#Azores

Lexology

A general introduction to gambling law in Portugal

Under Decree-Law 422/89 (the Portuguese Gaming Law), games of fortune and chance are defined as those in which the result is contingent wholly or mainly on chance. Chance is the dominant factor for the purpose of this definition. The same definition of games of fortune and chance exists in Decree-Law No. 66/2015 (the Online Gaming Regime), but the…
Law
A general introduction to gambling law in Portugal
Lexology

In review: licensing and taxation of gambling activities in Portugal

From a historiographical point of view, legal gambling in Portuguese territory dates back to 1927. The land-based gambling legal framework dates back to 1989. It aimed, among other things, to'emphasise the responsibility of the concessionaires for the legality and regularity of the operation and practice of gambling under the concession'…
Finance
In review: licensing and taxation of gambling activities in Portugal
Wild Casino
Macau Business

Portugal: Casinos pessimistic about 2021 after 50% fall in takings last year

Portuguese casinos face 2021 with pessimism, after a historic drop of almost 50% in takings in 2020, given the new closure period and the change in the habits of gamblers to other gaming offers. "With regard to the year now beginning, we cannot face it with optimism. The pandemic is far from over, new confinement is expected and other periods of…
Covid