Spanish regulator inks information sharing agreement with tax authorities

The Spanish Gambling Authority (DGOJ) has agreed an increased information sharing deal with Spain’s Tax Agency (Agencia Tributaria, AEAT).

The agreement establishes a framework for increased collaboration between the two entities around fraud prevention and anti-money laundering. Under the agreement, the DGOJ will share the identity number, date of registration and player account information with the AEAT. Player ID verification documentation will also be provided.

Player data shared by the DGOJ will include the balance of player accounts, total deposits, withdrawals, prizes received by players and recognised promotional bonuses.

At an operator level, the two agencies have agreed to share the names and websites of all licensed operators, the total stakes received by each operator and operator gross gambling revenues. Information on all operator bonuses and prizes will also be provided.

For its part, the AEAT will provide the DGOJ with full information on the tax paid by licensed operators in the Spanish market, allowing the DGOJ to ensure operator compliance with Spanish gaming tax laws.

As part of the agreement, the two agencies have agreed to investigate all incidents arising from the exchange of information in this area. The agreement is valid for four years but may be terminated earlier in case of a breach by either party.

In November, the DGOJ released new regulations for operators restricting the amounts players can deposit and withdraw without providing identity verification documentation. Under the rules, which came into effect in March, players who do not provide documents to substantiate their identities will be barred from gambling via accounts on licensed operator sites.