Estoril Sol launches new sports betting product in Portugal

Estoril Sol launches new sports betting product in Portugal

Wednesday, August 9, 2017 Posted by Joseph Streeter
The launch marks the expansion of the operator’s venture with Gaming1

Estoril Sol, the Portuguese land-based gaming group and operator of the country’s first ever legal online casino, has expanded its online offering with the launch of a new sportsbook powered by platform provider Gaming1.

The newly rebranded Esconline.pt site has gone live with Gaming1’s state-of-the-art sports betting platform, which is fully compliant with Portuguese regulations.

The launch follows the EstorilSolCasinos.pt joint venture set up by Estoril Sol and Gaming1 last year, with both parties owning 50% of the sportsbetting platform, which brings their particular expertise to the gaming table.

The sportsbook includes a new feature which boosts the odds of any multi-bet slips to offer the best odds to its players.

Opti-odds, developed by Gaming1, is designed to mitigate the effect of high taxation in the Portuguese market, which leads to operators offering lower odds than in other regions.

Sylvain Boniver, Gaming1 CEO told TotallyGaming.com: “The launch of Portugal’s first legal online casino with Estoril Sol has been a major success story and shows just how effective a partnership model between an operator and an all-round provider can be, as both parties work closely to achieve the same ambition.

“We wanted to enhance the user experience even further, and with sports betting accounting for over half of Portugal’s total online gaming revenues in the first half of 2017, launching a sportsbook was an obvious choice as it’s hugely popular in the region.

“What makes our offering unique is that we offer the best odds in Portugal through our unique Opti-odds feature, which has been designed to mitigate the effect of high taxation within the market.”

Totally Gaming says: The continued growth of Estoril, with the help of Gaming1, should ensure the operator’s further prosperity in the Portugese online gaming market. The county’s residents are renowned for their love of sport, and Esconline.pt has been launched to a captive audience.

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