Spain to grandfather existing gambling sponsorship deals … for now

Spain will grandfather existing online gambling sports sponsorships after imposing its proposed ban in October, although the government isn’t yet sure how long a grace period will be permitted.

On Friday, Spanish media quoted Consumer Affairs minister Alberto Garzón saying there would be a “short transition period” for the country’s sports clubs to rid themselves of their online gambling sponsors after the Royal Decree on gambling advertising takes effect in October.

Garzón (pictured right) has been made to look foolish over the past couple weeks as a flurry of new sponsorship deals between online bookmakers and Spanish football teams was announced. Garzón has accused betting operators of “huge recklessness” for mounting “an absurd challenge” to the government’s stated aims.

This month has already seen Betway sign second-division footballers RCD Espanyol de Barcelona; MarathonBet re-up with Sevilla FC; William Hill re-up with Málaga CF and ink a new deal with UD Logroñés; Grupo Orenes’ Versus brand sign a three-year pact with Atletico de Madrid; Betsson sign UD Ibiza while La Liga inked a four-year Asian-facing partnership with M88.