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An alarming report from the Remote Gambling Association has come into light regarding Portugal. 68% of local players are defying the Serviço de Regulação e Inspeção de Jogos (SIRJ) that is responsible for regulating online sports betting and casino gambling within the Iberian country. The main reason according to industry experts consists of "short odds" that are a direct result of high operator taxes. These figures have been drawn from 2015 when the SIRJ took the first steps into implementing the regulatory framework.
What Do These Insights Indicate?
According to local consultancy firm Eurogroup Consulting these figures are broken down to:
- 38% of bettors having placed bets solely on non-regulated sites
- 30% of bettors having placed bets both on regulated & non-regulated sites
As a direct result to these figures the RGA once again voiced their concern on the SIRJ's approach on regulated gambling in Portugal and called for a review of the current regulatory framework. They claim that high taxes are hurting both players & operators and that a more efficient structure is necessary to draw the interest of more betting sites and limit the influence of non-regulated bookmakers.
