The General Directorate for the Regulator of Gambling (DGOJ), Spain’s gambling regulator, has handed out $77.4 million in financial penalties to 14 illegal gambling operators.
As a result of violating Spanish gambling regulations and providing illegal gambling services within the country, the DGOJ has banned all of these penalized companies from operating in Spain for two years.
From here, the 14 iGaming companies that were fined as part of the extensive investigation of the DGOJ include:
Wot NV, Magicwin Games Tech LTD, Winbet NV, Spicyjactpos Games Tech LTS, Lama Tech Limited, Chestoption Limited Liability Company, Pennytech Holding BV, Group Game BV, Mibs NV, Fgs Software Solutions SRL, Investan NV, Tinietech Holding BV, Adonio NV and Techsolutions Group NV.
According to the details of the penalties, the DGOJ fined 13 of the above-mentioned operators with $5 million for “very serious” violations of Spain’s gambling laws that apply to illegal gambling activity, and one unnamed operator with $10 million for what seems an even more serious breach of the law.
Additionally, all operators who received a fine from the DGOJ have already been shut down and barred from operating within the Spanish gambling market for at least two years.
The DGOJ issued an official statement it highlighting the authority’s commitment to ensuring a safe, transparent, and secure gaming ecosystem for its Spanish players:
These sanctions reflect the DGOJ’s commitment to consumer protection and strict compliance with the legal framework for gambling in Spain, especially against unauthorized operators who jeopardize the safety of players.
This development comes after the DGOJ’s first-ever anti-money-laundering meeting for the Spanish gaming sector that took place in February of this year, which is on course with the meeting between the DGOJ and the United Gambling Commission during the latter’s Spring Conference to discuss critical issues from within the iGaming sector, including identity theft in iGaming.
