The development, evolution and diversity of leisure activities is a fact that is evident in all modern societies, constituting an economic area of increasing importance. This implies the need for specific attention on the part of the administration to these activities and a regulation commensurate with its economic and social dimension and impact.

Moreover, the progressive extension of new communication technologies to all social areas has an undeniable impact on the world of leisure, where an important group of users shows preference for develop your options through remote connections.

The approval of Law 13/2011, of 27 May, of regulation of the game, has come to establish the regulatory framework for the access to the exploitation and development of state-wide gaming activities, allowing the opening of the market to a plurality of operators.

This opening of the market is realized through the titles that enable the operators of the game for the exploitation, of a part, of the modalities of the game collected in the Law, through the general licenses and, another, of each of the regulated game types, through the singular licenses.

With this Order, it is necessary to comply with the requirements of prior regulation that, for the granting of the singular licenses, establishes Article 11 of Law 13/2011, of 27 May, of regulation of the game, approving the Basic regulation of the so-called "Other counter-bets", defined as those whose object of betting is not related to the world of sport or to that of the horse, which, from the granting of the first licenses unique, may be offered on a competitive basis.

This new regulation establishes a basic regulation which can be developed by the National Gaming Commission and which will be complemented by the private rules of private character that the various operators will have to develop and propose together with their application for a singular license and finally govern the development of the game and the operator's relations with the participants.

In short, the bases of a regulation aimed mainly at the protection of the participants and of the public interests that converge in the activities of the game, in particular the protection of the children and dependents, the prevention of gambling, and compliance with the provisions of Law 10/2010 of 28 April on the prevention of money laundering and the financing of terrorism.

Article 5 of Law 13/2011, of 27 May, of regulation of the game, attributes to the Minister of Economy and Finance the competence to establish, by Ministerial Order, the basic regulation for the development of each game.

In its virtue, I have:

Article 1. Approval of the Basic Regulation of "Other Counterpart Bets".

The basic regulation of the so-called "Other Counterbets", of a state-wide scope, defined as those counterparties ' bets, as defined in Article 3 (c) of Law 13/2011, is approved. May 27, regulation of the game, in which the bets are placed on events whose nature does not correspond with the world of the sport nor with that of the horse, but that it corresponds with the ambit of the society, the means of communication, politics, economics, shows, culture, or similar, and which is listed as Annex I to this Order. The provisions of this Order shall be without prejudice to the powers of the Autonomous Communities in matters of planning and regulation of the games and bets developed, in person, in public establishments. dedicated to recreational activities.

Article 2. Limits on guarantees linked to the singular license for the holding of "Other Counterbets".

The limits corresponding to the guarantees linked to the singular license for the holding of "Other Counterbets" listed as Annex II of this Order are approved.

Article 3. Economic limits for participation in "Other counterparties".

The economic limits are approved for participation in "Other Counterbets", which is listed as Annex III of this Order.

Final disposition first. Authorization to the National Gaming Commission.

1. The National Gaming Commission is authorized to make the necessary provisions for the development and implementation of this Order.

2. The National Gaming Commission is authorised to adopt all the provisions necessary for the development and implementation of the provisions of the Basic Regulation of "Other Counterpart Bets".

3. The National Gaming Commission is authorized to establish the procedure governing the granting of singular licenses and the authorization of occasional gambling activities, in accordance with the provisions of this Order. Ministerial and in the regulations of the development of Law 13/2011, of 27 May, of regulation of the game. This procedure shall lay down the requirements to be required of operators and the supporting documentation to be submitted by operators.

Final disposition second. Entry into force.

This Order shall enter into force on the day following that of its publication in the Official Gazette of the State.

Madrid, November 8, 2011. -Vice President of the Government of Economic Affairs and Minister of Economy and Finance, Elena Salgado Méndez.

ANNEX I

Other "Other Counterpart Bets"

Index

Chapter I. General provisions.

Article 1. Object and scope of application.

Article 2. Definitions.

Chapter II. Enabling titles.

Article 3. Required enabling titles.

Article 4. Validity and extension of the singular license.

Article 5. Guarantees linked to the singular license.

Chapter III. Relationships between the operator and the participants.

Article 6. Particular rules of "Other Counterbets".

Article 7. Claims of the participants.

Article 8. Reporting obligations to participants.

Article 9. Promotion of the games.

Article 10. Channels and means of participation.

Chapter IV. Development of "Other Counterpart Bets"

Article 11. Purpose of "Other Counterbets".

Article 12. Amount of "Other Counterbets".

Article 13. Formalization of betting and cancellation of events.

Article 14. Game development, award determination and allocation.

Article 15. Payment of prizes.

CHAPTER I

General provisions

Article 1. Object and scope of application.

purpose of this Regulation is to lay down the basic rules to be followed by operators for the development and exploitation of the "Other counterparties", according to the definition Article 3 (c) of Law 13/2011, of 27 May, of regulation of the game, as well as in the drafting and elaboration of its particular rules, without prejudice to the competences that correspond to the Autonomous Communities in the field of planning and regulation of games and bets developed, in person, in public establishments engaged in recreational activities.

Article 2. Definitions.

For the purposes of this Basic Regulation, the terms used in this Regulation shall have the meaning set out in this Article.

1. Another counterpart bet. It is the bet on which the participant bets against the game operator, obtaining the right to prize in the case of approaching the forecast on which the bet is placed, and the prize being the result of multiplying the amount of the participation by the the operator has previously validated the forecast for the forecast. The bet is placed on the outcome of one or more events included in the programs previously established by the gaming operator, or on facts or circumstances that are part or developed within the framework of such events and which have been previously set in the corresponding program by the gaming operator.

2. Minimum bet unit. It is the amount that corresponds to the minimum amount that can be played on each bet.

3. Event. It is the event related to the society, the media, the economy, the shows, the culture, or the like, previously determined by the operator in the corresponding program, which is developed in the framework of a the competition or the margin of competition, the organisation of which corresponds to persons, associations or entities independent of the operator, and which presents an uncertain and foreign outcome to the betting operator and the participants. An event may never be related to the world of sport or to the world of horse riding, nor to competitions involving other animals other than horses. The events on which the counterparty bets are placed must have a determinable result, which allows all parties to intervene in the bets to have certainty of the outcome. They may not be the subject of counter-betting events which are against the dignity of persons, the right to honour, personal and family privacy and the image itself, against the rights of youth and children or against any other Constitutionally recognized right or freedom.

4. Event suspended. It is the event that, once initiated, has been interrupted before reaching its scheduled end. Suspended events can offer valid results if it is established in the particular rules of the betting.

5. Event cancelled. It is the event that, for reasons other than the game operator and the participants, does not come to be held or, being celebrated, its results are not considered in the bets.

6. Event postponed. It is the event that, for reasons other than the game operator and the participants, does not start at the scheduled time. The postponed event, unless the particular rules of the game establish the opposite and determine an event to replace it, implies the postponement of the results of the bets.

7. Another simple counterpart bet. This is the forecast that is performed on a single result of a single event.

8. Another multiple counterpart bet. This is the forecast that is performed simultaneously on two or more results from one or more events.

9. Another conventional counterpart bet. It is that bet class whose time limit to be realized must be closed before the event starts. In the case of multiple bets, the deadline must be closed before the first event is held in chronological order of the contents in the bet.

10. Another live counterpart bet. This is the kind of bet that takes place during the time of the event on which it is based, either during its entirety or during the part of the event that the operator establishes in its betting program.

11. Bet coefficient. It is the figure that determines the amount that corresponds to a winning bet when multiplied by the amount bet. If the contrary is not established, the coefficient shall include the amount corresponding to the amount of the amount initially paid by the bettor who has won the prize. Each operator of "Other Counterparty Bets" shall set the coefficients associated with the bets placed on it, on the basis of its own initiative and the probability that the outcome of such forecast will occur. These coefficients may vary over the period of time of the placing of the bets. The coefficient fixed at each moment for a particular bet shall be unique.

CHAPTER II

Enabling titles

Article 3. Required enabling titles.

Operators interested in the development and exploitation of "Other Counterbets" shall have a general licence for the mode of betting, as defined in Article 3 (c) of Law 13/2011, of 27 May, regulation of the game, granted by the National Gaming Commission and request and obtain the corresponding singular license for the marketing of "Other" conventional "counterpart bets" or for the marketing of " Other "live betting", in accordance with the procedure laid down for the purpose in the law of the development of Law 13/2011, of May 27, of regulation of the game.

Article 4. Validity and extension of the singular license.

1. The special licence for the development and operation of 'Other counterparties' shall be for a period of five years, which may be extended, on application by the person concerned, for successive periods of the same duration, until the expiry of the licence. general in which you are loved.

2. The application for the extension of the singular license shall be addressed to the National Gaming Commission during the last year of its validity and at least four months in advance of the date of its completion, with the following proof:

a) Compliance with the requirements and conditions that were considered for obtaining the corresponding singular license.

b) The uninterrupted exploitation of the license for at least three-fifths of the duration of the singular license.

c) Payment of the tax on gambling activities and fees for the management of the game.

For the purposes of the accrual, settlement and payment of the fee for the administrative management of the game set out in Article 49.5.d) of Law 13/2011, of May 27, of regulation of the game, the extension of a singular license equating to the granting of a new license.

3. In accordance with the conditions referred to in the preceding number, the National Gaming Commission shall grant the requested extension and agree to its registration in the General Register of Game Licenses unless it is motivated to estimate that there are reasons for safeguarding the public interest, the protection of minors or the prevention of gambling addiction phenomena which justify the failure to carry out the requested extension.

Article 5. Guarantees linked to the singular license.

1. The National Gaming Commission may, in general, establish the obligation to provide an additional guarantee linked to the granting of the special licence for the development and exploitation of "Other counterparties".

The National Gaming Commission, if applicable and by resolution, will determine the amount of the guarantee linked to the unique license for the development and exploitation of "Other Counterbets" to be satisfied all operators within the framework of the provisions set out in Annex II to this Order.

2. The guarantee linked to the special licence for the development and exploitation of 'Other counterparties' is affected by the general obligations of the operator and, in particular, the specific obligations for the payment of the Prize money of the game of "Other Counterpart Bets" exploited by the operator and to the fulfilment of any other obligation that, in relation to the corresponding singular license, has been imposed by the National Commission of the Game, respecting In his case, the provisions of Article 77 of Law 58/2003 of 17 December 2003 Tax within the framework of Article 14 of Law 13/2011, of 27 May, of regulation of the game and its implementing regulations.

3. The additional guarantees referred to in this Article shall be constituted in the forms and under the conditions laid down in the Law 13/2011, of 27 May, of regulation of the game.

CHAPTER III

Relationships between the operator and the participants

Article 6. Particular rules of "Other Counterbets".

1. The development and exploitation of "Other Counterpart Bets" shall be governed by this Basic Regulation, by the provisions that the National Gaming Commission, by the terms of the singular license granted and by the National Gaming Commission, will be in development. the particular rules of each set drawn up and published by the operator.

2. The development and exploitation of "Other Counterpart Bets" requires the prior elaboration and publication of their particular rules, which have a private nature and are developed by the gaming operator, without prejudice to the oversight of the National Gaming Commission.

In particular rules, the rules of "Other Counterbets" operated by the operator, the awards program, and the principles that will govern the relations between the operator and the participants will be established.

3. The particular rules of "Other Counterpart Bets" must be published by the operator on their website and, by means of techniques appropriate to the means employed, must be accessible to the participants on a permanent, easy and free basis.

4. The operator shall notify the National Gaming Commission of the date of publication of the particular rules, as well as any changes they make to them.

Article 7. Claims of the participants.

1. The operator must have a system of care and resolution of any complaints and complaints from the participants and any person who may be affected by the operator's action, and shall establish in the particular rules of the (a) the procedures and means which will enable the participants to submit complaints and, in particular, the address or addresses to which they are to be addressed, the time-limits for the submission of complaints and those applicable to the the operator's response to them.

The complaints and complaints system of care and resolution must be easily accessible to potential stakeholders and must have at least an electronic access through the operator's website which will be of the date and time of receipt of the claims submitted by this path.

The attention to the participant must be at least in Spanish.

2. The time limit for filing claims shall be that set out in the particular rules of the game which shall not be less than three months from the date of the event on which the bet is placed.

The operator shall issue a communication addressed to the claimant, in which he shall acknowledge receipt of his complaint and in which he shall state the identity of the operator and the time limit in which he shall be informed of the decision taken.

The operator shall resolve the participant's claim within one month from the date on which it was received in the address (s) established for these purposes and shall communicate it to the claimant.

3. If the complaint is settled by the operator or, if applicable, one month after the complaint was filed without the person having communicated its decision, the participant may make a complaint to the National Gaming Commission that will resolve the complaint. within two months from the date on which the complaint was entered in its register, without prejudice, where appropriate, to the opening of the relevant sanctioning procedure if the operator had incurred any of the infringements. collected in Title VI of Law 13/2011, of May 27, of regulation of the game.

4. The expiry date of the awards shall be interrupted from the date of receipt of the complaint by the operator until the date on which the latter has communicated its decision to the claimant or, where appropriate, to the notification of the decision of the the National Gaming Commission.

Article 8. Reporting obligations to participants.

Game operators must provide complete and up-to-date information to participants, at least, in relation to the following:

(a) Information about the operator of the game and, in particular, enabling titles granted by the National Gaming Commission, trade name, social name, registered office and, where appropriate, address of whoever represents him in Spain.

(b) Information about the system of complaints that the operator has in place and referred to in the previous article. The information shall contain at least: postal and electronic address to which the complaints may be addressed, time limits for the submission of complaints and, where appropriate, standard models, and time limits for the communication of the decision. The operator must also be informed of the operator's obligation to issue a reply for each complaint received. The operator shall be obliged to communicate to the claimants the identity of the staff with whom they interact.

c) Information about the particular rules of the bets offered and on the forms of participation in the bets that the operator makes available to the participant. This information shall be true and readily available prior to the commencement of the participation and at any time during the participation.

(d) Detailed information, if any, about all circumstances which, in the case of the operator, may influence the outcome of the event or the facts or circumstances on which the forecasts are based.

(e) Information on the circumstances which may be established a priori and which, in the event of the event, will result in the suspension of the event and the cancellation of the bets; without prejudice to the suspension caused by unforeseen causes or unpredictable that may occur.

f) Information about the events or about all aspects or facts of the events on which bets may be placed, the various classes of bets offered, as well as the coefficient in force at any time for all bets that can be placed.

g) Information about the prizes that the participant would have obtained, about the amount that he has played or bet, as well as the balance of his/her game account, in the cases where the participation is made through a registration user.

h) Information to the participant about the Responsible Gambling policies developed by the operator.

The information referred to "Other counterparties", their denomination and form of presentation shall be offered in such a way as to avoid similarities with any other bets or games, or to induce confusion of the participant with respect to the nature of the bets.

The information that the operator offers to the participant must be provided at least in Spanish.

Article 9. Promotion of the games.

1. In the terms set out in article 7 of Law 13/2011, of May 27, of regulation of the game, the performance by an operator of gambling advertising, sponsorship or promotion of gambling activities, as well as the advertising or promotion of the same, can be performed according to these criteria:

a) That advertising is easily identifiable by its recipients.

b) To ensure that advertising activity is socially responsible, paying due attention to the protection of minors and other particularly vulnerable groups. Thus, in the case of minors, it should be avoided that advertising is aimed at them, or that it is particularly attractive for children and young minors, or that they have a significant role in the particular promotional activity.

c) In the event of its broadcast by audiovisual media, it must also respect the applicable provisions on commercial and self-promotion communications contained in Law 7/2010 of 31 March, General of the Audiovisual Communication, and in particular the provisions of Article 7 on the rights of the child. Special attention shall also be paid to the timing of the advertising of the gambling activity and the age rating of the programme together with which the programme is issued or inserted shall be taken into account.

2. In addition, the operator may carry out promotional activities for the offer of the games which it places on the market and offer bonuses for the registration or participation of the player provided such practices:

a) Do not be contrary to the provisions of this Basic Regulation or the regulatory regulation of the game.

b) Do not contravene the provisions of Law 34/2002, of July 11, of Services of the Information Society and of Electronic Commerce and Law 7/2010, of 31 March, General of Audiovisual Communication.

c) Do not alter the dynamics of the game.

d) Do not induce participant confusion regarding the nature of the game.

3. It is up to the operator to publish on its gaming platform the conditions of application and periods of validity of any promotional initiative that it develops, as well as the terms of it.

4. The National Gaming Commission may limit the maximum amount of promotional initiatives and bonuses to participants developed by the operator, in accordance with the terms of Article 7 of Law 13/2011 of 27 May of Regulation of the game, and in the regulations for which the aforementioned article is regulated.

5. Gaming operators will be able to offer free gaming applications on their platforms, as provided for in the regulatory regulatory framework for the development of Law 13/2011, of May 27, to regulate the game.

Article 10. Channels and means of participation.

1. The participation in "Other Counterbets", in accordance with the provisions of Article 1 of Law 13/2011, of 27 May, of regulation of the game, will be carried out through electronic, computer, telematic and interactive channels, in which the in-person means, if any, will have an accessory character.

2. The participation may also be carried out through physical terminal equipment which may be installed by the operators, subject to the appropriate authorization issued for the purpose by the Autonomous Community, in accordance with the territory in which they are intended. to install the terminals, in accordance with the relevant state and regional rules on gambling and gambling. These physical fittings must have been previously approved by the National Gaming Commission.

3. The counterpart bets may be placed using any mechanism, installation, equipment or system that allows the production, storage or transmission of documents, data and information, including any open communication networks or restricted as television, Internet, fixed and mobile telephony or any other, or interactive communication, whether in real time or deferred.

CHAPTER IV

Other Counterbets Development

Article 11. Purpose of "Other Counterbets".

1. The purpose of "Other Counterparty Bets" is the correct forecast of the outcome of one or more events included in the programs previously established by the gaming operator, or on facts or circumstances that are part or developed within the framework of such events and have been previously established in the relevant programme by the operator of the game.

2. In application of the particular rules of the game and the program established by the operator, the so-called Other counter bets can be simple or multiple.

Article 12. Amount of "Other Counterbets".

1. The price of "Other Counterbets" shall be that set by the operators in their particular rules, and shall be expressed in euro.

2. The National Gaming Commission may set a limit for the daily amount that the same participant can devote to his participation in "Other Counterbets." For these purposes, the natural day between 00:00 and 24:00 hours shall be understood.

Article 13. Formalization of betting and cancellation of events.

1. The formalisation and validation of "Other counterparties" shall be carried out by the means or means established by the operator in its particular rules of the game of those referred to in Article 10 (2) of this Regulation. base.

2. The formalisation and validation of other counterparties ' bets must be concluded within the time limit set by the operator in the particular rules of the game, which, in the case of conventional "Other Counterbets", will be before the start of the event contained in the betting program.

In multiple betting assumptions, the formalization of conventional "Other Counterbets" must be concluded prior to the start of the first event, in chronological order, of the contents in the bet.

In the case of "Other Counterparty Bets" live, the period must be concluded at the time the operator has included in the betting program and in any case, it will be before the outcome of the event on which the make the bets.

3. The operator will issue and provide each participant with the same means by which he/she placed the bet, a stub or accrediting document of each bet he has made. The proof or proof must contain, at least, the identification of the bet, the amount of the bet, the event in which the bet is involved, the type of bet, the forecast made, the coefficient assigned to the bet in the the time of their performance and the number or alphanumeric combination of security to identify it on an exclusive and unique basis.

4. Each of the so-called matching bets will be linked to the current coefficient for that bet at the time of its realization and will not be affected by the subsequent changes that the coefficient may suffer.

5. Operators shall establish in the particular rules of the game a forecast for the cases of suspension, cancellation or postponement of the events established in the betting programme and for the replacement, where appropriate, of those involved in him. It shall also establish the cases in which the betting shall be maintained or cancelled as a result of the suspensions, postponements or replacements. In any event, the right to the collection of prizes which may have been obtained by the participants for bets placed on facts or circumstances of the events that had been substantiated prior to the occurrence of the prizes must be guaranteed. the eventual suspension or cancellation.

6. The full amount corresponding to the participation in the bets which, once formalized, are cancelled by the operator in application of their particular rules, will be returned or made available to the participants in the form established in such particular rules, always without any additional costs or obligations for the participants.

7. The National Gaming Commission may establish obligations whereby operators are required to establish mechanisms to ensure the temporary limitation of participation in betting.

In addition, the National Gaming Commission, for reasons of safeguarding the public interest, protecting minors or preventing gambling addiction, may set limitations on the marketing hours of the game. live bets.

Article 14. Game development, award determination and allocation.

1. The so-called "Other Counterbets" shall be developed in accordance with the provisions of the particular rules of the game, in the provisions which the National Gaming Commission and in the corresponding Rules of Development in the development of the game dictate. the betting schedule set by the operator and which must be notified to the National Gaming Commission at least 10 days in advance of the date of the start of the participation. In this programme, the events, and the parts or aspects of the events, on which bets are to be placed on the market, must be included. Similarly, those events or aspects on which it is intended to market live bets must be clearly stated.

The National Gaming Commission may, in the light of the programme, provide a reasoned agreement on the suspension of the programme or, where appropriate, to urge the operator to make any changes that are necessary to ensure the protection of the participants. and in the public interest. In no case can bets be placed on the following types of events:

(a) Events that threaten the dignity of persons, the right to honor, personal and family intimacy and the image itself, against the rights of youth and children or against any right or liberty Constitutionally recognized.

b) Events whose outcome may not be sufficiently certain for their accreditation to be possible by an impartial third party.

c) Events where the impossibility of the betting operator being unable to influence the event organizer for the determination of the outcome is not credited.

2. The "Other Counterpart Bets" operator is responsible for establishing the schedule of events on which the bets will be placed and will inform the participants about the period in which they will be made.

The operator will in no case be able to offer bets on events that are not in the notified program to which the previous number refers.

3. The "Other Counterpart Bets" prizes are determined by the outcome of the events set out in the betting program.

A bet is deemed to have been awarded when the forecasts contained in the bet match the result considered valid, in accordance with the particular rules of the game.

4. After the event or events object of the bets, the operator will communicate to the participants, through the means that he would have set in the particular rules of the game, the valid results. Whenever possible and the medium allows for proper communication with the participant, the operator shall employ for the communication of the results the same means of the one used by the participant for the formalization of the bets.

In those events that are organized by any company, person, or public or private entity in general, where the organizer issues in a public and certain way the outcome of the event or the appearance of the event object of the bets, the result determined by the organizing entity is considered to be valid.

Otherwise, the result will be determined by the operator on the basis of the written tests, graphs, testimonials, etc. .., which he gathers, and which should preferably come from public sources. Whenever possible, these tests must be accessible for consultation by the participants through the website of the organizer. In the event that such accessibility is not possible, they will be displayed by any other means of consultation accessible to the participants. For the resolution of possible discrepancies, operators will have to offer in their own rules their obligatory submission to the decision of a mediation and arbitration system made by impartial entities based in Spain, without prejudice to the monitoring powers of the National Gaming Commission.

Other counterparties " will be required to submit to the National Gaming Commission, or to the arbitration and mediation institution that is determined, all information and all documentation with which they are have to determine the outcome of an event, if the Commission so requests.

5. Known the valid result of the event or events object of the bets, the operator will proceed to the assignment of the prizes to the participants who would have realized the forecasts that, according to the valid results of the events, would have been awarded.

6. The valid results of the events will be published by the operator on their website within twenty-four hours of the event. The published results shall be accessible, at least, from the date of their publication to the last calendar day which, in accordance with the particular rules of the game, shall be fixed for the lodging of a complaint pursuant to Article 7 (2) of the Treaty. Basic Regulations.

7. The National Gaming Commission shall establish the procedures and reporting obligations relating to the valid results of the events and the allocation of the prizes and, where appropriate, the additional publication obligations it understands. precise for the best protection of the participants and the public interest.

Article 15. Payment of prizes.

1. It is the creditors of the prizes that the participants have formalized the bets that, according to the valid result of the event or events on which the bets and the particular rules of the game were made, have resulted awarded.

2. The operator is obliged to pay the prizes obtained in "Other counter bets" since the result of the event or events on which the bets were made are known and will proceed to the payment of the prizes to the participants creditors in terms and conditions set out in the particular rules of each game.

The payment of prizes shall be initiated after the publication of the results of the events referred to in Article 14 (6) of this Basic Regulation.

3. The authorised operator shall pay the prizes in accordance with the rules of the game and, failing that, by the same means used for the payment of the participation. Payment of the prize in no case will entail additional cost or obligation for the award-winning participant.

The right to the collection of prizes shall expire within the period laid down in the particular rules of the game which shall not be less than three months from the day following the end of the event closing the corresponding program of bets.

4. The National Gaming Commission shall establish the additional procedures and obligations that are necessary in relation to the payment of the prizes for the best protection of the participants and the public interest.

ANNEX II

Limits of guarantees linked to the singular license for the holding of "Other counterparties"

Unique.

The National Gaming Commission will, by resolution, determine the amount of the guarantee linked to the singular license for the development and exploitation of "Other Counterbets" and will be fixed between five and twelve Percent of the operator's net income attributable to the activity subject to a singular license in the immediately preceding year. For this purpose, the net income of the operator shall be understood as set out in Article 48.6 of Law 13/2011 of 27 May of regulation of the game. During the initial period of the individual licences, the lodging of a guarantee shall not be required. The initial period of the singular licenses shall be computed in accordance with the provisions of the Law 13/2011, of May 27, of regulation of the game, which is applicable.

ANNEX III

Economic Limits to Participation in "Other Counterbets"

Unique. Deposit limits.

The amount of deposits made in the game account will be adjusted to the limits, which in this respect, will be established by the National Gaming Commission, in accordance with the terms of Law 13/2011 of May 27, of regulation of the game, and in its regulatory framework for development.