continues to lambast gambling as being a public health concern with statements like:
“The regulation has to be similar to [that of] tobacco. We are not regulating the textile sector here, but a sector that has an impact on public health."
His proposal is not to ban online gambling and betting but to limit the advertising reach of the sector by imposing severe limitations on when they can be aired, where they can be aired and what can be said.
Multi-Million Euro Impact
The proposal that was submitted to the European Commission for approval contained approximately 100 changes to Spain's advertising laws focused purely on the execution of gambling adverts.
Garzón called the proposal the first steps in taking the gambling sector to task for the danger it represents to the Spanish people. He glibly acknowledged that he expected it to reduce current advertising spend by 80%, which is projected at losing the Spanish marketing and advertising more than €130 million in lost revenue.
Approved Royal Decree on Gambling Advertising
The Spanish government responded to the proposal submitted by Garzón on February 24th, agreeing to the following changes:
As you can see the meat of the changes focuses on limiting the access of children to gambling advertising or being influenced by a personality they look up to into becoming involved in gambling, a move we fully support.
With the massive Above the Line advertising restrictions it will be interesting to watch the Spanish market adapt to the limitations. It will most likely lead to an increase in digital advertising which could see a significant revenue boost for websites, forums and newsletters that serve the Spanish market.
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