Betway Secures Spanish Gambling Licence Renewal Until 2029

Betway has secured a three-year renewal of its Spanish online gambling licence, allowing the Super Group-owned operator to continue offering sports betting and casino services in the country until the end of 2029.

The extension was confirmed through the licensing registry of Spain's Directorate General of Gambling (DGOJ), which also approved renewals covering roulette, blackjack and fixed-odds horse racing. The authorisations maintain Betway's regulated presence in Spain, where it has operated since the introduction of the country's online gambling licensing framework in 2012.

The renewal comes as parent company Super Group continues expanding its European operations while adopting a more selective approach to individual markets. Spain remains part of its regulated European portfolio despite the company's withdrawal from several other jurisdictions in recent years.

Betway Maintains Full Spanish Gambling Portfolio

Under Spain's gambling regulatory framework, operators must obtain general licences alongside specific authorisations for the gambling products they offer. These requirements mean that companies providing multiple forms of online gambling must maintain the relevant permissions for each category.

Betway's renewed authorisations cover its existing Spanish offering, including sports betting, fixed-odds horse racing, online slots, roulette and blackjack. The extensions allow the operator to maintain its current range of products without interruption, subject to ongoing compliance with DGOJ requirements.

The company first entered Spain's regulated online gambling market in 2012, obtaining sports betting and blackjack licences following the implementation of the country's Gambling Law 2011. Since then, Betway has developed its sportsbook and casino operations while adapting to significant changes in Spanish gambling regulation.

Spain has also remained a market of interest for Super Group's leadership. Chief Executive Officer Neal Menashe previously identified opportunities to increase the company's market share, although the group does not separately disclose financial results for its Spanish operations.

Super Group Reports 15% European Revenue Growth

The licence renewals follow a period of growth for Super Group's wider European business, which generated revenue of $360 million (£268 million) during the first nine months of 2026. This represented a 15% increase compared with the corresponding period in 2025.

The New York Stock Exchange-listed company operates the Betway sportsbook brand alongside its broader online gambling portfolio. However, its international strategy has increasingly focused on markets where management believes it can achieve sustainable profitability and maintain a competitive position.

Since 2024, Super Group has withdrawn Betway from several European jurisdictions, including Portugal, Italy and Sweden, as part of a review of markets that were not delivering satisfactory financial returns. The decision to renew its Spanish authorisations indicates that the company intends to retain its presence in the country for at least the next licensing period.

Betway previously invested heavily in Spanish football sponsorships to build brand recognition, beginning with agreements involving Levante UD, CD Leganés and Deportivo Alavés in 2018. The operator subsequently expanded its partnerships to include Real Betis, RCD Espanyol and Celta Vigo.

However, Spain's Royal Decree on gambling advertising introduced restrictions prohibiting gambling sponsorship of sports teams, requiring affected agreements to end following the 2020/21 season. The changes significantly reduced opportunities for betting operators to promote their brands through professional football and forced Betway to adjust its marketing strategy.

New Deposit Limits Set For March 2027

Betway's renewed authorisations also come ahead of further regulatory changes affecting all licensed online gambling operators in Spain.

The DGOJ is preparing to introduce a centralised deposit-limit system in March 2027, following a six-month technical adaptation period. Unlike operator-specific limits, the new framework will monitor deposits across a player's accounts with multiple licensed gambling companies.

The system will apply default deposit limits of €700 per day, €1,750 per week and €3,300 over a four-week period. Operators will be required to connect their systems to the centralised platform and verify whether proposed deposits fall within each player's remaining allowance before accepting funds.

Players will be able to request adjustments to their limits, although changes will remain subject to regulatory safeguards designed to support responsible gambling and prevent excessive spending.

The introduction of the system will require licensed operators, including Betway, to complete the necessary technical integrations and adapt their account management procedures. It represents another significant development in Spain's regulatory approach, which has increasingly focused on gambling advertising restrictions and consumer protection.

With its licences now extended until the end of 2029, Betway has secured the regulatory permissions needed to continue operating its existing Spanish sportsbook and casino portfolio. Its ability to expand market share will depend on commercial performance and its response to the country's evolving regulatory requirements.