Week’s Most Important News in the World of Gambling (August 2 – August 8)

Booming Games has secured B2B licence from Hellenic Gaming Commission for Greek market

Booming Games has strengthened its European presence by securing a B2B licence from the Hellenic Gaming Commission (HGC). This approval allows the company to supply its popular slot games to licensed operators in Greece.

Week's Most Important News in the World of Gambling (August 2 - August 8)

Greek players can now enjoy hit titles. More releases will follow as Booming Games expands its offering in the region.

The move underscores Booming Games’ commitment to operating in regulated markets. The company works closely with local authorities to ensure compliance, security, and responsible gaming practices. Its new Greek licence adds to an impressive roster of certifications in the UK, Spain, Denmark, Sweden and Italy.

Frederik Niehusen, Chief Commercial Officer at Booming Games, said: “Securing our B2B licence from the Hellenic Gaming Commission marks a significant milestone for us. Greece is a dynamic market, and we’re thrilled to bring our content to licensed operators while delivering first-class entertainment to players nationwide.”

Last month, Booming Games officially launched its popular slot titles on Starcasino.nl, strengthening its presence in the Netherlands.

Gambling participation in Spain surges over 20% in 2024

Gambling activity in Spain increased sharply in 2024, jumping by more than 20%, according to the latest Report on Gambling Activity in Spain from the Ministry of Social Rights, Consumer Affairs and the 2030 Agenda.

In particular, the number of active online players rose to 1,991,550. This surge came after the return of welcome bonuses in April 2024—promotional offers that had been banned since 2020.

Looking at demographics, the breakdown shows a clear trend: four in five players are men, and around 85.7% are aged between 18 and 45.

From a financial standpoint, operators generated more than €8 billion in profits last year. Of this total, state-licensed online gambling accounted for €1.45 billion.

By segment, the results were as follows:

  • Casino games: €730.7 million
  • Sports betting: €608.8 million
  • Poker: €100 million — notably, the only category to see a drop in online revenue.

The legal landscape also shifted during the year. The Spanish Supreme Court partially annulled Royal Decree 958/2020, ruling that some restrictions on gambling promotions must be set by law rather than by decree. Consequently, this decision opened the door for gambling companies to offer welcome bonuses again.

As a direct result, operators spent €526 million on marketing in 2024. Specifically, this included €261 million on promotions, €203 million on advertising, and €56 million on affiliate marketing.

However, this policy reversal may be short-lived. Minister Pablo Bustinduy has announced plans to reinstate the welcome bonus ban, with the proposal set to be included in the upcoming Customer Service Law.

This announcement comes against the backdrop of regulators imposing more than €140 million in fines on gambling operators in 2024. Ultimately, the Minister stressed that consumer protection remains the top priority.

Montenegro has introduced new gambling laws with stronger public health and anti-money laundering safeguards

Montenegro has introduced sweeping new reforms to its gambling sector, replacing the old concession model with a modern licensing system supported by real-time digital monitoring.

Importantly, the reforms focus on public health, player protection, and financial transparency. As part of these changes, underage betting is now a criminal offence, and all players must undergo mandatory identification and video verification before gambling.

In addition, online betting operators will pay a 10% tax on net gaming revenue, while winnings over €300 will face a 15% personal income tax at payout. According to the government, these rules aim to boost tax revenues while also curbing illegal activity.

Finance Minister Novica Vuković said the reforms show the government’s determination to regulate a sector that has long lacked oversight. Furthermore, the law meets demands from the European Council for stronger anti-money laundering (AML) measures and improved fiscal transparency.

However, some gambling industry stakeholders warn that strict penalties—including criminal charges and licence revocation—could destabilise the regulated market.

Over the past two years, Montenegro has banned offshore betting platforms and restricted online payments. Currently, transactions are limited to cards or in-person methods. Initially, the government had considered allowing only cash deposits for online gambling, but it dropped the plan after industry pushback. Critics argued the proposal would have undermined European AML objectives.

CALENDAR
March 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
Archive
VipCasinoPay
Our partner Sweet Bonanza © Copyright 2020 VipCasinoPay | The content of the website is created only for an audience over 18+. If, according to the law of your country or personal restrictions, the content of our website is prohibited for you to view, we strongly ask you to leave it.