Q&A: Online Gambling in Portugal 6th May 2020 Written by: Marika De Kock Amendments to Decree-Law No. 66/2015, which implements the local licensing regime, were passed in the 2020 state budget, changing the special online gambling tax rate. Gambling in Portugal is split into 3 different legal categories: raffles, casino and lotteries & sports betting. While raffles have limited financial implications for the state – the rest are all run via a monopoly under license from the government.

Portugal Gambling Authority

GamblingCompliance Regulatory Briefing: Portugal’s New Online Gambling Law

With the participation of thePortuguese Gambling Regulator – SRIJ (speaker TBC)

An in-depth look at the country’s new gambling regulation and what it means for the industry

14th October 2015, Hotel Myriad, Lisbon, Portugal

The final requirements needed to start the online licensing procedure in Portugal were published in June 2015 by the state regulator, Turismo de Portugal. This new legislation requires all online operators and testing labs to obtain licences in 4 different fields:

• fixed odds sports betting
• horse race betting
• bingo
• games of chance, including casino games and poker.

Portugal Gambling Casinos

However, the newly established Portuguese Gambling Inspection Service hopes to issue the first online licences by the end of the year, creating a gap of six months where operators cannot hold a permit, but could be considered illegal. This leaves overseas companies with something of a dilemma – switch off operations for around six months or potentially risk being denied a licence.

This GamblingCompliance Regulatory Briefing will:

• Look at the implications of this new legislation for the Portuguese gambling industry.
• Draw on the lessons learned from other jurisdictions where similar legislation was introduced.
• Provide operators with an opportunity to engage with the regulator, and also key experts in the Portuguese gambling industry.
• Delve into the regulation from a tax, advertising and licensing perspective to ensure that every implication is covered.

Taking place at The Crystal Centre in the Myriad Hotel in central Lisbon on the banks of the Tagus River this one-day conference will give all attendees a broad overview of the current regulation in Portugal as well as networking opportunities during the coffee breaks, lunch and drinks reception.

Who should attend?

• C-Suite executives operating in (or considering operating in) the Portuguese gambling market
• In-House Counsels
• Heads of Compliance
• Heads of Risk
• Legal Professionals
• Regulators

Portugal Gambling Commission

Pricing:

Portugal Gambling Regulator

• Early Bird - £295 (until September 30th)
• Standard Rate - £395 (until October 9th)
• On-site Rate - £495 (after October 9th)