Edition 1437
19 August 2017
Edition: 1437

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Estoril Sol gets three-year online betting licence

by TPN/ Lusa, in Business · 10-08-2017 14:24:00 · 0 Comments

Estoril Sol has been given a three-year licence to run online odds-type betting where the players play against the operator, it said earlier this week.

The licence covers the internet site www.estorilsolcasinos.pt/ and is valid until 3 August 2020, unless it is renewed in the meantime.
Odd-type bets are bets where the gambler bets an amount of money against the operator based on preset odds.
On 29 April 2015, the Portuguese government approved the law for online gambling in Portugal.
Two years after the law came into force, Turismo de Portugal, which is responsible for this activity, had received 19 applications and attributed six licences.

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Edition 1437
19 August 2017
Edition: 1437

Read this week's issue online exactly as it appears in print.

Twitter