Reports PORTUGAL - ONLINE UPDATE
The inspection and regulation of the gambling sector is performed jointly by the Gambling Commission (Comissão de Jogos) which is responsible for issuing gambling licences and regulations and the Regulação e Inspeção de Jogos - the Gambling Regulation and Inspection Services (SRIJ) - which is the body behind the enforcement and compliance of the gambling framework. The SRIJ is an integral part of the Institute of Tourism in Portugal and comes under the Secretary of State of Tourism.
IMPACT OF COVID FIRST HALF YEAR REVENUES 1H 2019
GGR TOTAL
Sports Betting Casino gaming
VOLUME OF BETS TOTAL Sports Betting Casino gaming
€95.9m €47.8m €48.1m
€1.55bn €243.4m €1.31bn
€30m of bets annually with progressive rate up to a maximum of 16 per cent) on the turnover for sports betting.
Te proposed law to amend the regime was introduced in the State Budget of 2020 and stated online gambling (casinos) should now pay a set 25 per cent on gross revenue, whilst sports betting now pays eight per cent on the amount of bets placed or 35 per cent if gamblers play against each other.
Tere is no tax on player winnings and the State Budget has called for an assessment of the tax changes which is due at some point this year.
Te inspection and regulation of the gambling sector is performed jointly by the Gambling Commission (Comissão de Jogos) which is responsible for issuing gambling licences and regulations and the Regulação e Inspeção de Jogos - the Gambling Regulation and Inspection Services (SRIJ) - which is the body behind the enforcement and compliance of the gambling framework. Te SRIJ is an integral part of the Institute of Tourism in Portugal and comes under the Secretary of State of Tourism.
P54 WIRE / PULSE / INSIGHT / REPORTS
1H 2020 €138.9m
€55.2m €83.7m
€2.53bn €239.9m €2.29bn
VARIATION +44.9%
+15.6% +74.1%
+62.5% -1.5%
+74.4%
Meanwhile, state-run games are operated by a monopoly system run by the Santa Casa de Misericórdia de Lisboa (SCML) which is a public entity exclusively responsible for the National Lottery, land-based sports betting, and horse racing.
Te Santa Casa de Misericórdia is a Portuguese charity founded in Lisbon in 1498 by Queen Leonor of Portugal. It’s a Catholic brotherhood and the oldest working NGO in the world and has similar organisations created in other countries like Brazil and Macau.
Te gaming department is run under the corporate brand Jogos Santa Casa and regulates its activities whilst also creating money for various charities and organisations. Since 2004, SCML has had a monopoly right to provide all types of lottery games.
Te Portuguese market isn’t huge in terms of operators. Land-based games of chance are essentially conducted through casinos and bingo halls mostly and based on concessions granted through a public tender to a private entity. Tere are currently 13 bingo halls, 12 casinos, and one games machine salon open in
1H 2021 €253.3m €116.3m 3.97
€137m
728.7 3.25
Portugal distributed across nine of the 10 gambling zones.
Te first online sports betting licence was issued back in May 2016 to Betclic whilst Estoril Sol Digital was set up to concentrate on the online casino sector. Tere are currently 26 online gambling licences issued to the following 15 companies:
l BEM Operations (Betclic) l GoBet Entretenimento (Bwin)
l
Estoril Sol Digital (ESCOnline for Casino Estoril, Casino Lisboa, and Casino da Póvoa)
l REEL Europe (Pokerstars) l SFP Online (Casino Portugal) l Solverde (Casino Solverde) l Nossa Aposta
l SAS Apostas Sociais (Placard) l Luckia Portugal
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