Launched officially in May 2016, the Portuguese online gaming market had a slow start but showed signs of growth for Sports Betting the first quarter of 2017. Overall, players still have access to a limited choice - with only four operators - And the government chooses to take a more than a gourmet share of the revenue generated. Still few choices for Portuguese players Betclic-Everest was the first in May 2016 to obtain an official license from the regulator Sports betting Servico Regulacao e Inspecao de Jogos do Turismo de Portugal (SRIJ).
But the interest of other operators is for the moment rather timid since the market has four operators sharing six licenses. The consequence for the players is that they lack choice and Sports Betting do not feel actually attracted by the market offers. There are two licensed sportsbooks, three casinos and one poker. According to the SRIJ, all operators generated €82.2 million between May 2016 and March 2017. Betclic and Bet Entertainment Technologies have generated 70% of total revenues at the moment, but sports betting shows a decline since the third quarter of 2016 (€22.
But the interest of other operators is for the moment rather timid since the market has four operators sharing six licenses. The consequence for the players is that they lack choice and Sports Betting do not feel actually attracted by the market offers. There are two licensed sportsbooks, three casinos and one poker. According to the SRIJ, all operators generated €82.2 million between May 2016 and March 2017. Betclic and Bet Entertainment Technologies have generated 70% of total revenues at the moment, but sports betting shows a decline since the third quarter of 2016 (€22.
