The stability of the country’s entire nervous business worker is substantiated in its functioning considerable factors and laws. For example, the presence in the country traditions to conduct hembinge – business itself, and the regulations themselves and the work itself for operators – the most loyal.
Content:
- A little story
- Interesting
- The laws
- Taxes
- Online gembling and its prospects
- Shadow markets
- Potential and market development
The stability of the country’s entire nervous business worker is substantiated in its functioning considerable factors and laws. For example, the presence in the country traditions to conduct hembinge – business itself, and the regulations themselves and the work itself for operators – the most loyal.
Also, in addition to the presented and not only of these, but also other factors – Portugal has other distinctive characteristics in the field of gambling business. For example, an important point is a developed tourism sector, plus the country’s climate and its profitable location, like the rich cultural heritage make Portugal attractive for players.
The developed tourism sector has a positive effect on the formation and development of modern gambling in the country of the segment. For example, a casino as gaming zones can be placed in special, allocated for this game zones, coinciding with popular and famous guests with the regions. And in total statistics in the country openly 10 such zones. Plus, there are some exceptions to the rules, for example, you can use so-called so-called in Portugal, quite well-known among advanced casino players.
It is worth noting – the practice of using the casino in the gambling business is applicable both in Portugal and for example on Goa. And for example, to open and run to work on a liner by the sea and the ocean gambling zone, casino – it is worth getting an appropriate permission from power. But the liner itself cannot, according to the norms of the law, to cruise as such with a working casino within the territory of the state, but exclusively function not in a certain zone, but exclusively in neutral territorial waters.
And so for example, there is a little bit forever worth saying – in Portugal it is given permission to slots and desktop in the casino game, rates on sports and running, as well as lottery. At the same time, the gambling business in the country is represented both land and interactive, online casino. So the last introduced at the legislative level in 2015, but the launch of the virtual market itself took place directly a year later.
A little story
The history of the Portuguese gambling business itself, as such in the country, experts have exactly since 1783 – in the state first conducted the so-called charitable lottery. It is she in the future and received the status of national, but the first casino was discovered in Figere-da Fosh in 1904.
But the very development of gambling business was accompanied at the very beginning of many difficulties in the political arena. So in 1910, Portugal from the monarchy became a republican state, and this was accompanied by the transfer of power, and the process of instability itself, uncertainty was rapidly spread to all directions of gambling business. And directly in the next 15 years – the casino was prohibited, then allowed.
Radically, the situation on Igor’s market in the country has changed with the coming to power of the legitimate president of Salazar – he proclaimed a new state in the country and, accordingly, until 1974, the casino was intensively developed on a legitimate basis. She received not only the status of legal games, but also stability – it led to an increase in the number of casinos and, accordingly, the state treasury profit.
But gradually the problem of the nationalization of gambling houses was faced in the country – this happened in Portugal after the regime of the regime of the president of Salazara. And since in the management of the casino state bodies did not succeed – it was necessary to refuse.
Interesting
Those terrestrial type of casino registered in the country cannot under the law work country more than 12 hours. per day – this is due to the fact that most of them open in the evening and work until late at night. So in the 80s of the last century, developing on the part of the competent state bodies of the norms of the law and already in 1989 they were completely formed.
But the development as such throughout the entire web planet of the Internet contributed to the fact that in Portugal developed intensively and online gembling. Citizens and guests of the country became directly, and not potential customers of international level operators. But a significant improvement in the gambling market occurred in 2002 – the world introduced the euro. But the idea of the online casino itself was implemented at the level of the law only in 2015.
The laws
As mentioned earlier – the main legislation in the country was introduced directly in 1989, and appropriate amendments were made in the norms in the norms. The Internet itself – the segment was legalized in 2015. Regulatory instances in the country There are Servico de Regulacao – abbreviated SRIJ, as well as Santa Casa – Abbreviated SCML and Comissao de Jogos.
So first instance are joining such games as desktop in gambling houses of entertainment, bingo and poker. If we talk about sports competitions and lotteries – it is subordinate to SCML, works under the supervision of the Ministry of Internal Affairs. In the maintenance of the last organ – the solution of the issues of the administrative format arising in the process of work, as well as issuing permits to work.
The operator is important for work to obtain from the competent authority a concession resolution – it is issued to work in a special zone. And the deadlines for the provisions of such a type of casino permits – from 15 and to 20 years. But the casino licenses are issued by authorized bodies for 3 years, after which it can be extended.
Taxes
In relation to taxes, then in the country they are due to many factors. For example, in which region is openly a casino, which games are provided, which of them are subject to one or another taxation. For example, in ground-type gambling poker and bingo houses have a tax rate that varies from 4.5 and up to 45% of the GGR of the casino itself. Unless bingo is offered to the player in a separate room, but not on the basis of a gambling house – the tax will be already 25% of GGR.
If we talk about taxes in the direction of online gembling – there is a tax of IEJO, the dimensions of which also vary from a variety of factors. If for example, the operator’s commission is a single income, then the tax will be 15% if other operations in Igor’s banking – the tax rate can vary from 15 and to 30%.
Online gembling and its prospects
So at the end of last year, recorded income indicators from the online segment recorded directly on the territory of the country. It is worth saying – the growth of the profitable part is helped by the development of the market, and already the 7th quarter. This contributes to the development of the casino market in Portugal, as well as all operations held in the direction of modern sports betting.
So in the 3rd quarter of the reporting last year’s industry itself, the industry is shown at 39.1% more income and amounted to € 54.1 million in money – it’s more. rather than in the last reporting quarter.
Shadow markets
With all stability, and the main profitability of all game licensees of the Portugal market – the services of exclusively proven international companies and today, many players use. And therefore the state resorted to blocking the account of illegally working operators.
But as statistics 56% of residents and guests of Portugal are increasingly resorted to the services of a shadow gambling market. True, state bodies are trying to eradicate illegally working operators by all.
Once again about taxes
In the early spring of last year – in the country they created a special group, and for the purpose of which it is worth the issue of revision of tax rules for gambling portugal business. With all the support from the EU in many areas of development of the casino – taxation in this industry is very strict.
Potential and market development
At the end of 2020, the period of 2 fundamental concession agreements expires. And, accordingly, a public, open type of bidding will be held in the country – operators can take part in them early next year.
The question itself is about changing the rules of taxation – it is on the agenda and consideration by government bodies of Portugal. But it is worth noting – the licensees of Portugal complain that taxes are too strict and their desire to weaken it support the authorities of the EU.
The very secret of the popularity of Portugal’s gambling houses is simple – they are as close as possible near Vegas and Macau, it is convenient for many European players. But also a casino, according to the players themselves – less pompous, rather than those located in Monte Carlo and, accordingly, are ideal for supporters of mass in the casino of the gambling market.
All these grounds and possible future changes in the structure of the most gambling business of Portugal, as well as innovative developments in the field of taxation, will lead to the fact that in the state itself, the market of gambling business will be developed to the latest and open for all players.