Tag Archives: Portugal

Luckia points to a ‘cautious approach’ for Portuguese market entry

Spanish gambling group Luckia (Grupo Egasa) has confirmed that it will expand its commercial operations within Portugal, having been granted a license to operate sports betting and gambling provisions by Portuguese authorities. Closing its 2017 accounts, in which the Galician operator recorded group revenues €500 million, Luckia governance states that ‘Portugal will be the firm’s next new market destination’. However, …

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BetVictor’s Million Pound Bet scooped by 17,042/1 shot

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Online gaming organisation BetVictor has concluded its World Cup Million Pound Bet campaign, which has seen one unnamed lucky punter land a bet with odds of 17,042/1 to come out on top. Rewarding the customer with the largest winning bet with the biggest odds across any World Cup market, the triumphant customer, who requested to remain anonymous, placed the winning …

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Playtech continues Portuguese expansion

Omni-channel betting and gaming supplier Playtech has detailed the launch of Placard.pt, a venture by Portugal’s largest online gaming and betting operator, Sociedade de Apostas Sociais (“SAS”). The launch follows Playtech striking a landmark deal for SAS to use its IMS player management platform and new Playtech BGT Sports (“PBS”) online sportsbook offering earlier this year. Now live, Placard becomes …

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The World Cup’s Finest with IBAS MD Richard Hayler

In The World Cup’s Finest we ask various individuals to delve into their own personal history of football’s quadrennial showpiece extravaganza, selecting a number of favourites as well as revealing what is their very first World Cup memory. Joining us this afternoon is Richard Hayler, Managing Director of Independent Betting Adjudication Service (IBAS), who addresses two English strikers both charged …

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Preparing for Remote Gaming Duty increase: Should operators be looking beyond the UK?

Owen Tustin, VP Gaming, Relationship Management at emerchantpay, looks at the ways that UK operators can prepare for the mooted increase in taxation in the jurisidictions by looking internationally. Much has been written about the likely impact of the impending increase in Remote Gaming Duty (RGD) on UK-licensed operators. As the Government looks to recover an expected £400m shortfall in tax …

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SBC’s guide to the World Cup group stage

The much anticipated Russian World Cup kicks off imminently, opening the floodgates to a plethora of group stage football. The Luzhniki Stadium in Moscow will host what’s sure to be a spectacular opening ceremony, raising the curtain to a feast of football, as 32 nations battle for a place in the coveted knockout stages of football’s showpiece event. The tournament kicks off …

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Aspire global unveils Portuguese expansion

Aspire Global has announced that it is expanding with the launch of a sportsbook in Portugal. The move comes after the company’s platform was legally and technically certified for the sports vertical, with local partner Cofina Media being granted a betting license. Aspire Global entered the newly regulated Portuguese market at the end of September, 2017, through the launch of …

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SAS set to go live with new Playtech powered sportsbook

SAS - Copyright: jaboy / 123RF Stock Photo

A new Sociedade de Apostas Sociais (SAS) sportsbook is set to go live with an exclusive online and mobile offering powered by Playtech. The software provider has signed a deal to provide the regulated Portuguese operator with its IMS player management platform and new sportsbook offering. The digital offering from Playtech BGT Sports (PBS) is a single, integrated solution for both desktop …

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BtoBet and iSoftBet team up and target market expansions

BetBright

BtoBet, voted Rising Star in Sports Betting Innovation at the SBC Awards 2017, and iSoftBet are to join forces in a bid to expand into regulated markets. The new partnership is aimed at ‘offering a wide range of exciting games to the ever demanding i-gaming players,’ with the European, Latin American and African markets very much the target. Maja Janevska, …

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Portugal’s online gambling law ‘fails to reduce unregulated market’

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A report commissioned by the Remote Gambling Association, has estimated that 68% of Portuguese online gamblers wager via unlicensed operators within the country. The Eurogroup Consulting Report, based on an online gamblers survey, “demonstrates that the Portuguese legislation has not achieved one of its key objectives, namely reducing the unregulated offer.” Regulator Serviço Regulação e Inspeção de Jogos do Turismo …

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