The General Directorate of Gambling Regulation (DGOJ) in Spain has announced funding for 26 research projects with the key objective of reducing gambling harm.
In April the Spanish Ministry of Consumer Affairs initiated the application process for funding gambling-related research projects.
A total of 37 research projects were submitted by universities, health institutions, R&D centres and non-profit entities focusing on harm and conditions associated with gambling activities.
According to the (DGOJ):
“These grants are aimed at carrying out research studies on disorders derived from gambling activity, with the prevention of the effects derived from said disorders or the risks associated with gambling.”
The research
A budget of €1.3 million has been available for this research which subsequent to the State Research Agency evaluation selected 26 projects to receive portions of.
The execution period for these selected projects has now been extended until June 30, 2024.
These projects aim to study disorders stemming from gambling and mitigate their effects and any of its associated risks.
The gambling industry in Spain
Casinos are by some way the leading form of gambling in the nation, followed by slot machines and live roulette. So popular in fact that Spain’s Q2 gross gambling revenue increased by 55.1 percent to €312.6 million.
The sports betting segment saw the most significant percentage growth during the quarter, with revenue reaching €133.3 million, up 118.9% from the previous year.
Player deposits also increased by 19.6 percent year-on-year but decreased by 2.0 percent compared to Q1, while withdrawals were 3.0 percent higher than in 2022 and 2.3 percent lower than in the first quarter.
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