Portugal lies on the edge of Europe and is known to be the oldest state around the Iberian Peninsula. It is a prime tourist destination that is rich in culture and is also well known for producing a few of the world’s best footballers. Portugal is also a member of the European Union and greatly takes part in international trade. Its economy has seen robust growth over the last few years, ranking it high in the Global Competitiveness report. Portugal’s keen interest in international trade is reinforced by trade-friendly laws which have resulted in an influx of foreign investments in the region over the last few years.
Among the investors are gambling establishments that have benefited from Portugal’s easy stance on gambling. While before 2015 the government enjoyed a monopoly in gambling through the national lottery, laws were enacted to give room for the operation of online gambling establishments.
Approximately 11 land-based casinos had been licensed to operate in Portugal by January 2017. Online casinos, on the other hand, count to about 5,000 operating through government sanctioned websites. It is safe to say that Portugal, unlike other European countries, has no problem with regard to gambling.
Portugal’s Stance on Gambling
Until 2015, betting was restricted to the district of the Games Department of Santa Casa de Misericordia (SCML), which oversaw all “social games” in Portugal along with the Inspector General of Games who was in charge of the broader categories of casino games. Casinos that operated before this time were unregulated but were free to accept players from Portugal.
This monopoly was however ousted with the enactment of Laws No. 64, 65, and 66 of 2015 that provided a regulatory framework for all casinos – land-based and online. It provided a much-needed legitimacy that in turn fostered trust and confidence in Portuguese punters.
The Portuguese Gambling Authority is the main regulator of gaming in Portugal. It issues licenses through the Ministry of Tourism to any limited liability companies that are interested in operating in Portugal and are also willing to comply with the heavy tax obligations that come with providing such services. However, applicants should have a registered office in Portugal or any member state of the E.U.
Online casinos providers do not need to acquire a license for them to operate in Portugal. Only operators are required to be licensed. Suppliers and subcontractors have a free tenure to operate in Portugal. Apart from the customary restrictions on age, conflict of interest, money laundering and eligibility, the license granted does not limit the services of casinos.
Online Casinos that Accept Euros
Owing to Portugal’s open stance on gambling, there are many online casinos to choose from. It is even more convenient that the national currency of Portugal, the Euro, is widely accepted across all casinos. Portuguese players are therefore spoilt for choice when choosing an establishment. However, this does not have to be the case. Listed below are among the best online casinos that can be accessed by Portuguese nationals.
- Casino Cruise – Casino Cruise is a new entry in the online gaming scene only making its debut in 2014. However, in a short time, this casino has managed to upstage most online casinos that began operations a long while before it did. With a library of more than 1200 games from the top software providers, Casino Cruise promises to cater for all your casino needs. From video slots, poker, table games and classic slots, all lovers of casino games will find what they are looking for.
- Royal Panda Casino – This casino prides itself on some of the best bonus offers and promotions. New players will receive a 100 Euro bonus on their first deposit and 150 free spins on the popular Copy Cats slot machine. There is also a weekly bonus of up to 150 Euros, and further eligible players will be entitled to 210 Euros every 21st day of the month. The Royal Panda Casino brings together both reputed and small-time software developers to offer a wide variety for both experienced and amateur punters.
- Slotty Vegas – Offering the full casino experience with an assortment of table games, slot games, poker and other games, Slotty Vegas also has incredible bonus offers. Debutants will receive 500 Euros upon registration and additional free spins to use on special NetEnt games. Depositing 25 or more Euros also earns a player different bonuses. Slotty Vegas employs the services of Microgaming and NetEnt.
- Kaboo Casino – From the outset, players on Kaboo Casino are treated to an immersive experience with a wide selection of sets from top software providers like Microgaming, Quickspin, NetEnt, Play’N Go, IGT, NextGen Gaming, and Yggdrasil.
There are many other online casinos available for Portuguese nationals, most of which are translated to Portuguese.
A general appreciation of online gaming has attracted many software providers, big and small. The list of providers in this gamblers paradise is endless; Microgaming, NextGen Gaming, Yggdrasil, Play’N Go, Extreme Gaming, Betsoft, Quickspin, Elk Studios, 2by2 Gaming, just but to name a few.
A Wide Variety of Games
The list of games that can be played in Portugal is quite big. You can expect to find all popular casino titles in Portugal from slot games, table games, poker and even live sets. Seeing that there is a growing list of software developers, gaming technology has also experienced an upsurge with new developments such as the inclusion of VR games in online casinos. Games have also been optimized for mobile use and can be played online or downloaded. Find titles such as:
Payment is made easy for Portugal users. Casinos support a wide variety of payment methods including Debit/Credit Cards, Instant Bank Transfers, E-wallet, Visa, and MasterCard. Payments are accepted in Euros although other currencies like the US Dollar, Sterling Pound, and Canadian Dollar are used too. Selected cryptocurrencies can also be used to effect payment.
Enjoy the Bonuses
Different online casinos have different bonus offers. However, in generic terms, there is a welcome bonus available to new users, deposit bonuses for select deposits, no deposit bonuses, promotions, loyalty points and in-game bonuses that can only be used within specific games.
Summing It Up
Portugal is a haven for punters. The gambling scene is bound to take off to astronomical heights in the coming years, thanks to gambling-friendly legislation. For Portugal gamers, the world is at their feet.