Casino Portugal Receives Online License

Sat, Sep 16, 2017

Casino Portugal has been awarded the ninth online gambling license issued by Portuguese regulators to offer an online casino. The company received a sports betting license in June.

Sociedade Figueira Praia, a Portuguese land-based casino operator, has received a license from Portuguese regulators to offer an online casino

The company will operate its online casino site under its existing Casino Portugal brand. It also received an online sports betting license in the country in June.

Eight of the nine online licenses issued by the SRIJ are shared between four companies, including the Sociedade Figueira Praia. Betclic Everest Group, BET Entertainment Technologies and Estoril Sol are the remaining license holders, all of which operate both casino gaming and sports betting sites. Portugal’s licensed operators generated a total of €31m ($37.3m) during the first quarter of 2017, up 13.7% from the previous quarter, according to a report at iGaming Business.

 

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