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Portuguese Casino Association Happy On Internet Gambling Progress
Friday June 27,2014 : PORTUGUESE GAMBLING ASSOCIATION LAUDS PROGRESS ON INTERNET GAMBLING
But warns that its support is contingent on licenses for existing (land) concession holders only.
The Portuguese Casino Association, a trade body representing the interests of land gambling operators in the Portuguese market, has welcomed the progress being made on internet gambling licensing and regulation....but only as long as licensing is restricted to existing [land] concession holders.
Jorge Armindo, president of the PCA, told the Lusa News Agency Thursday:
“It is good that online gambling is getting regulated and becomes a legal form of gambling [although] the means chosen may not have been the most appropriate.”
Armindo stressed the need for exclusivity in licensing, commenting:
“Our position has always rested on the right of concession holders to exclusivity in online gaming, indeed, in alignment with the concession that was attributed to us in 2001 and for which we paid many millions of euros at the time.”
However, the government clearly has a different view, encouraged by the European Commission.
During a government press conference Thursday, State Secretary for Tourism, Adolfo Mesquita Nunes described the legislative proposal for Internet based gambling, and explained that the measure is still subject to parliamentary approval as “...an open regime, by licensing, without any concession of exclusivity.”
Nunes said that he wanted the legislation enacted before the end of this year, and stressed that it was based on best European practices, European Commission recommendations and a study of comparative legislation.
Questioned by reporters on the future of Santa Casa da Misericórdia, the charitable institution that runs the state lottery monopoly, Nunes said “…sporting bets within the territorial framework would be granted to Santa Casa thus leveraging its already acquired experience.”
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.
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