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 ๐—š๐—ฎ๐—บ๐—ถ๐—ป๐—ด ๐—Ÿ๐—ฎ๐˜„ ๐—š๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐—ฃ๐—ฟ๐—ฎ๐—ฐ๐˜๐—ถ๐—ฐ๐—ฒ ๐—š๐˜‚๐—ถ๐—ฑ๐—ฒ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ – ๐—ฃ๐—ผ๐—ฟ๐˜๐˜‚๐—ด๐—ฎ๐—น ๐—–๐—ต๐—ฎ๐—ฝ๐˜๐—ฒ๐—ฟ!

This comprehensive guide offers valuable insights into the evolving landscape of gaming law in Portugal, including:

โ€ข 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.
โ€ข Online Gaming Growth: A 27.1% increase in gross gaming revenue (Q2 2024), driven by robust player engagement and fixed-odds sports betting.
โ€ข Regulatory Updates: Enhanced enforcement by SRIJ, including new gaming inspectors and campaigns promoting responsible gaming.
โ€ข Major Events: SBC Summitโ€™s relocation to Lisbon, cementing Portugalโ€™s role as a global gaming hub.
โ€ข Taxation: Discussions on potential tax reforms to boost competitiveness.

Portugalโ€™s gaming sector showcases a balance of innovation, regulation, and growth potential.

Read more about these developments in the full article here.