New Posts For Thread: Portugal: the new regulated markethttps://community.betfair.com/general_betting/go/thread/view/94082/30487921/portugal-the-new-regulated-marketThe law is now official. A turnover tax between 8 and 16% for traditional bookmakers and a 15% tax for exchange markets, like in the UK. And a tax between 15% and 30% for online gambling. Is Betfair going to remain in Portugal after the end of June?1) Unlike Spain or Italy markets for poker and exchange are openpoker is ringfenced.not sure about exchanges in spain though.none are signed up yet i think because the details havent been finalised.....they were going over them to see what will work.https://community.betfair.com/general_betting/go/thread/view/94082/30487921/portugal-the-new-regulated-market?post_id=544559583#5445595831) Unlike Spain or Italy markets for poker and exchange are openpoker is ringfenced.not sure about exchanges in spain though.none are signed up yet i think because the details havent been finalised.....they were going over them to see what will work.Sat, 02 May 2015 16:26:53 -0500I think gambling addicts give the industry a bad name. People need to take responsibility of their actions instead of blaming the industry for letting them blow all their cash. When this happens the government get support to charge the industry highehttps://community.betfair.com/general_betting/go/thread/view/94082/30487921/portugal-the-new-regulated-market?post_id=544549163#544549163I think gambling addicts give the industry a bad name. People need to take responsibility of their actions instead of blaming the industry for letting them blow all their cash. When this happens the government get support to charge the industry higheSat, 02 May 2015 05:48:50 -0500The UK would be fine if the Gambling Commission actually had any interest in protecting punters from unfair practices.https://community.betfair.com/general_betting/go/thread/view/94082/30487921/portugal-the-new-regulated-market?post_id=544548741#544548741The UK would be fine if the Gambling Commission actually had any interest in protecting punters from unfair practices.Sat, 02 May 2015 04:54:42 -0500They are ruining the UK for surehttps://community.betfair.com/general_betting/go/thread/view/94082/30487921/portugal-the-new-regulated-market?post_id=544548515#544548515They are ruining the UK for sureSat, 02 May 2015 04:22:46 -0500Seems like Governments in Europe are ruining the gambling industry with high tax and regulation.https://community.betfair.com/general_betting/go/thread/view/94082/30487921/portugal-the-new-regulated-market?post_id=544548247#544548247Seems like Governments in Europe are ruining the gambling industry with high tax and regulation.Sat, 02 May 2015 03:41:02 -0500As far as I know:1) Unlike Spain or Italy markets for poker and exchange are open;2) Yes, that's right, a turnover tax for bookmakers;3) In play betting allowed.No we are waiting for July for the final rules. I guess that our law will be one of the bhttps://community.betfair.com/general_betting/go/thread/view/94082/30487921/portugal-the-new-regulated-market?post_id=544546625#544546625As far as I know:1) Unlike Spain or Italy markets for poker and exchange are open;2) Yes, that's right, a turnover tax for bookmakers;3) In play betting allowed.No we are waiting for July for the final rules. I guess that our law will be one of the bFri, 01 May 2015 18:21:42 -0500A turnover tax between 8 and 16% for traditional bookmakers That can't be right? The betting exchanges will slaughter traditional bookshttps://community.betfair.com/general_betting/go/thread/view/94082/30487921/portugal-the-new-regulated-market?post_id=544545533#544545533A turnover tax between 8 and 16% for traditional bookmakers That can't be right? The betting exchanges will slaughter traditional booksFri, 01 May 2015 16:28:15 -0500is in play betting allowed in Portugal ?https://community.betfair.com/general_betting/go/thread/view/94082/30487921/portugal-the-new-regulated-market?post_id=544541509#544541509is in play betting allowed in Portugal ?Fri, 01 May 2015 11:42:18 -0500Moreover, it's an open market with international liquidityhttps://community.betfair.com/general_betting/go/thread/view/94082/30487921/portugal-the-new-regulated-market?post_id=544514673#544514673Moreover, it's an open market with international liquidityWed, 29 Apr 2015 12:57:10 -0500The law is now official. A turnover tax between 8 and 16% for traditional bookmakers and a 15% tax for exchange markets, like in the UK. And a tax between 15% and 30% for online gambling. Is Betfair going to remain in Portugal after the end of June?https://community.betfair.com/general_betting/go/thread/view/94082/30487921/portugal-the-new-regulated-market?post_id=544514657#544514657The law is now official. A turnover tax between 8 and 16% for traditional bookmakers and a 15% tax for exchange markets, like in the UK. And a tax between 15% and 30% for online gambling. Is Betfair going to remain in Portugal after the end of June?Wed, 29 Apr 2015 12:55:27 -0500