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Strengthening the foundations of safer gambling, Spain has authorized a new deposit limit system across its online gambling landscape. This structure assures that online users do not exceed a stipulated financial threshold within a specific period. The incoming system, a beacon of safe gambling, is planned to implicate all online gambling operators, focusing on restricting gamblers with multiple accounts from surpassing the pre-set deposit limit.
The Move Towards Safer Gambling
This contemporary deposit limit structure is an elaboration of the prevailing responsible gambling instruments. The Directorate General for the Regulation of Gambling (DGOJ) interprets the deposit limits as a reiteration of the government’s resolve to safeguard consumers and bolster the safer gambling norms put into effect in the previous years.
The measure, as DGOJ states, “provides an additional and complementary tool that enables the self-regulation of the deposits made by the participants, and hence signifies an enhancement in the protection of the player, concordant with the measures concerning safe gambling adopted in the recent years.”
This newer, stricter regulation is applicable across Spain’s 17 autonomous regions. The Royal Decree, responsible for the implementation of the modifications, has set different deadlines for each region. One of the significant amendments involves an individualized strategy for people identified as problem gamblers.
Personalized Approach and Mastercard Payments
Identified problem gamblers will receive tailor-made messages that shed light on their monthly gambling activities. These individuals are given a response window of 72 hours to these messages. Noncompliance within this timeframe will result in the suspension of their accounts.
Another worthy mention is the acceptance of Mastercard payments under this new regulation. This inclusion provides an additional layer of financial security and convenience to the players, thus further fortifying the safer gambling initiative.
In summary, Spain’s new deposit limit system, backed by the DGOJ and the Royal Decree, champions the cause of responsible and safer gambling. The system serves as a testament to the nation’s commitment to consumer protection, ultimately shaping a secure and reliable gambling environment.
The system further provides additional support through the establishment of a centralized online location where licensees can check the records of all individuals subject to this regulation. Through this, licensees can easily check for any discrepancies and ensure smooth operations.
