Portugal’s regulated online gambling market achieved a new record quarterly revenue of €47.3m (£42.4m/$53.4m) during the first three months of the year, primarily due to year-on-year growth across sports betting and casino.
Stoiximan Group has extended the reach of its Betano brand by rolling out the online gambling service in Portugal. The new Betano.pt website will feature a sportsbook with live betting and a casino offering.
Play’n GO is to expand its service offering into the regulated Portuguese igaming market after the slots developer was certified to launch in the country, with PokerStars Casino to be the first client to roll out its games.
Portugal has posted €152.1m in online betting and gaming revenue for 2018, the second full year of regulation in the country, up 24% on the prior year.