3 Oaks Gaming Receives Regulatory Approval to Enter Portugal’s iGaming Market
3 Oaks Gaming has been granted permission to operate in Portugal, signifying a major milestone in the company’s European growth strategy. The gaming content developer has successfully fulfilled the stringent requirements established by the Portuguese gaming authority, Serviço de Regulação e Inspeção de Jogos Turismo de Portugal, and is now authorized to supply a range of its well-received games to Portuguese operators. This encompasses popular choices such as Gold Nuggets, Aztec Fire 2, and Sun of Egypt 4. Beyond its captivating games, 3 Oaks will also furnish access to its promotional resources, including the novel Flip2Win function, which ensures players a victory with each play session. This recent authorization follows closely on the heels of 3 Oaks obtaining its remote operating license from the UK Gambling Commission just a few weeks prior, underscoring the company’s ambitious expansion objectives. Sebastian Damian, Managing Director of 3 Oaks Gaming, conveyed his enthusiasm regarding the Portuguese market, affirming that the company is well-prepared for triumph due to its robust portfolio and cutting-edge promotional instruments.
Theres a clear demand for our slot game format in the European market, particularly those featuring our ‘Hold and Win’ mechanic – players in that region are drawn to the significant winning possibilities it offers. Aligning with operators in Portugal in the near future to introduce these games to a fresh player base is a logical progression.”
Prominent entities such as Betway (collaborating with GiG) and MGA Games (joining forces with Solverde.pt) are already establishing a presence in Portugal, indicating that 2024 is poised to be a pivotal year for the Portuguese gaming sector.