Connect with us

99.9% uptime sounds reliable, until you realise it means 8+ hours of downtime a year. For an iGaming operator, it is a business threat. One hour offline during a major promo can erase months of planning, budget, and player trust. Multiply that by eight.

The future of sports betting: BETBY sportsbook is focused on innovation through deep industry knowledge, state-of-the-art software & endless customization possibilities.

Latest News

Casino Portugal issued ninth Portuguese online gambling licence

Published

8 years ago

on


New online license issued in Portugal
Reading Time: < 1 minute

Regulatory and Inspection Service of Portuguese Tourism Games (Serviço Regulação e Inspeção de Jogos do Turismo de Portugal / SRIJ) announced that Sociedade Figueira Praia is set to operate an online casino under the Casino Portugal brand. The company that received the ninth online gambling license in the country had received an online sports betting license in June.

Chairman of Sociedade Figueira Praia’s parent company Amorim Turismo, Jorge Armindo Teixeira, said that the expansion to the online sector is intended to consolidate the growth achieved in the first months of sports betting operations. The ninth licensee casinoportugal.pt will count with the help of providers iSoftBet and NetEnt to fill its online casino portfolio.

Last month, SRIJ granted Estoril Sol a sports betting license. The company that operates the Casino Estoril, Casino Lisboa and Casino da Póvoa has been in Portugal for more than five decades.

Moreover, SRIJ also announced the second quarter results of 2017, where the seven registered online gambling licensees reported revenue of US $30 million. The results establish the first series of decline ever since the market was launched a year ago, and the second-lowest since the third quarter of 2016, when US $28.4 million were reported. To the end of June, the online gambling market in Portugal has generated revenue of US $127 million approximately.

Related Topics:

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Advertisement

Trending (Top 7)

Discover the Magic of EuropeanGaming.eu – Your Gateway to the Gaming Universe

At the heart of the ever-evolving gaming and gambling industry lies EuropeanGaming.eu, a trailblazing online platform that has become the go-to destination for industry professionals, enthusiasts, and stakeholders. As part of HIPTHER, we’re redefining how the gaming world connects, informs, and inspires.

More Than News – A Hub of Insight and Innovation

Reaching over 300,000 readers monthly, EuropeanGaming.eu goes beyond headlines to deliver compelling stories, expert insights, and the latest industry news. From regulatory updates and compliance breakthroughs to the pulse-pounding world of esports and technological advancements, we provide comprehensive coverage of the topics that matter most:

  • Online and Land-Based Gaming
  • Betting and Esports
  • Regulatory and Compliance Updates
  • Cutting-Edge Technology in Gaming

Whether it’s daily news, exclusive interviews with industry leaders, in-depth event reports, or press releases that set the tone for the future, our content resonates with a global audience while maintaining a focus on Europe’s dynamic gaming market.

Bringing the Industry Together

Our impact doesn’t stop at digital content. EuropeanGaming.eu is a proud host of virtual meetups and industry-leading conferences that spark dialogue, foster collaboration, and drive innovation. Through detailed reports and live events, we create a space where operators, suppliers, regulators, and professional services come together to shape the future of gaming.

Why EuropeanGaming.eu?

At HIPTHER, we believe in empowering the gaming community with knowledge, connection, and opportunity. EuropeanGaming.eu embodies this spirit by serving as a one-stop resource for the latest trends, market developments, and global perspectives. Whether you’re an industry veteran, a rising operator, or a gaming enthusiast, this is where you find the stories that drive progress.

Get In Touch

Let’s shape the future of gaming together!

Copyright © 2015 - 2025
European Gaming is proudly part of HIPTHER. Registered in Romania under Proshirt SRL, Company Number: 2134306, EU VAT ID: RO21343605.
Office Address: Blvd. 1 Decembrie 1918 nr.5, Târgu Mureș, Romania

Join us as we celebrate a decade of delivering excellence and embrace the magic of what’s to come in 2025 and beyond!

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.