Caravel Secures Online Betting and Gaming Licences in Portugal

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Caravel Entertainment has secured two new licences to offer sports betting and games of chances in Portugal.

Approved by the country’s Comissão de Jogos do Turismo de Portugal, the licences will enable Malta-headquartered Caravel to operate its Moosh brand in Portugal. Players in Portugal will soon be able to access both sports betting and games of chance via the domain.

Caravel Entertainment becomes the twelfth operator to secure gambling licences in Portugal, joining the likes of 888, The Stars Group, Betclic Everest Group and Betano.

Portugal’s national gambling regulator Serviço Regulação e Inspeção de Jogos do Turismo de Portugal is yet to publish Q3 financial results for the country’s online gaming market.