The significant growth in Portugal has attracted the attention of a number of operators and SkillOnNet plans to launch its first casino brand in Q4.
PlayOJO launched to players in Sweden in January, and has quickly become one of the market-leading brands with a major TV and offline presence.
Michael Golembo, from SkillOnNet, said: "SkillOnNet powers some of the most popular brands in Europe, and to continue driving growth from these online casinos we want to be active in as many regulated markets as possible. We are lean and nimble, so completing the licence paperwork for both Sweden and Portugal simultaneously was not a problem. We see both markets as having tremendous potential, and look forward to working with the regulator in each to obtain our permits."