Estoril Sol secures second online gambling license in Portugal

Portugal has issued its eight online gambling license, even as locally licensed operators struggle to find new customers.

On Tuesday, gambling regulator Serviço de Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) awarded Estoril Sol Digital Online Gaming and Products Services, SA, a license to offer sports betting on its website estorilsolcasinos.pt.

This is the second license for Estoril Sol, which obtained Portugal’s first online casino license under the government’s new regulated online gambling market last year. The company, chaired by SJM Holdings’ founder Stanley Ho, operates three land-based casinos in Portugal: Casino Estoril, Casino Lisbon and Casino da Povoa.

Estoril said it will use its Belgian platform Gaming1 to offer a range of sportsbetting products at its newly rebranded Esconline.pt site. The sportsbook includes a Gaming1-developed feature, called Opti-Odds, which promises to boost the odds of any multi-bet slips.