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Portugal to grant online gaming licences to boost tax receipts

7th October 2013 9:16 am GMT

The Portuguese government has announced that it plans to grant online gaming concessions in an effort to increase tax revenues to help meet its 4 per cent budget deficit target for 2014.

The announcement followed a visit last week by representatives of the International Monetary Fund, the European Commission and the European Central Bank (the troika), who were in Portugal to assess the country's ongoing programme of cuts and reforms under the terms of its 2011 [...]

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