On July 24, Portugal opened public tenders for 15-year exclusive exploitation rights of casinos in the Algarve, Espinho, and Póvoa de Varzim.Supervised by the Instituto...
Portugal records iGaming decline for the first time in years
For the first time in almost three years, Portugal’s iGaming market has recorded a decline of 12%, totalling the revenue to €284.7 million.
When compared to the end of 2024, this is a 12% decline; however, when compared to the same period of 2024, the numbers remain up by more than 9%.
Online casino games claim the crown with €169.7 million (8% lower than the previous quarter), mainly driven by slot machines. Sports betting saw a decline of nearly 17%, bringing in €114.9 million. Football remains the top sport for betting, making up more than 70% of all bets. Both sports betting and online casino games showed solid year-on-year growth.
Player activity is still going strong. There were 4.8 million active accounts, a 7% increase, despite the decline in new registrations. Around 1.2 million users placed bets in the first quarter, 43% of whom used both casinos and sports betting platforms.
When it comes to responsible gambling, more than 39,000 accounts used the self-exclusion tool and opted out, recording a 31% increase compared to 2024.
The government collected €82.7 million in gambling taxes and continues to get rid of illegal operators, blocking more than 100 sites in the last quarter alone.
FAQs
Is gambling legal in Portugal?
Gambling is only allowed in casinos located in the 10 gaming zones established by the Portuguese Gaming Law.
What is the legal gambling age in Portugal?
The legal gambling age in Portugal is 18.
Portugal revealed its iGaming revenues for 2024, reporting an impressive reach of more than €1 billion, a 42% increase from the previous year.With 30 active online...
