Industry News
Portuguese gamblers wager through unlicensed operators
A new report commissioned by a commission estimated that 68 percent of gamblers wager through unlicensed online operators.
The Remote Gambling Association commissioned a report that revealed that 68 percent of Portuguese online gamblers do so through unlicensed operators in the country. The report leaves an alarming amount of unanswered questions regarding online gambling regulation in Portugal.
The report, which was based on an online gamblers survey, said that it shows that the Portuguese legislation has not achieved one of its key objectives, namely reducing the unregulated offer. The local gambling regulator, Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) gave away its first online license in 2016, a year after the government approved a regulated online gambling market.
Pierre Tournier, Director of Government Relations at the RGA, said: “The legal regime for online gambling that was adopted in 2015 is clearly failing to combat the unregulated market and change is much needed to make the regulation work. We strongly believe that the Portuguese government should follow examples of other European countries that have successfully regulated the sector by adopting a GGR-based tax and waiving some of the restrictions such as the sports catalogue, which would attract more operators in Portugal.”
Moreover, the report reveals that whilst 38 percent of locals wager through online operators, 30 percent do so on both licensed and unlicensed, only 39 percent of them gambling on online operators licensed by the local regulator. People surveyed said that offshore operators offer better odds than local operators.
The RGA is a London & Brussels-based trade association whose members are all licensed for gambling purposes in Europe. Its membership includes most of the world’s largest and most respected online gambling companies, many of whom also have interests in terrestrial gambling establishments. The RGA is committed to promoting a well-regulated environment for responsible licensed operators in the world’s remote gambling markets.
-
Industry News6 days ago
Pennsylvania Skill, powered by Pace-O-Matic, congratulates PA Gaming Control Board and casinos on a banner 2024 with record monthly revenue
-
Latest News6 days ago
FBM Foundation spreads holiday cheer with initiatives in Brazil and the Philippines
-
Asia6 days ago
India Levels Up: Emerging as a Global Gaming Powerhouse in 2024
-
Latest News3 days ago
SOFTSWISS Game Aggregator: Largest Content Hub Certified in Brazil
-
Compliance Updates6 days ago
Stakelogic Secures License to the newly regulated Danish market
-
Aquisitions/Mergers7 days ago
NODWIN Gaming Acquires AFK Gaming
-
eSports3 days ago
8Bit Creatives Joins Forces with ESFI as Talent Partner for WAVES Esports Championship 2025
-
Asia6 days ago
Nazara Publishing Announces Android Beta Release Date for FAU-G: Domination