Portugal Gambling License

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By TPN/Lusa, in Business · 10-08-2017 14:24:00 · 0 Comments

A license for gambling in Montenegro is necessary for every entrepreneur who is going to establish a gambling business in the real or virtual world. Online rooms can cover players from different countries, however, if they are under the jurisdiction of Montenegro, then the rules of the country must be respected by both the owner of the casino. Portugal's new internet betting law came into drive in 2015, yet it was not until the point when last May that a first permit was issued. French internet betting administrator Betclic was the first to enter the recently directed market by getting a permit for the arrangement of games wagering administrations.

Portugal Gambling LicensePortugal gambling license bureau

Estoril Sol has been given a three-year licence to run online odds-type betting where the players play against the operator, it said earlier this week.

Portugal Gambling License

The licence covers the internet site www.estorilsolcasinos.pt/ and is valid until 3 August 2020, unless it is renewed in the meantime.
Odd-type bets are bets where the gambler bets an amount of money against the operator based on preset odds.

On 29 April 2015, the Portuguese government approved the law for online gambling in Portugal.

Portugal Gambling License Plate


Portugal Gambling License

Portugal Gambling License Requirements

Gambling

Portugal Gambling Authority

Two years after the law came into force, Turismo de Portugal, which is responsible for this activity, had received 19 applications and attributed six licences.

Portugal Online Gambling License