Estoril Sol, Portugal’s biggest land-based gaming group and operator of the region’s first legal online casino, has significantly expanded its online offering with the launch of a new sportsbook powered by platform provider Gaming1.
The newly rebranded ESCONLINE.pt site has gone live with Gaming1’s sports betting platform, which is fully compliant with Portuguese regulations.
The launch follows the EstorilSolCasinos.pt joint venture set up by Estoril Sol and Gaming1 last year, with both parties owning 50 percent of ESCONLINE.pt.
Exclusive to the operator, the Gaming1 sportsbook includes an innovative new feature which boosts the odds of any multi-bet slips to offer the best odds to its players. Opti-odds is designed to mitigate the effect of high taxation in the Portuguese market, which leads to operators offering lower odds than in other regions.
Sylvain Boniver, CEO of Gaming1, said Tuesday: “Following the success of launching Portugal’s first ever online licenced casino last year, we’re thrilled to have boosted Estoril Sol’s online offering with the addition of sports betting for the first time.”
Rui Magalhães, CEO of Estoril Sol Digital, said: “Since moving online, we’ve enjoyed great success and the next logical step for us was to bolster our offering with sports betting. By combining our knowledge of the Portuguese market, along with Gaming1’s technology and online sportsbook expertise, we are more than confident to offer sports betting to our players.”