22bet Portugal

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22bet

August 18, 2024

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Portugal is a southern European country that is a member of the European Union, which has a huge bearing on the country’s legislation. Portugal has a population of 10.3 million citizens. In this country, both land-based and land-based gambling are legal. However, all around them, regulations are produced that effectively discourage investors from operating a bookmaking business in Portugal. So is there room in this market for foreign bookmakers too? Is there a 22bet Portugal platform in operation?

History of gambling in Portugal

The first information about the organisation of legal gambling in Portugal dates back to as early as 1783, when it was decided to legalise and create a national lottery. After more than 150 years, the first casino in Portugal – Casino Estoril – was established. By 1970, there is a significant increase in the number of casinos in Portugal. Over time, the perception of them has changed.

Previously, they were entertainment only for the rich and women were not allowed in them on their own. In 1989, it was decided to broaden Portugal’s laws governing gambling. As a result, it was decided to legalise a record number of casino games in the country’s history. Despite this liberal approach to gambling, online gambling was only legalised in 2015. Although the state lottery had already been legalised in 2000, for which the state held a monopoly.

The sites of foreign bookmakers were not top-down blocked, the Portuguese were very keen to use them and the lack of regulation made it a tax-free zone. Today, licensed platforms are required to pay taxes and ISPs have the option to block the sites of unlicensed operators.

There are no consequences for players who accidentally bet on the wrong site. Gambling operators choose to leave this market because of the high tax rates. Consequently, this creates an ideal breeding ground for the development of unlicensed bookmaking operators, whose services the Portuguese voluntarily want to use despite the top-down ban.

Can the Portuguese use the 22bet Portugal platform?

With all the conditions to be met, fewer and fewer online bookmakers are choosing to apply for a licence to operate. The licence that 22bet holds is not the same as the one granted by the Portuguese authorities, hence the 22bet Portugal platform counts as an unlicensed online bookmaker. The 22bet Portugal platform accepts players coming from Portugal without much difficulty.

They are able to obtain all the bonuses and promotions provided. In addition, the entire offer, from betting to the online casino, is placed at their disposal. It should be remembered that the state can start taking consequences against players at any time in order to properly seal the system put in place.