• Portugal Gambling Tax
• Portugal Gambling Tax

Portugal Gambling Laws Citizens of Portugal have access to most forms of gambling but the government strictly regulates who may offer what. There are exactly 11 land-based casinos in the country that offer all the staple games you would expect to find in a casino. Portugal - Online Gambling Report - 2016Q1 to 2020Q2. Europe - Land-Based Gaming Report - 2006 to 2019. International Gaming Machine.

Portugal could join France and Italy in shared poker liquidity before the end of May, according to Stars Group chief executive Rafi Ashkenazi.

In July last year, regulators from France, Italy, Spain and Portugal signed a deal to allow operators active across more than one of the markets to merge their player pools.

France and Spain are both already active within the pool, with various operators licensed by regulators in both of the countries taking advantage of the scheme.

Gambling in Portugal: A potential breach of freedom Tiago Marreiros Moreira and Filipa Relvas of Vieira de Almeida & Associados evaluate the reasons behind Portugal’s differing tax strategies for land-based and online gambling activities. High taxation on the online gambling sector may be justified by public order reasons. In Portugal, gambling is considered an “atypical and sensitive economic activity”, which must be closely monitored to prevent organised crime and money laundering. Portuguese legislation prohibits anyone under the age of 18 from entering casinos. Land-based casinos’ opening hours are restricted to 12 hours per day.

In February, the Portuguese Gambling Regulatory Authority (SRIJ) approved a resolution to authorise shared liquidity with other countries, and the nation is now seemingly ready to join, with PokerStars gearing up to launch.

Speaking in an earnings call, Ashkenazi said its PokerStars.PT Portugal-facing site will connect with the network “potentially very soon”.

In January, PokerStars rolled out a shared player pool between locally licensed online poker markets in France and Spain, and its Portugal site now looks set to also join the shared pool.

“Portugal is likely to be added to the pooled liquidity this month, potentially very soon,” Ashkenazi said on the call,

“I’ve no doubt that this will boost the revenues we are currently generating in Portugal.”

Portugal Gambling Tax

Portugal Gambling Tax

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