Chambers Gaming Law Global Practice Guide 2024 – Portugal Chapter
Our Portugal gaming practice team Pedro Cortรฉs, Luis Portela de Carvalho, Tรขnia Pinho, and Pedro Freitas contributed to the Trends and Developments section of the Chambers and Partners ๐๐ฎ๐บ๐ถ๐ป๐ด ๐๐ฎ๐ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐ฃ๐ฟ๐ฎ๐ฐ๐๐ถ๐ฐ๐ฒ ๐๐๐ถ๐ฑ๐ฒ ๐ฎ๐ฌ๐ฎ๐ฐ – ๐ฃ๐ผ๐ฟ๐๐๐ด๐ฎ๐น ๐๐ต๐ฎ๐ฝ๐๐ฒ๐ฟ!
This comprehensive guide offers valuable insights into the evolving landscape of gaming law in Portugal, including:
โข Land-Based Gaming: Updates on fresh concession for three gaming zones (Povoa do Varzim, Espinho, Algarve) and shifts in player preferences, with poker and traditional games gaining traction.
โข Online Gaming Growth: A 27.1% increase in gross gaming revenue (Q2 2024), driven by robust player engagement and fixed-odds sports betting.
โข Regulatory Updates: Enhanced enforcement by SRIJ, including new gaming inspectors and campaigns promoting responsible gaming.
โข Major Events: SBC Summitโs relocation to Lisbon, cementing Portugalโs role as a global gaming hub.
โข Taxation: Discussions on potential tax reforms to boost competitiveness.
Portugalโs gaming sector showcases a balance of innovation, regulation, and growth potential.
Read more about these developments in the full article here.