- Portugal Online Gambling Rules
- Portugal Online Gambling Real Money
- Sapo Portugal Online
- Portugal Online Gambling Websites
Portugal's regulatory body the Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) published the results of licensed online gambling for the first half of 2020. Online gambling reportedly earned €139m, a 44% rise compared to €96m for the same period in 2019.
Despite the suspension of major sporting events in March, the SRIJ stated sports betting turnover was €90.7m in Q2, a drop from €149m in Q1; betting revenue for Q2 was €20.7m.
/RouletteTable-58c2bb9a5f9b58af5c9ea220.jpg "Portugal Online Gambling")
In February 2015, Portugal's Council of Ministers passed a bill to regulate the country's online gaming market. The government planned to license and tax a broad spectrum of online gaming products, including casino games, sports betting, poker and race wagering. The bill was signed by the President in April 2015. The Portuguese Association of Online Betting and Games (APAJO) is calling on authorities to take more action against illegal gambling operators, following the findings of a new study on gambling habits. Regulatory News Updates – June 1-June 5, 2020. However, the newly established Portuguese Gambling Inspection Service hopes to issue the first online licences by the end of the year, creating a gap of six months where operators cannot hold a permit, but could be considered illegal. Online sports betting in Portugal kicked into gear in May 2016 when the government launched a regulated market for online gambling. Unsurprisingly, the Portuguese love betting on football and this dominates over three-quarters of all sports betting turnover. Basketball and tennis are also popular. In Portugal, the online legal framework regulates the operating of and engagement in casino gaming, poker, bingo, fixed-odds sports betting and pari-mutuel and fixed-odds horse race betting, when engaged in such activities remotely through electronic, IT, telematics and interactive media, or by any other means.
Portugal Online Gambling Rules
Online casino turnover was €1.3bn, a 39% increase compared to Q1, and revenue for Q2 was €48.4m, compared to €35.3m for the first quarter of 2020. Online casino turnover for H1 was €2.3bn, with April raking in €479.3m and June dropping to €372m.
Portugal Online Gambling Real Money
Sapo Portugal Online
In February 2015, Portugal's Council of Ministers passed a bill to regulate the country's online gaming market. The government planned to license and tax a broad spectrum of online gaming products, including casino games, sports betting, poker and race wagering. The bill was signed by the President in April 2015. The Portuguese Association of Online Betting and Games (APAJO) is calling on authorities to take more action against illegal gambling operators, following the findings of a new study on gambling habits. Regulatory News Updates – June 1-June 5, 2020. However, the newly established Portuguese Gambling Inspection Service hopes to issue the first online licences by the end of the year, creating a gap of six months where operators cannot hold a permit, but could be considered illegal. Online sports betting in Portugal kicked into gear in May 2016 when the government launched a regulated market for online gambling. Unsurprisingly, the Portuguese love betting on football and this dominates over three-quarters of all sports betting turnover. Basketball and tennis are also popular. In Portugal, the online legal framework regulates the operating of and engagement in casino gaming, poker, bingo, fixed-odds sports betting and pari-mutuel and fixed-odds horse race betting, when engaged in such activities remotely through electronic, IT, telematics and interactive media, or by any other means.
Portugal Online Gambling Rules
Online casino turnover was €1.3bn, a 39% increase compared to Q1, and revenue for Q2 was €48.4m, compared to €35.3m for the first quarter of 2020. Online casino turnover for H1 was €2.3bn, with April raking in €479.3m and June dropping to €372m.
Portugal Online Gambling Real Money
Sapo Portugal Online
Portugal Online Gambling Websites
The highest number of players recorded was in March with 60,000 and the greatest dip in the player count was in May with 33,500. The SRIJ also stated that despite being relatively new, the country's online gaming market proved to be capable, and able to 'resist and adapt' during a time of enormous change as June saw the market return to pre-pandemic levels of activity.
