Portuguese Council of Ministers Gives Final Approval to New Gambling Laws
Key Takeaways
  • As expected, the Portuguese Council of Ministers has given its approval to the new gambling laws which were insisted on by the Troika which bailed out the country during its financial crisis.
  • The laws provide a tax and regulatory system which will allow foreign operators to apply for licenses and break up the existing monopoly enjoyed by the Santa Casa da Misericordia de Lisboa.

As expected, the Portuguese Council of Ministers has given its approval to the new gambling laws which were insisted on by the Troika which bailed out the country during its financial crisis.