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Portugal – Portugal to launch online gaming market on June 28

By - 6 May 2015

Portugal’s government is hoping that opening the country up as a new online gaming market will attract enough national and international operators to raise an extra €25m in tax revenue.

The country’s Secretary of State for Tourism, Adolfo Mesquita Nunes, confirmed that Portugal’s legalised online gaming sector will launch on June 28.

Mr. Nunes said: “We are preparing everything so that on June 28 the technical control structure is operating. We want to sign up as many operators as possible, particularly international operators.”

March saw the country’s Council of Ministers agree a bill to establish the necessary framework for the legislation. Licensees will be awarded by regulator Santa Casa de Misericordia de Lisboa, and will run for three years. The Portuguese online gaming sector will include casino games, sports betting, horse racing, poker and bingo. Taxation will be set between 15 and 30 per cent for casino operators and eight and 16 per cent for sports betting operators.

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