Connect with us

Industry News

Portugal’s Gambling Regulator Issues Sports Betting Licence

Published

on

Portugal's Gambling Regulator Issues Sports Betting LicenceReading Time: 1 minute

Portugal’s gambling regulator grants the thirteenth licence to a sports betting operator.

The countries gambling regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ), announced that it has issued an online sports betting licence to SAS Social Betting, Gaming and Gambling Online, SA.

The gambling regulator body’s licence will grant SAS’s Placard.pt domain to operate online sport bettings. Placard.pt being the offline brand of Santa Casa da Misericordia de Lisboa (SCML), a state lottery monopoly which made public its intentions to apply for a licence a couple of years back.

The launch comes a few days before the 2018 FIFA World Cup starts in Russia, and SCML expects a big volume of customers after the competition ends.

The online gambling market has achieved a year-on-year boost in the Portuguese market, which completed its first year of legal operations in 2017. The first three months of 2018 saw online gambling operators generate €33.8 million, which is €2.5 million higher than the same period in 2017. However, the number is €2.7 million lower than the previous quarter (17Q4).

Online sportsbooks finished the first quarter with flat results, as they generated €17.4 million, but approximately €3m less than the fourth quarter of 2017. The most popular sport continues to be football, as it accounted for over three-quarters of the total betting turnover, followed by basketball and tennis, with 10.6 per cent and 9.6 per cent of the market respectively.

Source: FocusGamingNews

Source: European Gaming Media and Events

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Industry News

Bryke launches Link King in Spain

Published

on

By

Bryke launches Link King in SpainReading Time: 1 minute

 

Bryke, the video slots brand of Zitro, the famous  Luxemburg-based gaming company, has launched its highly successful flagship product in Spain: Link King, a unique and innovative type of game that is not like any other games available in Spain.

Link King offers impressive new features: 4 spectacular levels of progressive jackpots that are frequently granted through the bonus game, increasing the chances of winning. In addition, prizes are linked between terminals, raising their value and the player’s excitement. Spanish players can enjoy a different way of playing never before seen in Spain and already present in the best casinos in the world.

The staging of LINK KING is impressive thanks to the new FUSION cabinet that stands out due to its advanced technology and “Ultra Slim” design, occupying less space than any other piece on the market and offering the player greater comfort.

The combination of LINK KING and FUSION will transform Spanish lounges into a game show that will appeal to both the operator and player, just like what’s happening in international markets.

Source: Latest News at European Gaming Media

Continue Reading

Industry News

RTG launched a new game, called I, Zombie

Published

on

By

RTG launched a new game, called I, ZombieReading Time: 1 minute

 

RTG Asia, the Philippines-based gaming company, has launched a new game called I, Zombie, which is a five-reel, 25 line game. It features Amy, a gorgeous zombie killer.

“The zombie epidemic continues, but now it’s taken a personal toll: Nancy has turned! Her beautiful blue eyes have gone red, her carefully manicured nails have grown into claw-like things. She might be the WORST kind of zombie — still so sexy, so attractive, so deadly. You have to see her! And, as in life, so WILD. And she is your WILD too. You may even see two more her appear and they’ll jump across the reels… not to kill you but to help you win more,” – commented RTG Asia.

“Maybe if she could see herself in the mirror she could change back… would that help? Could that help? It’ll certainly help YOU: when you get three mirrors – the game’s scatter – you get free spins. Get four mirrors and your free spin prize doubles. Five mirrors, it trebles,” it concludes.

Source: Latest News at European Gaming Media

Continue Reading

Industry News

William Hill US seeks modifications in regulations

Published

on

By

William Hill US seeks modifications in regulationsReading Time: 1 minute

 

William Hill US has written a letter to the Nevada Gaming Control Board (NGCB) seeking modifications in current regulations so as to eliminate some technical glitches. This is after FanDuel paid out on an erroneous ticket that allowed the ticket holder to win US$82k in New Jersey.

It is learnt that William Hill US mainly asked the power for the Chair to use discretion in rescinding bets where an obvious error had occurred, such as wrong pricing. “This would address the situation that occurred recently in New Jersey where an operator issued a wager on a football game at a price that was obviously incorrect,” reads the letter.

Sylvia Tiscareno, general counsel of William Hill, testified during NGCB’s meeting this week and said that the request comes after several internal discussions. The panel at the meeting decided to consider the testimony before making a decision.

Source: Latest News at European Gaming Media

Continue Reading
Advertisement
NSoft
Advertisement
BetConstruct

Trending