CASINO REVENUES IN 2016 REGION
ALGARVE TROIA
FUNCHAL ESTORIL
FIGUEIRA DA FOZ ESPINHO
POVOA DE VARZIM PEDRAS SALGADAS TOTAL
CASINOS Vilamoura
Monte Gordo Algarve Troia
Madeira Lisbon Estoril
Figueira da Foz Espinho Chaves
Povoa 11
Margarida Pereira on behalf of the SRIJ said: “According to the legal framework for online gambling the whole system is under evaluation since the first licence was issued and over the next two years. So until May 2018 a reassessment report shall be presented to the Portuguese government considering the results of that evaluation.”
During the first 10 months of the market opening the government had received nearly half of the €82.2m revenue generated at the time by the first six online licensees.
OPERATOR
Solverde Solverde Solverde Amorim
Pestana Group Estoril Sol Estoril Sol
REVENUES TOTAL PER REGION
€32m (total)
€4m €8m
€80.8m €59.2m
Amorim -Sociedade €14.9m Figuera Praia. Solverde Estoril Sol Solverde 4
BetClic has apparently said that taxes claimed nearly 66 per cent of the company’s Portuguese revenues to date, leaving little for marketing or other costs. Betclic says unless it fails to make a profit from its Portuguese operations it could be forced to leave the market.
ANAon (National Association of Online Gamblers) would like to see the betting tax on gross gaming revenue replaced with a more commonplace tax on betting revenue. ANAon was formed in 2012 by Paulo Rebelo and has now launched a petition to see taxes reduced. Tis they say will:
€44.6m €44.4m €7.7m
€295.8m l Increase competition.
l With greater supply the higher the odds l educe the demand for an illegal market.
l
Provide greater control of fraud and gambling on authorised sites.
THE CASINO MARKET Tere are 11 casinos operated in eight zones
operated by four companies. Total revenues for the casino sector in 2016 amounted to €295.8m.
NEWSWIRE / INTERACTIVE /
247.COM P53
GROWTH +8%
-9.1% -7.3% +2.3% -3.8% +0.2%
+7.1% +5.8% +14.1%
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