April 05, 2012

Betclic exits Portuguese market

Court proceedings could have a devastating impact on football sponsorships provided by online gambling companies. In the latest news within the Portuguese market, Betclic has confirmed to the newspaper Publico that it is about to exit the Portuguese market. If this proceeds, it will end its sponsorship program and impact some 28 regional soccer clubs, sports observers have noted.

It’s also been reported that the litigious actions of Portuguese gambling monopoly Santa Casa de Misericordia de Lisboa, which has launched successful civil actions against Betclic, Bwin & other European internet gambling groups, may have a possible negative impact on football in that country. Various online companies have strongly supported them through sponsorships.

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