RubyPlay Expands to Spain with Luckia Gaming Partnership

RubyPlay-expands-into-Spanish-market-with-Luckia-Gaming-Group-partnershipRubyPlay, a prominent name in the gaming industry, has officially expanded its presence into the Spanish market through a strategic partnership with Luckia Gaming Group. This collaboration introduces RubyPlay’s acclaimed games portfolio to Spanish enthusiasts via Luckia’s well-established online casino platform.

Game Integration and Market Expansion

Among the highlighted titles debuting on the Luckia platform are the popular Immortal Ways® Diamonds and Mayan Cache. These games have already started to make a significant impact, resonating well with the local player base. The inclusion of these games not only broadens the variety available to Spanish gamers but also strengthens RubyPlay’s foothold in the European gaming landscape.

Eloy Fernandez, Head of Product at Luckia Gaming Group, expressed enthusiasm about the partnership, stating, “RubyPlay’s reputation for delivering award-winning and player-focused titles, such as the Immortal Ways series, makes us confident that this partnership will elevate our offering.”

Comments from RubyPlay’s Leadership

Dr. Eyal Loz, RubyPlay’s Chief Product Officer, elaborated on the company’s strategy, noting, “Our commitment to global growth in regulated markets continues, and the addition of our exciting games to Luckia’s platform is sure to capture the attention of its player base.”

This move is part of RubyPlay’s broader strategy to penetrate regulated markets globally following successful launches in other countries.

Broader Implications and Future Prospects

The integration of RubyPlay’s games into the Luckia platform is facilitated by Light & Wonder’s aggregation platform, which effectively connects players, studios, and operators. This technology ensures a seamless distribution and access to gaming content, enhancing user experience across the board.

Earlier in the year, RubyPlay expanded its reach by launching its game portfolio on Brazil’s Betsul platform and incorporating its offerings into Serbia’s MaxBet platform. Additionally, partnerships with major operators like Snaitech, NetBet Italy, PokerStars, and Microgame have paved the way for RubyPlay’s entry into the Italian market via the Playtech Open Platform (POP).

RubyPlay’s partnership with Luckia Gaming Group marks a significant step in its ongoing strategy to expand its global presence in regulated markets. With its high-quality, player-centric games now available to the Spanish market, RubyPlay is set to further cement its position as a leader in the gaming industry.

Source:

RubyPlay Expands into Spanish Market with Luckia Gaming Group Partnership, July 22, 2024.

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Spain Appoints Urbiola as Dedicated Minister for Federal Gambling Reforms

Spain-appoints-Urbiola-as-‘dedicated-minister-of-federal-gambling-reformsThe Council of Ministers of Spain has appointed Andrés Barragán Urbiola as Secretary General of Consumption and Gaming. In this role, Urbiola will oversee Spain’s ongoing federal overhaul of gambling laws, a directive led by the Ministry of Consumer Affairs. This appointment is part of a broader strategy to strengthen the regulation and safety of Spain’s gambling sector.

Leadership and Legislative Reforms

Pablo Bustinduy, Spain’s Minister of Consumer Affairs and Social Rights, advocated the need for a dedicated minister to oversee gambling reforms. Bustinduy has assumed the remit of gambling reforms from his predecessor, Alberto Garzon, who chose not to serve in Spain’s new ‘progressive left’ coalition government.

Since 2020, under Garzon’s leadership, Spain has undertaken a significant reorganization of its gambling laws, focusing on unified standards and centralized controls for both online and land-based gambling. Key among these reforms was the “Royal Decree on Gambling Advertising,” which reshaped the gambling landscape by banning betting sponsorships and restricting gambling advertisements to late-night hours.

In 2023, Garzon introduced the “Royal Decree on Responsible Gaming Environments,” preparing the Spanish gambling industry for additional changes. These include the implementation of a centralized player registry and the mandatory documentation of risk profiles for younger consumers, particularly those under 25.

Strategic Appointment

Appointing Urbiola as Secretary General of Consumption and Gaming is a strategic move by Spain’s government to continue its rigorous overhaul of gambling laws. Urbiola, who has a strong background in economic policy and financial analysis, was personally selected by Bustinduy to lead the federal reforms for the gambling sector.

Urbiola brings diverse experience from his tenure at the Ministry of Economy, Commerce, and Business, where he played a pivotal role in designing support measures for companies during the pandemic and planning Spain’s Transformation and Resilience Recovery Plan. His expertise in economic strategy and policy development makes him well-suited to navigate the complexities of gambling reform.

Focus on Compliance and Safety

As Secretary General, Urbiola’s primary focus will be on implementing and enhancing the measures laid out in recent decrees. By 2024, he aims to ensure that Spanish gambling operators comply with some of the strictest regulations in Europe. This includes strict adherence to advertising restrictions and robust mechanisms to protect younger and vulnerable consumers from gambling-related harms.

The appointment underscores Spain’s commitment to fostering a safer gambling environment and addressing gambling addiction challenges. It aligns with the new Action Plan on Addictions for 2025-2028, which Bustinduy will lead, focusing on comprehensive strategies to mitigate the risks associated with gambling.

Source:

Spain appoints Urbiola as ‘dedicated minister’ of federal gambling reforms, SBC News, June 25, 2024.

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Gaming Innovation Group Signs New Deals in Spain and Argentina

gig_sign_deals_for_spain_and_argentinaGaming Innovation Group (GiG), one of the world’s most prominent software solution providers for online casinos and sports betting websites, has announced that its global footprint has further expanded following the signing of two new partnership agreements in Spain and Argentina.

The first partnership was the one signed with Juegging, a major operator in the Spanish market who owns land-based venues, an online casino, and a sports betting website. The operator decided to migrate onto X-Suite, the turnkey management platform that GiG offers to its customers.

This will allow Juegging to revamp its sports betting offering while expanding the number of payment methods available. Moreover, the online casino and sports betting operator will be able to offer content from more providers since the GiG platform comes with plenty of games from several international suppliers.

The Spanish market is a very important one for Gaming Innovation Group because it is expected to generate almost 2 billion euros in gross gaming revenues per year by the end of the next three-year cycle.

Big Deal in Argentina

The CoreX platform developed by Gaming Innovation Group is set to make its grand entrance into the Argentine market through a new partnership with SIGAR S.A., a local operator of land-based casinos and slot halls.

GiG has become a very powerful presence in the Argentine market as it has partnerships in place with brands operated in the seven regulated provinces of the country. In 2021 the company marked a crucial moment when it received approval to operate in Buenos Aires from LOTBA, the gambling regulator of the City of Buenos Aires.

SIGAR S.A. is planning to expand its business online and that is why it entered the partnership with GiG as the software provider has plenty of experience when it comes to taking land-based casino operators into the online world. In fact, GiG has signed multiple such partnerships in recent years both in Latin America and in Europe.

The market in Latin America is a very lucrative one as well, it is expected to generate over 3.7 billion dollars in revenue next year according to data supplied by Statista.

Gaming Innovation Group was founded in 2012 and since then has developed into a powerful brand, recognized anywhere in the world. The company operates out of Malta and is listed both on the Oslo Stock Exchange and on Nasdaq Stockholm.

Source: “GiG bags a brace of deals for Spain and Argentina, with two new partners for its iGaming platform CoreX and Sportsbook, SportX“GiG. March 21, 2024.

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Wazdan Partners with Gran Madrid Casino Online to Increase Presence in Spain

Wazdan, an experienced supplier of premier content to the iGaming industry, has entered a partnership with the prominent Spanish operator Gran Madrid Casino Online. Under the terms of the deal, the supplier will provide its extensive slot portfolio to the online casino through the aggregation platform Light & Wonder, one of the leading aggregators in the industry.

Content Supply Deal

wazdan-announces-partnership-with-gran-madrid-casino-online-via-light-wonderwazdan-announces-partnership-with-gran-madrid-casino-online-via-light-wonderThe partnership represents a huge step forward for both companies in accomplishing their respective strategic objectives. Since the launch of its operations more than a decade ago, Wazdan has been working to always secure the best possible content for its operator and aggregator partners. The commitment to quality has resulted in the provider’s expansion across more than 25 markets worldwide. Therefore, the latest partnership deal marks a significant milestone for the provider to extend its reach in the Spanish jurisdiction.

At the same time, Gran Madrid Casino Online has secured a strong foothold in Spain with its customer-oriented approach based on the same business principles as those exercised by its partner to this deal. The operator will use the Light & Wonder platform to offer the Wazdan’s suite of top-performing titles to players. Such an extended offering is set to expand the Gran Madrid Casino Online’s player pool, as well as reinforce the casino’s prominent position in the Spanish market.

Portfolio Now Available

The operator launched its operations in 2011 to now boast the most comprehensive catalogue in the iGaming sector. It currently includes more than 2,000 classic and new slots to anchor the company’s status of a leading online casino in the jurisdiction. The catalogue will now be expanded by the Wazdan’s portfolio of more than 180 premier titles.

The Chief Commercial Officer for Wazdan, Andrzej Hyla, said:“Partnering with Gran Madrid Casino Online marks a pivotal moment for Wazdan as we expand our presence in the Spanish market. We are thrilled to collaborate with a visionary operator renowned for its exceptional gaming offerings and dedication to providing top-notch experiences to players.”

Safe and Responsible Gaming Operations

The strategic partnership will bring the provider’s cutting-edge content to the Spanish market. Wazdan will benefit from the increased presence in the jurisdiction, while Gran Madrid Casino Online expects to benefit from the diversified offerings of high-quality content. As both partners are focused on the adherence to the principles of safe and responsible gaming operations, the deal is likely to be beneficial for the entire Spanish player community.

Source: “Wazdan Announces Partnership with Gran Madrid Casino Online Via Light&Wonder”. European Gaming. December 11, 2023.

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Spain Sees 55.1% Increase in Q2 Gambling Revenue

spanish-gambling-revenue-up-55.1-year-on-year-to-312.6m-in-q2With the daily development of the iGaming industry, the numbers showing the increase or decrease in profits of a market are constantly changing. Spain is one of the markets that can boast improvement!

Spain’s gross gambling revenue (GGR) experienced substantial growth in the second quarter of the year, rushing by 55.1% year-on-year to reach €312.6 million. This strong performance was driven by substantial gains in sports betting earnings, which more than doubled during the period.

Total income for the quarter outpaced last year’s numbers and was also 2.5% higher than the first quarter, according to data released by Spain’s regulatory body, the Directorate General for the Regulation of Gambling (DGOJ).

Casino and Slot Machine Revenue Surge

Casino games, which are proven to be one of the most popular games, developed the highest GGR in Q2, totaling €149.9 million, marking a 27.9% boost compared to the previous year and a 4.5% rise from Q1. Slots stood out and its income saw a noteworthy growth of 29.9% year-on-year, while live roulette GGR increased by 8.9%.

The sports betting element witnessed the most impressive evolution, with GGR reaching €133.3 million, marking a staggering 118.9% boost from the previous year. Pre-event sports betting GGR also contributed and grew by 1.8% compared to Q2, while live betting GGR increased by 3.5%Horse racing bets soared by 22.7%, although GGR from other sports bets fell by 15.1%.

Other Gaming Verticals

Poker GGR reached €25.8 million, a 27.6% increase from the previous year, although it was 5.8% lower than the first quarter. Tournament poker GGR was up by 38.1% approximated to Q2 of 2022, and cash poker GGR also saw a 4.9% increase.

However, Bingo GGR contributed and reached €3.5 million, up by 5.5% from the previous year and also 5.5% higher than Q2 this year. Contests GGR amounted to €140,000, a substantial 1,464.9% boost from last year, but it was 41.5% lower than Q2.

Marketing Expense and Player Activity

Player stakes rose by almost 20%, while withdrawals were 3.0% higher than in 2022 but 2.3% lower than in the first quarter. Licensees’ total marketing spend in Spain reached €96.6 million, with promoting spending up by 7.7% from last year, affiliate spending mounting by 56.2%, and sponsorship skyrocketing by 225.2%. However, promotions were down by 1.7%.

The number of active gaming accounts increased by 11.4% from the previous year to 1,134,993, while the monthly norm for new accounts fell by 3.0% to 102,804 users.

The DGOJ also reported that 78 licensees offered some form of gambling during Q2, with 43 presenting sports betting, 50 delivering casinos, nine contributing poker, three presenting bingo, and two offering contests.

Source: ”Spanish gambling revenue up 55.1% year-on-year to €312.6m in Q2”. iGamingBusiness. September 21, 2023.

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