Portugal News - Page 2

Portugal very likely to regulate online poker in July, bringing the country in line with other European counterparts who have regulated it.

The major slot manufacturer is proceeding with several initiatives that are designed to ward off the competition.

The three-event season begins in Vilamoura at the renowned Casino Vilamoura on April 14-17.

This week, two countries have announced that are taking vastly different approaches to online gambling. While the Netherlands has decided to license and regulate online poker — and online poker only — South Africa's courts have banned online gambling completely.

International news brief: Bwin lost a challenge to Portugal's sports-betting monopoly after a EU court said gambling restrictions are legal if they target fraud and crime.

International News Brief: Revenue at Portuguese casinos rose by 10.6 percent in the first quarter of 2006, against the same year-ago period, to 83 million euros, thus changing eth downward trend that had been felt over the last few quarters.

News Brief: The Lisbon Casino has already set an opening date, according to Mário Assis Ferreira, administrator of the Estoril Sol society.

International News Brief: Portugal will probe online gaming company BetandWin.com Interactive Entertainment AG's sponsorship of the country's national soccer league.

International News Brief: A couple walked into a casino near the Lisbon, Portugal over the weekend and left minutes later with 641,215 euros after putting a total of just 60 cents into a slot machine, a casino spokeswoman said.

International News Brief: Portugal's Casino Estoril says it awarded a record 32.3 million euros in prize money in January.

International News Brief: Portugal is odds-on favourite to beat Greece in the Euro 2004 final Sunday even though the Greeks beat the host country in the tournament's opening game.