Portuguese punters and online gambling operators are awaiting one very special date. June 28, 2015 marks the first day of online gambling licensing and regulation.
The issue has been a source of debate over the last 10 years or so but the Secretary of State for Tourism, Adolfo Mesquita Nunes, announced the launch date Wednesday. Players within Portugal’s borders will be able to gamble online and those outside of Portugal will be able to play on Portuguese licensed and regulated sites.
“We are preparing everything so that on June 28 the technical control structure is operating," Nunes said.
"The intention is to sign up as many operators as possible, particular international ones.”
Licensing and regulation will be handled by Santa Casa de Misericordia de Lisboa. Government revenue will be generated through the issuance of three year licenses.
Conditions of licensing will require operators to provide financial guarantees, maintain local representation and use Portuguese banks.
SassyGirlMe
8 years ago
Well, now that they have been operational for a few months and we have not heard anything negative. That means things must be doing well. It sounds like the government has made sure that their money is secured and guaranteed. I never heard that an online casino would be tied down with Conditions of licensing requiring operators...
Well, now that they have been operational for a few months and we have not heard anything negative. That means things must be doing well. It sounds like the government has made sure that their money is secured and guaranteed. I never heard that an online casino would be tied down with Conditions of licensing requiring operators to provide financial guarantees, maintain local representation and use Portuguese banks. THe idea of having a representative present is a good idea. Have fun you guys!
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pinkxxx
8 years ago
Congratz Portugal . Im sure they will be happy now . I have seen so many places list Portugal as not allowed to play . Hopefully some of these places will allow Portugal to play . Hopefully The US can follow ...I know a lot of people would be happy if it returned to that . Congratz Portugal ...enjoy and good luck
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sharpe
8 years ago
I guess many people in Portugal were all ready playing at the online casinos and probably it will be a formality for them that the online gambling in the country will be legalized. But without a doubt it's a great news for all other Portuguese players and in 21-th century anyone have to be able to access the gambling opportunities...
I guess many people in Portugal were all ready playing at the online casinos and probably it will be a formality for them that the online gambling in the country will be legalized. But without a doubt it's a great news for all other Portuguese players and in 21-th century anyone have to be able to access the gambling opportunities in the net if they wish.
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kruno1414
8 years ago
A happy day for Portugese gamblers all around country :) I never would understand those who wont let online gambling in their countries , its a men free will if he wants to gamble or not , and a country will also have benefits from those casinos like taxes etc.. I think portugese [people just figure it out , i hope more...
A happy day for Portugese gamblers all around country :) I never would understand those who wont let online gambling in their countries , its a men free will if he wants to gamble or not , and a country will also have benefits from those casinos like taxes etc.. I think portugese [people just figure it out , i hope more countries will join :)
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jade
8 years ago
Congratulations to the Portuguese players. I'm sure to them it seems a long time coming. I am also intrigued by the phrase " those outside of Portugal will be able to play on Portuguese licensed and regulated sites." What does "those outside of Portugal" mean. Everybody, I doubt that. Those where it is legal to gamble,...
Congratulations to the Portuguese players. I'm sure to them it seems a long time coming. I am also intrigued by the phrase " those outside of Portugal will be able to play on Portuguese licensed and regulated sites." What does "those outside of Portugal" mean. Everybody, I doubt that. Those where it is legal to gamble, probably. So, I wonder if they are going to welcome US players. They are inviting international operators, maybe that is a good sign. But, even it it doesn't include the US player, this is a good thing for the Portuguese players as well as the rest of the world. It is progress..............
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