Gambling Commission signs information sharing deal with Portugal

Great Britain’s Gambling Commission has agreed a co-operation and information sharing deal with its Portuguese counterpart that aims to help both groups improve their processes and regulations.

The memorandum of understanding with the Servi?§o de Regula?§??o e Inspe?§??o de Jogos (SRIJ) is intended to “strengthen and complement” the cooperation agreement signed by the gambling regulators of EEA Member States in November 2015.

“We are pleased to announce this bilateral agreement with the SIRJ as part of our continuing co-operation,” said Nick Tofiluk, the Commission’s director of regulation.

“Working together with other international regulators is essential to effective gambling regulation and MoUs are a useful way of formalising and streamlining the procedures for information sharing as an aid to efficient and effective collaboration.”

Portugal recently issued its first licence for sportsbetting, following a market reregulation.

A statement from the SRIJ said: “The agreement sets out a mutual collaboration plan intended to drive efforts to safeguard that online gambling is conducted in a fair and open way, to avoid excessive and unregulated gambling, to prevent gambling from being a source of crime and disorder, as well as to protect vulnerable people from addiction or exploitation.

Great Britain’s Gambling Commission also recently appointed a new executive director, as it continues to shake up its management board.