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888 Exits Portugal
Sunday July 11,2015 : 888 JOINS THE EXODUS FROM PORTUGAL
Online gambling group follows William Hill and 24hBet as Portugal regulates and taxes.
Online gambling group 888 is exiting the Portuguese market this week, according to an email notification addressed to its affiliate marketers, which reads:
"We are writing to inform you that due to recent regulation changes in Portugal, we have decided to terminate the offering of our services to players from Portugal.
"We have therefore stopped all marketing activity in Portugal as of today, and ask you to discontinue targeting and cease all marketing activities towards players in Portugal with immediate effect."
Companies have expressed reservations about the high tax rate imposed on the newly licensed and regulated Portuguese online gambling market
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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