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The poker gains are likely attributable to Portugal joining PokerStars’ new European liquidity pool with France and Spain. The government’s share of Q2’s online revenue hit €16.9m, up €3.6m year-on-year. Portugal imposes a variable tax rate on sports betting turnover that tops out at 16%, a punitive measure that has been blamed for the market’s inability to ‘channel’ local punters to locally licensed gambling sites. Rather than reduce the tax rate, the government has prioritized efforts to eliminate the option of playing with international sites. As of June 30, the SRIJ has issued notices to some 302 international sites and ordered local internet service providers to block 237 of these domains.
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For the original version including any supplementary images or video, visit https://thechronicleindia.com/online-gambling-and-betting-market-scenario-geographical-region-application-landscape-and-the-growth-prospects-analysis-forecast-2022/
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