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Portugal’s online gambling market rebounds in Q3

George Miller

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Portugal online gambling market recovers in Q3
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The Serviço de Regulação e Inspeção de Jogos (SRIJ), the gambling regulator in Portugal, has cited a hike in sports betting activity as one of the main reasons behind a year-on-year rise in online gaming revenue during the third quarter.

For the three months through to September 30, overall online gambling revenue in the country amounted to €29.3m ($34.7m), which represents an increase of 21.5% on the corresponding quarter last year.

Sports betting revenue in Q3 came in at €16.3m, which is 16.6% more than in the second quarter of the current year.

The SRIJ put this increase down to the return of the club football season, with the sport accounting for almost 78% of all online sports betting in the three-month period.

Incidentally, the €7.1m in sports revenue generated in September is just short of the yearly peak of €7.3m set back in January.

Elsewhere, online casino revenue, including poker activity, amounted to €13.1m in the third quarter, which is 15% more than in the second quarter of the current year, put less than the opening three months of 2017.

Slots remain the main source of income in the Portuguese online casino market, with such gaming activity responsible for 42% of internet casino revenue in Q3.

For the year-to-date, to the end of September, total online betting revenue came in at €86.3m, with sports betting at €47.7m and online casino €38.4m.

The Portuguese online gambling market is only set to expand as the SRIJ awards more licence to operators.

Last month, the SRIJ granted its ninth online gambling licence Casino Portugal, with Sociedade Figueira Praia, a Portuguese land-based casino operator, to operate an internet casino site under its existing Casino Portugal brand.

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Asia

Rajasthan Government to Ban Online Gambling, Betting

Niji Narayan

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Rajasthan Government to Ban Online Gambling, Betting
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The Rajasthan state government is going to ban online gambling and betting.

The state government will bring a bill in the ongoing assembly session to make online gambling a cognisable offence and introduce strict penal provisions including a jail term and steep fines.

Considering online gambling and betting to be a social evil, the government has given its approval to amend the Rajasthan Public Gambling Ordinance 1949. The bill will be tabled in the house soon.

The Rajasthan Public Gambling (Prevention) Bill 2021 has strict provisions to stop online gambling and betting. Those who run gambling dens and those who gamble are also being brought within the ambit of the new law.

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Latest News

Betsoft Goes Wild with its Latest Release “Safari Sam 2”

Niji Narayan

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Safari Sam 2
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Game lovers around the world are eagerly waiting for Betsoft Gaming’s new game, Safari Sam 2. The game is scheduled for release on 22 April 2021.

This 5 reel 50 pay line slot will take its players to new levels of gaming exhilaration. The game is full of features, free spins and more. To enjoy these, join Sam on his savannah safari for a stack of winnings.

Players can attack the SAFARI STACKS using a classic grid, with 3 identical symbols stacked on top of a reel, to pay out a three-of-a-kind prize. Matching symbols collapse while new symbols drop down to grant ever more chances to win. Stacks can keep occurring until there are no more triple vertical matches.

The key is the COMPASS WILD. This can substitute for all the symbols except the Acacia Tree, which is also a SCATTER.

Each spin could sound THE CALL OF THE WILD where up to 4 reels will be completely covered by the Compass WILDS for huge pay-outs.

More Acacia Tree symbols mean more free spins and wins.

Three Acacia Trees will trigger 7 FREE SPINS plus pay out 3x the bet. Four Acacia Trees pay 12x the bet plus 12 FREE SPINS while Five Acacia Tree symbols pay 50x the bet plus 20 FREE SPINS.

Each Free Spin guarantees a CALL OF THE WILD! And with the potential to win 505x your max bet, you can surely spin and win your way to sunset on the savannah with Sam.

“The Betsoft team are highly experienced in taking a popular product and giving it a unique flavour. Safari Sam 2 is a fantastic example and we anticipate this game will fast become a huge favourite with our players,” Simona Adjroud, Head of Account Management at Betsoft Gaming, said.

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Baltics

Finnplay Integrates BetGames.TV to Platform

George Miller

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Finnplay Integrates BetGames.TV to Platform
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Finnplay, the Nordic supplier of iGaming technology and services announces the integration of the hottest rising star in live dealer gaming, BetGames.TV.  BetGames.TV is the world’s leading producer of live broadcast fixed odds and outcome-based games. Together, Finnplay and BetGames.TV represent the strength of iGaming technology and innovation coming from the Nordics and Baltics. The deal also marks BetGames.TV’s first entrance into the Nordic market.  

Liliya Alenina, VP of Games at Finnplay says, “We are very excited to offer BetGames.TV titles to our partners.  The company has been on the rise, winning industry accolades and strong demand from operators.  The games bring an exciting, immersive and unique experience to players and we are very pleased to have them onboard our platform.” 

Aiste Garneviciene, COO of BetGames.TV says, “We are proud to have our award-winning iGaming experience available on the Titan platform.  Finnplay is a highly respected technology provider with international reach and a strong track record of growth, compliance and technical performance.  BetGames.TV will bring its award-winning, immersive gaming experience to many more players around the world through the Titan platform.” 

 

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