The new Legal Regime for Gambling and Online Betting

António Mendes de Almeida, M&A, Corporate Finance practice managing associate, and Tiago Bessa, TMT practice managing associate , write an article for Advocatus, a Portuguese law business magazine, on the new Legal Regime for Gaming and Online Betting (Regime Jurídico dos Jogos e Apostas Online).

"The Legal Regime for Gaming and Online Betting follows the liberal model, foreseeing the possibility to assign permits, without any concession of exclusivity, to all entities which assemble the (demanding) requirements, of suitability, as well as, economic, financial and technical capacity, for a renewable three year period", state the lawyers.