TER 18 DE SETEMBRO DE 2018 - 23:09hs.

Portugal issues eleventh igaming license to Cofina Media

The Portuguese gambling regulator, Serviço de Regulação e Inspeção de Jogos (SRIJ), has issued the 11th igaming license since the regulation of the nation’s market in 2015. The Cofina group has obtained a license to exploit for three years games on the platform www.nossaaposta.pt.

Cofina Media, which in turn is wholly owned by Cofina SGPS, is' 40% owned by Cofina Media and is "a platform based on innovation, entertainment and social responsibility,” according to the company.

The license was issued on September 22 and A Nossa Aposta – Jogos e Apostas Online, S.A. was its recipient. The newly licensed entity will be operating in the local market under the Nossa Aposta brand and will offer local customers online casino games and more specifically online slot games.

This has been the seventh license for the provision of online casino games to have been granted by SRIJ since the opening of the local market. In addition, the regulator has also issued four licenses for online sports betting services. In September only, the Portuguese iGaming market welcomed three new licensees.

Portugal’s new online gambling law came into force in 2015, but it was not until last May that a first license was issued. French online gambling operator Betclic was the first one to enter the newly regulated market by receiving a license for the provision of sports betting services.

Source: GMB