Portugal Begins Accepting Bids on Two New Casinos

Portugal's gaming regulator Serviços de Regulação e Inspeção de Jogos is now accepting public applications for the rights to operate two land casinos in the regions of Figueria da Foz and Estoril.

The gaming licenses in the regions are due to expire on December 31st of this year and new applications will be accepted for the next 30 days. Currently, Casino Figueira is operated by Amorim, while Casino Estoril is run by Sociedade de Turismo e Diversoes de Macau. The two regions are the only spaces in the country in which land casinos are permitted.

Applications will be open to domestic operators as well as international companies that have a presence in the country. Applicants must be a public limited company that is based in an EU member state or European Economic Area. This is to ensure compliance with tax cooperation as well as anti-money laundering and fraud policies.

After the application period closes the regulator will undertake a review of the applications and will announce a decision later in the year.

Casino Listings News will update readers as appropriate.