PariPlay Strike Partnership with MGA Games

Opportunity for Growth

The Spanish iGaming sector is experiencing growth of late despite the strict restrictions in place in recent times. The growth was overtly mentioned by PariPlayin in their latest press release. Spain has seen a rise of over 15% in its last quarter at the time of writing.

The sports betting industry suffered a dip during the pandemic thanks to sporting event cancellations. In turn, online casinos experienced a bump, particularly in the online poker section where revenues improved by just under 100%.

This is PariPlay’s third new market of the year having entered the Portuguese and Swiss gambling markets earlier in 2021.

Spanish Restrictions

The Spanish restrictions are tight due to advertising rules. Recent changes have made restrictions stricter and one of the largest changes pertains to the sponsorship of sports teams. A lot of high profile Spanish sporting clubs rely on finance from the gambling industry but will need to find alternative sponsors by September of 2021. In addition to this, gambling adverts have rules on when they can air as well as a welcome bonus ban.

The Minister of Consumer Affairs in Spain, Alberto Carzon, said that the new regulations are positive that impose rules to help everyone and regulate the industry.

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