Illegal online game is worth 60% of the legal market

Illegal online game is worth 60% of the legal market

© Orlando Almeida/Global Imagens

Taxes and rules prevent further growth of legal gambling, while illegal gambling is growing. It's already worth about 90 million a year. For Estoril Sol, which in 2018 distributed more than two billion in prizes, the legislation should be changed.

The illegal online gambling in Portugal is worth 60% of the legal market. In other words, there is a business with revenues of about 90 million euros per year that does not pay taxes nor is controlled by the Service of Regulation and Inspection of Games. This contributes to the weak legal expansion of this type of betting.

Read more at: Diário de Notícias

Premium