Portugal Online Gambling Law In Force (update)

Advent of online betting and gaming license awards progresses

Following Portugal's entry into force of new online gambling law this past weekend (see previous InfoPowa reports), its gambling authority Serviço de Regulação e Inspeção de Jogos (SRIJ) has published the necessary rules and requirements for the game and online wagering.
The SRIJ invites all stakeholders to participate on proposed rules and regulations within the next 10 days, saying it expects to release definitive technical requirements in the second week in August.
Relevant securities and tax rates are expected to be published in Portugal's Official Gazette within this week.
The Portuguese Government expects to raise upwards of Euro 25 million during 2015 with the implementation of regulated online gambling, planning to distribute the proceeds between the State, cultural activities and prevention and treatment of addictions.
Despite heavy criticism from Portugal's terrestrial operators who fought for exclusivity in offering online gambling, the Government said it aims to attract as many International operators as possible.
More information can be found at:
https://www.srij.turismodeportugal.pt/pt/jogo-online/regulamentos-instrucoes-e-orientacoes/

Online Casino News Courtesy of Infopowa

About the Author... Total Posts Written: 9,449
Casinomeister

Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
bryan@casinomeister.com

See More Posts