Spanish Commission Backs iGaming Reforms

Spain’s competition watchdog, Comision Nacional de los Mercados y la Competencia, has come out in favor of gaming reforms including loss limits and time limits on every online session.

Spanish Commission Backs iGaming Reforms

Spain’s Comision Nacional de los Mercados y la Competencia (CNMC), which is a watchdog on competition and markets, is endorsing most online gaming reforms being proposed by the government. Including loss limits for every online session.

It is being consulted on proposed regulations by the Ministry of Consumption.

It has so far said it favors mandatory loss and time limits for every online casino session, as well as messages to players every half hour that will detail how much they have played and lost.

In a statement, the CNMC declared, “The CNMC considers that, in general terms, this decree does not present unjustified restrictions on competition, insofar as it is based on an overriding reason of general interest (public health in the form of prevention of gambling addiction) and insofar as the conditioning factors for the exercise of the activity present a correct adaptation to the principles of good regulation.”