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A leading figure in the tourist and gaming industries in Portugal Mário Assis Ferreira back in February took part in a Lower House committee debate in Brazil where lawmakers of that country discussed a bill seeking to legalize the gaming activity in the South American giant, an appealing market to the Estoril Sol Administration Board he commands. Sinking into the Atlantic - Macau Business Mr Assis Ferreira says high taxes and the decline in revenue are crushing the casino industry. Estoril Sol’s casinos together have almost two-thirds of the market in Portugal. Casino association data shows Estoril Sol earned EUR173.7 million in gross gaming revenue last year.