Spain is tightening its regulatory framework for online gambling by imposing a daily betting cap of €700 and banning the use of home equity as collateral for gambling-related credit.
The measures, reported by Jornal de Negócios, are designed to curb problem gambling and protect consumers from high-risk financial exposure.
The rules will officially come into force on March 25 of next year.
The daily limit is not absolute; users can request an increase to the ceiling, but any adjustment will only take effect after a mandatory three-day cooling-off period.
This delay is intended to prevent impulsive decisions during moments of heightened gambling activity.
The ban on using residential property as collateral removes a significant avenue for high-stakes borrowing, effectively capping the financial risk individual players can take on against their primary assets.