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Belgium: online gambling represented a third of total revenue in 2015

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Online gambling pushes Belgium’s revenue
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The Belgian Gambling Commission revealed that during 2015, online gambling represented a third of total revenue.

 

Last week, the Belgian Gaming Commission (BGC) released its 2016 annual report, which (confusingly) contains Belgian-licensed operators’ financial information from 2015, allegedly due to the slow pace at which operators compile their individual statistics.

According to these stats, Belgian-licensed gambling revenue totaled €622m in 2015, 17% higher than 2014’s tally. Total online revenue was €211.3m, just over one-third of the overall figure.

The BGC’s ‘A’ license category of casino operators reported land-based gaming revenue of €102.3m in 2015, down 7% year-on-year. By contrast, these operators reported their online gambling revenue rising 41.2% to €78.6m in 2015.

The BGC breaks down its eight online casino ‘A’ licensees by amounts generated, but doesn’t identify these operators by name. Whoever they are, the top two online casinos claimed more than half (€44.2m) of this online pie.

The ‘B’ category of license involves slot machine arcade operators, who generated combined revenue of €234.5m in 2015, up 11.6% year-on-year. Of this sum, €157.3m (+3.4%) was generated at land-based venues, while €71.7m (+30.6%) came online. The top two online arcades also scored more than half (€39.8m) of the online total.

The ‘F’ licensed betting operators reported overall revenue of just under €206.5m, up 22.4%. Land-based betting improved 21.7% to €145.5m while online betting gained 24% to just under €61m. Here again, the top two online betting sites claimed more than half (€34.2m) of the total.

As for unauthorized online gambling sites, the BGC added 12 more names to its online blacklist in 2016, the same number as in 2015.

The BGC issued 85 administrative fines against gambling operators and their customers in 2016, including on one unauthorized (and unidentified) online gambling site. The BGC is one of the few regulators that actually penalizes players for playing with unauthorized sites, and nine players were hit with such fines in 2016.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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