All jurisdictions
PT · Tier 1
Portugal
SRIJ Portuguese licence — fully regulated since 2015, tractable process, smaller market with high tax weight on betting.
At a Glance
- Setup
- €35K–€70K
- Annual
- €50K+
- Timeline
- 16–24 weeks
- Tax
- 8–16% GGR (casino) / 8–16% turnover (betting)
- Markets
- Portugal
- Tier
- 1
UNVERIFIED — figures for guidance only. As of 10 June 2026. Verify with the regulator before making licensing decisions.
What works here
Opportunities
- +Operators wanting a stable EU regulator with a tractable process
- +Casino-led brands (turnover tax destroys margin on betting)
- +Groups using Portugal as part of an Iberian dual-market play
What to watch
Watch-outs
- !Sports betting taxed on turnover — economics rarely work
- !Local Portuguese entity requirement
- !Smaller market than Spain — standalone economics tight
Permitted Verticals
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