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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.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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