A number of online gaming operators including Ladbrokes, Bet365 and Betway have allowed certain of their Spanish licences to lapse, but changes to the country’s method of regulating events on which companies are allowed to offer bets may see some have to reapply for certification.

Four operators, including Barcelona-based Golden Park Games, Ladbrokes, Bet365 and Spread Your Wings Spain Ltd - the former Sportingbet subsidiary now owned by William Hill - have seen their licences covering bets on non-sporting events lapse.

A spokesperson for Ladbrokes explained that the company did not see sufficient value in offering bets on non-sporting events such as political elections or the Oscars, although he stated the company “might go back in” for the licence if the market began to mature.

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