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Spanish national lottery to launch fixed-odds sports betting

14th March 2013 9:09 am GMT

Spain’s national lottery operator SELAE has been given the green light to launch a fixed-odds sports betting service at its retail locations across the country and online.

The move follows a period of declining revenues from the state lottery’s pool betting products, which now face competition from online operators and the licensing of land-based operators by a number of Spain’s autonomous regions.

“In our land-based selling points, we see the average age of our customer increasing,” [...]

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