Portugal’s First Online Casino Goes Live
The European country of Portugal has awarded its first ever online casino license to the locally based casino operator Estoril Sol, which follows on from the recent deals struck with the Betclic Everest Group as well as Bet Entertainment Technologies, who previously received approval to offer local online betting in the sports markets.
Estoril Sol owns and operates the land based Casino Estoril, Casino Lisboa and Casino da Póvoa venues, and their gambling offerings have now gone live online via the Estorilsolcasinos.pt portal.
Helping them out with the iGaming side of things will be the Belgian content provider GAMING1, who has taken a 50% share in the newly formed venture with Estoril Sol, and the new online site currently features 15 slots, 2 roulette games and 1 blackjack table as part of its initial roll out, with more content promised to be added in the weeks and months ahead.
Estoril Sol is a subsidiary of the Asian gaming giant Stanley Ho Group, and they currently hold 64% of the local land based casino market in Portugal, and their presence in the country dates back to more than 50 years.
Speaking on the new joint venture Estoril Sol’s Executive Director, Mr Vieira Coelho, stated his admiration for GAMING1’s online casino products and services, and he also mentioned Estoril Sol’s desire to enter into more strategic partnerships such as the one which has been struck with GAMING1.
GAMING1 is a B2B subsidiary of the Ardent Group, who own the Circus gaming brand and also has Belgian connections.
Speaking on the subject of the new joint venture Mr Sylvain Boniver, who acts in the position of Chief Executive at GAMING1, said it was a proud moment for the Belgian brand as they become the first recipients of a licensed online casino in the Portuguese market.
On a broader scale Mr Boniver believes the new joint venture speaks well of GAMING1’s abilities as both a business partner and content provider, and that partnerships with land based casinos are a natural fit and one of the company’s strengths.