Portugal Gambling License
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.
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.
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.