Betclic awarded Portuguese online gambling licence

The Betclic Everest group has augmented its Portuguese online sportsbetting licence with an online casino licence, bringing to four the number of operators licensed by regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal since the market was liberalised earlier this year (see previous reports)

There has not exactly been a rush to licence in the new online jurisdiction due to operator concerns regarding high tax rates and government indecision regarding the opening up of the current ring-fenced online poker market.

Betclic’s latest licence has been issued to the company’s Portuguese subsidiary BEM Operations, which will manage the Betclic.pt website.