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Portugal's online gambling laws coming any day now
Thursday February 26,2015 : NEW PORTUGUESE ONLINE GAMBLING LAW IMMINENT?
Speculation that implementation is just days away.
The long wait on the finalisation of Portugal's online gambling laws may be over, if speculation in local media is to be believed.
Several reports suggest that the reforms, which have languished in the government's Council of Ministers for months, may be implemented before the end of February.
The last-known content of the bill included:
* Taxation based on gross gaming revenue on a sliding scale (dependent on gross income) between 15 percent for operators below Euro 5 million and 30 percent for operators over Euro 10 million.
* Sport betting operators get a better deal at tax of just 8 to 16 percent, again dependent on GGR.
* A more reasonable and pragmatic revision of an original provision requiring operators to open their servers for inspection at any time by regulatory inspectors.
* Operator can accept deposits from EU-regulated and based credit institutions.
* A more open (as opposed to ring-fenced a la France and Italy) approach to player pools.
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 -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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