Bookmakers that continue in portugal

Portugal is experiencing a peculiar moment in online sports betting . The heavy hand of the State in regulating the sector has caused many houses to give up operating in the country. In fact, the Portuguese went through a period without any legal betting option.

Both the way the regulation was formatted in Portugal and its consequences are of direct interest to Brazilians. After all, now that the bets have been legalized here, we live the expectation of regulation. The worst of the nightmares lies in the adoption of a system similar to the Portuguese. In this, without a doubt, everyone loses: gamblers, houses and even the government itself, which could receive more taxes.

In this article, we will show you which houses are betting that continue to operate in Portugal.

First of all, we need to understand the context of sports betting in Portugal. Until 2015, the country was in a similar situation to that which Brazil lived until the legalization of the sector. Thus, the bets were on the so-called gray market, that is, they were neither legal nor illegal.

But in April of that year, the Portuguese government issued the new legislation. However, what could be good for everyone has become a major problem. Excessive taxation caused bookmakers to stop operating in the country. The tax burden varies between 8% and 16% of the total betting volume.

In fact, not only high taxes, but also bureaucracy, were fundamental to the rout. After all, the government itself started to control the licenses of the houses that wish to operate in Portuguese territory.

Two months later, Santa Casa de Misericórdia de Portugal launched Placard . It is a kind of lottery, which can be done at physical points, 스포츠토토365 such as cafes and stationers. However, it has few market options and ridiculous odds compared to the online betting giants.

It was only in May 2016 that a bookmaker returned to operate in the Portuguese country. It was Betclic, which arrived with quotations and problems similar to those of Placard. In practice, therefore, the difference between one and the other was only the place of the bet. While one can be done on the computer, the other is carried out in person.