RETAbet has secured a license from the Portuguese gambling regulator, SRIJ, enabling it to launch slots and sports betting in the country. This expansion marks Portugal as the third market for RETAbet, complementing its existing operations in Spain and Peru.
Key Takeaways
- RETAbet has received a license from Portugal's gambling regulator, SRIJ.
- The authorisation allows RETAbet to launch its slots offering in Portugal; table games are not covered.
- This expansion establishes Portugal as RETAbet's third operational market, alongside Spain and Peru.
Regulatory Approval and Market Entry
The SRIJ granted RETAbet licence 033 for fixed-odds sports betting and licence 034 for machine games (slots) on 24 July 2026, for an initial three-year term. The launch in Portugal will operate through the domain retabet.pt. This regulatory approval facilitates the operator's entry into the Portuguese market.
Strategic Market Expansion
Portugal represents a strategic expansion for RETAbet, which previously operated in Spain and Peru. The operator has maintained retail betting shops in Spain since 2008 and an online presence since 2012 under a DGOJ license, contributing to the Spain gaming market. In Peru, RETAbet has operated for five years.
Portugal's market
Portugal's online gross gaming revenue rose 13.7% year on year to €323.7m in the first quarter of 2026, according to the SRIJ.
Sources: RETAbet takes 'natural' next step with Portugal expansion after securing license