Online gambling site operators driven away by high taxes
Portugal’s gambling authority, the Serviço de Regulação e Inspeção de Jogos, or 'SRIJ', has issued six online gambling licenses since the market was opened a year ago to international operations. These licences were granted to just four companies and only five sites remain.
The Portuguese market had been considered one of considerable potential as, prior to regulation, it had been targeted by some of the big names in the global gambling industry and there had clearly been a great demand for online offerings.
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