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Still no Portuguese online poker license
Tuesday April 19,2016 : STILL NO ONLINE POKER LICENSES IN PORTUGAL (Update)
Confusion regarding regulator's player liquidity strategy and involvement of networks.
The confusion in the Portuguese online poker market continued this week as reports surfaced that a spokesman for the Servico de Regulacao e Inspecao de Jogos (SRIJ) – the Portuguese regulator - had revealed to a player delegation that the body was in discussions on shared player liquidity with Italy, France and Spain - all ring-fenced markets - and possibly even with the UK Gambling Commission.
This follows reports late last year that the regulator was adamant that it would insist on ring-fencing its online poker market, and a subsequent warning only last week that the market would not be permitted to accept online poker networks (only standalone operators) i.e. business-to-consumer licensing only.
The lack of clarity is surprising, given that the regulation of online poker in Portugal has been under consideration for over two years as lawmakers went back and forth, reportedly prompting some operators to pack up and leave.
With legislation finally passed (but licenses still not issued), there remains confusion as to what form the local industry will take, hardly an encouraging environment for operators, and one exacerbated by high taxation of up to 30 percent of GGR.
That will probably necessitate higher rake for operators to survive, but such charges will hardly appeal to players, who can still access offshore sites with better player economics.
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Gambling News :
PokerStars.CZ has launched in the Czech Republic -
PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republicís new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.
Sunbets to Sponsor Sutton United -
Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.
Time is Money Slot Launches -
Set to a catchy tune, Time is Money offers a free spins bonus where all wins are multiplied by up to x12 by a random multiplier, selected from the time traveling clock.
ArenaCube Signs 3 New Deals -
Under their strategic partnership, ArenaCube and Kiron will develop and launch a new version of Arena Challenge in 2017. The new version of the game will carry Kironís virtual content.
First Woman to Win a WPT Playground Championship -
Besting a field of 380, in the C$3,500 buy-in event, Zajmovic beat Jean-Francois Bouchard in heads up play, pocketed the C$261,000 first prize and a seat in the season ending WPT Tournament of Champions.
NHL Odds: Oilers-Blackhawks at the United Cente -
Fans at the United Center will be treated to a potential Western Conference playoff preview this Saturday when the upstart Edmonton Oilers visit the Chicago Blackhawks. The puck drops at 7 PM ET on WGN.
2017 Partypoker.net WPT Playground main event Results -
Although she entered the heads up against Jean-Francois Bouchard with a chip deficit, Zajmovic was able to get herself back in the game with some skillful and disciplined playing, eventually overtaking the leader and finally leveraging her chip advantage into a decisive win.
IGT In Deal With Norsk Tipping -
International Game Technology has announced a new contract signing which will see it providing interactive casino and Instant Win game libraries and custom games through a remote game server to Norwegian gambling group Norsk Tipping.
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