While Portugal might have just suffered a stunning 4-0 World Cup loss to Germany, spirits are generally speaking full of the nation. The Portuguese economy is looking up after a recession that is long and the country seems prepared to stand on its very own feet in the place of relying any further on European help. Still, the nation looks as though it will consider one measure asked for by the international bodies that helped bail the country out in 2011: liberalizing the online gambling that is national marketplace.
In accordance with reports, the Portuguese federal government has scheduled time that is parliamentary debate the issue of Internet betting prior to the end regarding the current session, that may conclude on July 10. The so-called ‘Troika’ ( consists of the International Monetary Fund, European Central Bank and the EU Commission) that sponsored the €78 billion bailout had asked Portugal to make changes to its online gaming structure, with those requests becoming more fervent earlier this 12 months.
Legislation Would End Gambling Monopoly
The tax that is potential from an open and regulated online casino marketplace is observed as an important income stream for Portugal going forward. At the moment, the industry is dominated by a monopoly controlled by Santa Casa da Misericordia de Lisboa (SCML), a religious