Our Pedro Cortés and Tânia Pinho have contributed an article to Lexology analysing the Portuguese online gambling market in Q4 2025, benchmarked against the same period in 2024 and complemented by a full-year perspective.

Based on the latest data released by Serviço de Regulação e Inspeção de Jogos (SRIJ), the analysis highlights a market entering a phase of consolidation and maturity, with more moderate growth dynamics (following the exceptional expansion of previous years) and a clearer structural profile.

The article further examines key trends, including the evolution of player behaviour, the relative weight of different verticals, and the continued effectiveness of enforcement measures aimed at curbing illegal offerings.

🔗 Read the full article here.

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