Portugal: online gambling made USD 151 M in 2017
“Online gaming activity in Portugal”, the report issued by the Gaming Regulation and Inspection Service for the last quarter of 2017, also showed that 17,600 players had self-excluded themselves from gambling, 4,600 more than in the third quarter of the year.
Odds betting, where the player bets against the operator, was worth about €68.1 million(USD 84 M) last year, the report said.
Other data collected by the Gaming Regulation and Inspection Service also shows that at the end of last year, 61.3 percent of gamblers were aged between 35 and 44, followed by 25 to 34-year-olds (39.3 percent) and 18 to 24-year-olds (27.8 percent). More than half of the gamblers live in or around Porto (22 percent), Lisbon (19.5 percent) and Braga (9.7 percent).
Online gambling was legalized in Portugal on 28 June 2015 and the first license was issued on 25 May 2016.
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