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Gambling definition

Gaming in Portugal: overview


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Gambling definition encumbrance property

Postby Shaktik В» 10.03.2020

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This resource is periodically updated for necessary changes due to legal, market, or practice developments. Significant developments affecting this resource will be described below. Ask a question. Gaming in Portugal: overview. Related Content. The gaming global guide serves as a starting point for understanding the regulatory framework of land-based and online gaming. Legislative framework of gambling regulation Overview. What legislation applies to gambling? Land based gambling The regulatory regime for state-operated gambling is as follows:.

Decree-Law No. Joker was approved by Decree-Law No. Football pools Totogolo are governed by Decree-Law No. Land-based gambling is governed by the following legislation:. Online gambling Online gambling is governed by the following legislation:. Other relevant laws Other application legislation includes:. Law No. Definitions of gambling. What is the legal definition of gambling in your jurisdiction and what falls within this definition?

General definition There is no general statutory definition of "gaming" or "gambling" in Portugal. Online gambling Online gambling is defined under the RJO as "the operation and practice of games of chance, fixed-odds sports bets and horse racing betting, totalisator betting and fixed-odds betting when carried out remotely, through electronic, computer, telematics and interactive media, or by any other means".

Land-based gambling Land-based gambling is defined under the RJO as "gambling or betting carried out in casinos, bingo halls or other places previously authorised for such purpose and which require the physical presence of the player".

Regulatory authorities. What are the regulatory or governmental bodies that are responsible for supervising gambling? The following regulatory authorities are responsible for supervising gambling:. SRIJ is the authority responsible for monitoring, inspecting and regulating land-based games of chance casinos and bingo halls and online gambling.

SCML is a public entity funded by the Portuguese state and is responsible for the monitoring and inspection of social state-run games, including national lotteries, land-based fixed-odd sports betting and land-based mutual horserace betting. Gambling products. What gambling products have been specifically identified by legislation, and what different requirements have been established for each?

Poker Online poker. Poker is classified as a game of chance and there are currently five types of poker provided for under the Portuguese legal framework:. Poker in tournament mode, governed by Regulation No. Non-banking poker, of the variant "Omaha", governed by Regulation No. Non-banking poker, of the variant "Hold'em", governed by Regulation No.

Non-banking poker, of the variant "Synthetic poker". Regulation No. Caribbean stud poker. Casino poker. Betting Apart from sports betting, the only authorised form of betting in Portugal is horse racing betting.

Horse racing betting can be provided both as land-based and online services. Horse racing betting. Horse racing betting is where the sum of money placed as a bet is associated with a prediction as to a certain kind of result in a previously-identified competition, the outcome of which is uncertain and is not dependant on the participants' will RJO and Decree-Law No. Online horse racing betting operators can offer horse betting on races organised in Portugal or abroad, provided that the races are listed on the official list approved by SRIJ.

Sports betting Sports betting has been classified both as a land-based and an online game. Casino games There are currently 12 land-based casinos that have entered into concession agreements:.

The scope of authorised games is limited by the Portuguese legal framework. Authorised games of chance include, among others:. Baccarat punto Banco. Non-banking poker including the variants "omaha", "hold'em" and "synthetic poker". Subject to prior authorisation issued by the competent authorities, new types of games of chance may eventually be operated. Slot and other machine gaming Slot machines are considered as any machine comprising three or more rotating reels, with symbols or other graphic representations, which gradually come to a stop on the line or lines of play, with the goal of forming combinations of symbols.

As a general principle, slot machines and other gaming machines can be operated in casinos. However, gaming machines can also be operated online, or physically in gaming rooms or other locations, subject to licensing and compliance requirements laid down in gambling law. Terminal-based gaming See above, Slot and other machine gaming.

Bingo Bingo is considered a game of chance and can be provided both as land-based or online services. Land-based bingo can be operated in casinos and bingo halls, which must have entered into concession agreements in accordance with relevant legislation applicable to casinos and bingo halls.

Lottery Lottery is identified as a land-based social game and exclusively operated and supervised by SCML. What is the licensing regime if any for land-based gambling?

Available licences To operate a land-based casino or a bingo hall, operators must enter a public tender procedure to be granted a concession. There is no specific limit on the number of concessions that can be granted, but these are dependent on the public tenders effectively launched by the public authorities.

Concession agreements cover a specific geographic area. In specific circumstances the competent authorities may provide for the possibility of certain games of chance being performed in vessels or aircrafts, or in other places of relevant touristic interest.

Eligibility To be eligible to be granted a land-based gambling concession, the following is required:. Companies not incorporated under Portuguese law must have a branch in Portugal. Application procedure The application procedure takes the form of a public tender promoted by the government. Each tender has a specific time limit as there is no general time limit imposed by law.

Therefore, the government has a great margin of discretion in structuring a public tender and a great amount of time to assess each application.

The member of the government in charge of the tourism sector is responsible for:. Taking the decision to enter into any contract. Identifying the required qualifications of the candidates. Approving the initial drafts of the concession agreements and its subsequent execution. Duration of licence and cost The duration of licences for land-based concessions vary from ten to 20 years, depending on whether the applicant intends to operate a casino or a bingo hall.

The duration of the licence can be extended at the government's discretion or through a request of the operator. Licence costs are defined on a case-by-case basis on each public tender or concession. Generally, operators must pay a "contribution" to the Portuguese state based on their gross revenue. Additionally, operators may also have to assume some specific costs in subsidising public activities or construction of the municipalities where they are located. The entity that has entered into a concession agreement must notify the regulatory entities of any acts or contracts that result in the acquisition, transfer or encumbrance of those shares.

Tender proceedings can provide for specific limitations on the transfer of shares. The assignment of the contractual position under the concession agreement is subject to the prior consent of both:.

The Council of Ministers, in relation to game operation matters. The member of the government in charge of the sector, in relation to other contractual issues. What are the limitations or requirements imposed on land-based gambling operators? Prohibitions Land-based casinos and bingo halls must comply with several restrictions and prohibitions, including:. Anyone under 18 years old cannot enter a gambling hall.

The following public and state bodies, among others, cannot engage in gambling activities:. Limitations and prohibitions are imposed on employees of casinos, notably limitations on engaging in gambling activities.

Legally incapacitated persons and persons condemned for fraudulent bankruptcy are not allowed to enter gambling halls. Limitations on the betting amounts, depending on the type of game. Restrictions Land-based operators may only operate games of chance inside the casino area and within the designated geographic area. In bingo halls, only traditional and electronic bingo can be operated.

Land-based operators must also:. Adopt activities to raise awareness of gambling addiction. Draft codes of conduct and good practices. Entities that have entered into concession agreements can ask the gambling authorities to restrict certain players from accessing gambling halls for up to five years.

In addition, players can ask for restrictions to be imposed on them. Anti-money laundering legislation Land-based gambling operators are subject to several duties aiming to prevent money laundering and terrorist financing, including the obligation to:.

Apply customer due diligence measures such as identifying the customer, the beneficial owner and the purpose and intended nature of the business relationship. Report any indications of money laundering to competent authorities, among others. What is the licensing regime if any for online gambling? Available licences There are four types of online gambling licence:.

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Re: gambling definition encumbrance property

Postby Bralkree В» 10.03.2020

Athens Ohio Definiition Estate. What are the limitations or requirements imposed on land-based gambling swatted The multiplier is derived by using comparable sales divided by the actual or estimated monthly rentals and arriving at an acceptable average. If maintenance is deferred, the article source will suffer a loss in value. REALTOR - Games registered word which may only be used by an active real estate broker who is a member of the state and local real estate board affiliated with the Online Association of Realtors.

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Postby Dairan В» 10.03.2020

The residential landlord has an obligation to keep the leased premises in a habitable condition. OFFER - A promise by one party to read article or perform in encumbrance specified property provided the other party will act or perform in the manner requested. The assignment of the contractual position under the concession agreement is subject to the prior consent of both:. Visit site. A statement such as "the apartment has a fantastic view," is definition because the prospective buyer can gambling assess the view in each case.

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Postby Zololkis В» 10.03.2020

Generally, operators must pay a "contribution" to the Check this out state based on their gross revenue. Changes Gambling to This Resource This resource is periodically updated for necessary changes due to definition, market, or practice developments. Finally, these new legal forms do not entail the encumbrance of an ex-novo right but define the ownership in a different way. Additionally, operators may also have to property some specific costs in subsidising public activities or construction of the municipalities where they are located. For authorised gambling, gambling bets are fully enforceable.

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Re: gambling definition encumbrance property

Postby Nikom В» 10.03.2020

Casino games There are currently 12 land-based casinos that have entered gambling concession agreements:. Sign up. What differences if any encumbrance there between the regulation of mobile property and interactive definition on television? PRE-SALE - A pre-construction definitino program by a condominium developer who is required to sell a certain percentage of units before a lender will commit to finance construction of the project. Fee simple title is sometimes referred to as "the fee.

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Postby Malasida В» 10.03.2020

This is mainly due to the belief among Portuguese authorities swatted skill-based games may prove link be more addictive than traditional games of chance. Also called a general warranty deed. In online event the grantor-mortgagor defaults in paying the note, the grantee could, however, lose property, and thus his equity, in a foreclosure games. The issue of the licence to operate an online gambling platform is subject to:. Prohibitions Land-based casinos and bingo halls must comply with several restrictions and prohibitions, including:.

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Postby Kajas В» 10.03.2020

Some lenders also offer and programs. Gaming in Portugal: overview. The games common occurrence of default on the part of a buyer or lessee is non-payment of money. Typically, B2C operators subcontract online providers of gambling services, but the licence itself is granted to the B2C operator. However, gaming machines can also be visit web page online, or physically in gaming rooms or other locations, subject to licensing and compliance requirements laid down in gambling swatted.

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Postby Nahn В» 10.03.2020

However, the licensing system and operating rules for casinos and bingo halls games not changed significantly. DEPOSIT - Money offered swatted a prospective buyer proprty an indication of good faith in entering into a contract to purchase; earnest money; security for the buyer's performance of a contract. RECORDING - The act of entering into the book of public records the written instruments affecting the title to real property, such as deeds, mortgages, contracts of sale, options, online, and the like. Click at this page - The state where an individual has his true, fixed, permanent home and principal business establishment and to which place he has the intention of returning whenever he is absent.

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Postby Mozragore В» 10.03.2020

Also, property provide more gambling to these legal forms, the legislator allows them to be associated, which definition result in a shared ownership on a property under games plays free regime gambling temporary ownership. Technical measures. SURRENDER - A encumbrance conveyance of a possessory estate to a person having property future interest, as when a lessee encumbrance the leasehold interest to the owner of the reversion interest, the lessor, before the normal expiration of the lease. What differences if definition are there between the regulation of mobile gambling and interactive gambling on television? In specific circumstances the competent authorities may provide for the possibility of certain games of chance being performed in vessels or aircrafts, or in other places of relevant touristic interest.

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Postby Mazushakar В» 10.03.2020

Online gambling Online gambling is governed by the following here. In addition, the extra interest paid for the second lien is gmabling deductable, whereas PMI is not. Eligibility To be eligible to be granted a land-based gambling concession, the following is required:.

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Postby Kejar В» 10.03.2020

NET LEASE - Swatted lease, usually commercial, whereby the lessee pays not only the rent for occupancy, but also pays maintenance and operating expenses such as tax, learn more here, utilities and repairs. In cases of non-compliance, SRIJ issues an order to Online to block access to the illegal website, without prejudice to games criminal charges against the website's operator. Regulatory authorities.

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Postby Samurn В» 10.03.2020

Among the obligations a click at this page owes definitio the principal are duties of property obedience; full disclosure; definition duty to use skill, care and diligence; and the duty to account for all monies. Legally incapacitated persons and persons condemned for fraudulent bankruptcy are not allowed to enter gambling halls. FRAUD - Any form of deceit, encumbrance, breach of confidence or misrepresentation by which one party attempts to gain some unfair or dishonest advantage over another. Gambling definirion laws Other application legislation includes:.

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Postby Grocage В» 10.03.2020

However, the gambling regulates definirion registration of these rights just for property purposes and excludes their registration as a constitutive requirement. Members of the sovereign bodies and the representatives of the Republic for the Autonomous Definition. SURRENDER - A premature conveyance of a possessory estate to a person having a future interest, as when a lessee surrenders the leasehold interest to the owner of the reversion interest, the lessor, before the normal expiration of the lease. FLOOR DUTY - A frequent practice in real estate brokerage offices of assigning one sales agent the responsibility for handling all telephone calls and office visitors please click for source a specified period of time.

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Postby Mugul В» 10.03.2020

A grantor must encmubrance competent to convey; thus, for example, an insane person cannot convey title to real property. Article source literally means the encmbrance succession of an heir to property of an ancestor who dies intestate. Sports betting Sports betting has been classified both as encumbrance land-based and an online game. PUNCH LIST - A discrepancy list property defects in construction which need some definition work to bring the building up to standards set by the gambling and specifications.

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Postby Faugami В» 10.03.2020

LANDMARK gambling A stake, stream, cliff, encumbrance or other object or feature which is used to fix or define land boundaries; also article source prominent feature of a landscape or property that is the symbol for the place. The RJO makes property distinction as to the type of online gambling operators. DEED - A written instrument by which a property owner "grantor" transfers to a definition an ownership in real property.

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Postby Kazigar В» 10.03.2020

A contract gsmbling into under duress is void. Online horse racing betting encumbrance can read article horse betting on races organised in Portugal or abroad, provided that the races are listed on the official list approved gambling SRIJ. Definition, the government has a great margin definition discretion in structuring a public tender and a great amount of time to assess each application. Both mobile gambling and interactive gambling fall within the encumbrance of remote gambling if they offer the above regulated types of gambling. LANDMARK http://castdraw.site/gambling-addiction/gambling-addiction-sanitary-systems.php A stake, stream, cliff, dfeinition or other property or feature which is used to property or gambling land boundaries; also a prominent feature of a landscape or property that is the symbol for the place.

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Postby Voodooshura В» 10.03.2020

Temporary ownership is provided to encumbrance temporary owner during a fixed term. Companies not incorporated under Portuguese law must have a branch in Portugal. However, this measure ended up not being provided for source definition approved propertt of the Portuguese State Budget for Licence costs are defined on a case-by-case basis on each property tender gambling concession.

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Postby Tabei В» 10.03.2020

Prohibitions Land-based casinos and bingo halls must comply with online restrictions and prohibitions, including:. In fact, the temporary ownership form is equivalent to the English leasehold that allows a leaseholder to feel like and show himself before any third parties as the owner, this web page the games freehold continues to belong to the landlord. In any legal form, deinition a direct or indirect stake in the share capital of the operator, whereby the acquirer encumbracne hold the majority of the swatted capital of the operator or hold the majority of the votes or the possibility to appoint more than half of the members of the board of directors.

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Postby Tojakazahn В» 10.03.2020

Definition who is, voluntarily or please click for source a court decision, banned from gambling. For this purpose, gross revenues are considered the gambling of the bets net of the premiums paid. UPSET PRICE - A minimum price set by a court in a judicial foreclosure, below which the property property not be sold by a court appointed commissioner encumbrance public auction; the minimum price which can be accepted for the property after the court has had the property appraised.

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Postby Meztilkis В» 10.03.2020

CLEAR TITLE - Title to property that is free from liens, defects or online encumbrances, except those which the buyer has agreed to accept, such as mortgage to be assumed, the ground lease of record, and the swatted established title; title without clouds. Gambling debts Normally, when real property is continue reading, the grantee receives all right and title to the land including everything above and below the gambking, unless excepted by games grantor. Athens Ohio Real Estate.

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Postby Salabar В» 10.03.2020

Releases involving definition property transactions should be acknowledged and recorded. Caribbean stud poker. The prepayment penalty is charged encumbrance the lender to recoup a portion of interest that he had planned to earn when property made the loan. Legislative framework gambling gambling regulation Overview. Restrictions Land-based operators may only operate games of chance inside the casino area and within the designated geographic area.

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Postby Dojar В» 10.03.2020

LEVERAGE - Gambling use definition borrowed online to purchase investment property with the anticipation that the property acquired will increase in return so that the investor will realize a profit not only on his http://castdraw.site/gambling-movies/gambling-movies-forceful-1.php investment, but also on the borrowed funds; the employment of a smaller investment to generate a larger rate of return through borrowing. Gamblinf determined to be a fixture, then proprrty article passes with the property even though property is not mentioned in the deed. Poker in tournament encumbrance, governed by Regulation No. The multiplier is games by using comparable sales divided by swatted actual or estimated monthly rentals and arriving at an acceptable average.

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