Close Bottom Menu CLOSE

Why join our Telegram

Telegram
  • list icon EXCLUSIVE Betting Bonuses
  • list icon 24/7 Pre-Match & Live Predictions
  • list icon New Unrestricted Bookmakers
  • list icon €1,000 In Monthly Giveaways
Join Our Community
Telegram

75% of Portuguese players bet on non-licensed sites, recent study shows

10 Apr 2019

portugal-unlicensed-gamblingIt seems like the lack of a unified taxation system for online gambling products has driven the Portuguese to opt for international sites as opposed to locally licensed ones, according to a recent statement from The European Gaming and Betting Association (EGBA). The Association's point was backed by a study made by the Universidade NOVA de Lisboa together with Qdata. What the study concluded was that 75% of online gamblers chose to play on offshore sites in 2018, as opposed to the ones licensed in Portugal. That percentage signalled a 10% increase compared to 2017 stats.

Are Taxes the Only Reason Why Portugal Gambles Offshore?

According to the Portuguese gambling regulation system, as it stands now, sports wagers online are taxed 8%-16%, whereas online casinos are taxed on GGR (15%-30%). The EGBA believes a flat GGR tax on both casinos and betting sites would be the best option here and would ensure that players do not resort to international sites, as local sites would be able to offer better odds. The Association added that the regulatory system is already in place to allow operators who want to acquire a license to do so. The only thing missing is a unified tax system that will attract more operators to go legal and get a license.

Investigations regarding the gambling taxation system and whether it contributes to players resorting to unlicensed sites were funded by the government to an independent company back in 2016. These investigations have gone through many delays, though, and are still ongoing, waiting for a final evaluation to be delivered.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY
How Mbappe’s Injury Affects All Euro 2024 Bets Featured Image

French superstar Kylian Mbappe suffered a broken nose after a collision with Austria’s Kevin Danso. He was later subbed off and was taken to the...

Read more »

Bookmakers With A Dedicated Euro 2024 Section Featured Image

This summer, 24 nations will battle in the 17th edition of the European Football Championship. Scheduled to take place in Germany, the competition is ...

Read more »

How Injuries Affect Euro 2024 Odds Featured Image

As the Euro 2024 approaches, fans are at the edge of their seats. However, as it happens with every major competition, several notable footballers hav...

Read more »

Lucas Paqueta Charged For Betting Breaches Featured Image

The Brazilian international Lucas Paqueta has been charged by the FA for the “improper purpose of affecting the betting market”. Paqueta, ...

Read more »

Tyson Fury vs Oleksandr Usyk Odds Featured Image

After a long wait, the boxing world is finally on the verge of crowing the first undisputed heavyweight champion since 1999, when Lennox Lewis took do...

Read more »

Conor McGregor Partners with Duelbits Featured Image

On May 13th, 2024, Duelbits, a leading site in crypto gambling, issued a press release to announce that it has partnered with MMA legend Conor McGrego...

Read more »

EveryMatrix Record Net Revenue in Q1 Featured Image

EveryMatrix announced that the company achieved a record €39 million in revenue in the year’s first quarter. This constitutes a stunning 66% inc...

Read more »

Conor McGregor Next Fight Odds Featured Image

After a nearly three-year absence, Conor McGregor will fight Michael Chandler in UFC 303 on June 30th. UFC president Dana White announced the clash, w...

Read more »

ΝΒΑ Investigates Raptors’ Center Jontay Porter for Betting Irregularities Featured Image

The Raptors Center became unavailable for March 25th’s clash against the Brooklyn Nets. The NBA intervened, and Porter sat out until the league ...

Read more »

Next Liverpool Manager Odds: Who Will Succeed Jurgen Klopp? Featured Image

Jurgen Klopp’s announcement that he will leave Liverpool at the end of the season shocked the football world. The German will depart from Anfiel...

Read more »

LATEST BOOKMAKER PROMOTIONS
bookmaker banner
bookmaker banner