A former Portuguese 888Sport (SBR rating B) player has written Sportsbook Review after realizing that the online sportsbook no longer services his country.
The player asked the reason for the closure and wondered what his options were as a sports bettor from Portugal. 888Sport, along with a handful of other online betting sites, no longer service Portugal due to controversial law that taxes wagering volume, instead of what many industry pundits should be gross gaming revenue.
A study by the Remote Gambling Association suggested that the Portuguese government is actually shorting itself at least €20 million due to their controversial position.
As a result of the tax law, online sportsbooks have been pulling out of Portugal.
888Sport (SBR rating B) is the latest sportsbooks to do so.
Sportsbook Review reported three and a half months ago when BetAtHome (SBR rating C-) suspended service to their Portugal based players.
While online sportsbooks were quick to exit the North American market years ago at the first sign of legislation, international bookmakers are now doing the same as new gambling law is in place and sports betting companies simply do not want to pay unnecessary taxes in markets that may be less desirable.
This leaves Portuguese players scrambling to find online sportsbooks to call home.
Sportsbook Review has a rating guide with a filter showing countries accepted by each online sportsbook. Portugal is one of these filters, so sports bettors can navigate through a complete list of results, categorized by betting options, eWallet, and other key information for selecting an online sportsbook.
Sportsbook Review will keep readers updated as countries exit Portugal and other locations due to tax legislation or for business decisions.
High Profile Exits
Pinnacle Sports exited the UK market last September ahead of the UK gambling law taking effect.
Ladbrokes existed Canada October 1st of last year.
Matchbook exited Canada July of last year.
British bookmaker WilliamHill exited Portugal, Spain, and China in the last two years.
Players with feedback are encouraged to write to firstname.lastname@example.org.