• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Stanley Ho firm launches Portugal’s first online casino

Jul 27, 2016 Newsdesk Latest News, Top of the deck, World  


Stanley Ho firm launches Portugal’s first online casino

Portuguese gaming operator Estoril Sol SGPS SA – majority controlled by business interests connected to Macau casino entrepreneur Stanley Ho Hung Sun – launched this week what Portuguese media described as the first licensed website to offer legal online casino gambling in Portugal.

The website was established in partnership with an entity called Gaming1. The latter describes itself in a press release as part of the Ardent Group. The website’s licence is valid for a period of three years.

Estoril Sol runs three land-based casinos in Portugal: Casino Estoril, near the country’s capital Lisbon; Casino Lisboa, in Lisbon; and Casino da Póvoa, near Porto, Portugal’s second largest city.

The platform EstorilSolCasinos.pt (pictured) is available for mobile and desktop devices. It was launched offering 18 games, including video slots, roulette and blackjack. More content will be added later, Gaming1 said in its press release.

According to its latest annual report, Estoril Sol includes as members of its governing bodies several people who are also key executives at Macau-based casino operator SJM Holdings Ltd: Mr Ho is chairman of the board of directors of both companies; Rui Cunha, executive director of SJM Holdings, is chairman of the advisory board at Estoril Sol; and Ambrose So Shu Fai, chief executive of SJM Holdings, is a board member at Estoril Sol.

SJM Holdings is not a shareholder at Estoril Sol; Mr Ho and related parties control the company via Finansol – Sociedade de Controlo, SGPS.

Mr Ho’s daughter Pansy Ho Chiu King is a board member at Estoril Sol; she also chairs the firm’s executive committee. Ms Ho is not directly connected with SJM Holdings, but she is co-chairperson of Macau-based casino operator MGM China Holdings Ltd.

Online casino gaming is currently not allowed in Macau. The city’s casino regulator so far has disclosed no plans to introduce changes to allow online casino gambling.


  • tweet
Related articles
  • Macau Legend US$152mln loss, eyes Macau ops after 2022
    Macau Legend US$152mln loss, eyes Macau...

    Jun 29, 2022  

  • Moody’s confirms SJM Holdings’ ratings, negative outlook
    Moody’s confirms SJM...

    Jun 27, 2022  

More news
  • 5-casino Thai market ok says National Assembly committee
    5-casino Thai market ok says National...

    Jun 30, 2022  

  • 2nd tower at Sheraton to be used for Macau Covid fight
    2nd tower at Sheraton to be used for...

    Jun 30, 2022  


Latest News

5-casino Thai market ok says National Assembly committee

5-casino Thai market ok says National Assembly committee

Jun 30, 2022  

A committee of the Thai National Assembly looking at the issue of casino resorts for that nation has suggested it could be viable to have five, spread across the country, as localised drivers of...
Read More
2nd tower at Sheraton to be used for Macau Covid fight

2nd tower at Sheraton to be used for Macau Covid fight

Jun 30, 2022  

Pagcor rev topped US$5.4bln in 6 years, says Domingo

Pagcor rev topped US$5.4bln in 6 years, says Domingo

Jun 30, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

"There is still no clarity about when border easing for Macau will occur. In the end these changes are needed to see a rebound for Macau business"

Vitaly Umansky, Louis Li and Shirley Yang

Analysts at brokerage Sanford C. Bernstein



Most Popular

  • Macau casino Covid tests from Fri, ops pay for staff testsMacau casino Covid tests from Fri, ops pay for staff tests June 28, 2022
  • China quarantine easing good signal for Macau: analystsChina quarantine easing good signal for Macau: analysts June 29, 2022
  • LVS full recovery may take until 2024: Moody’sLVS full recovery may take until 2024: Moody’s June 29, 2022
  • SJM to make 2nd of pledged staff subsidy payments for 2022SJM to make 2nd of pledged staff subsidy payments for 2022 June 27, 2022
  • Moody’s confirms SJM Holdings’ ratings, negative outlookMoody’s confirms SJM Holdings’ ratings, negative… June 27, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us