Connect with us

WINNING COMBINATION - SOFTSWISS develops innovative iGaming software products for online casino, sports betting, and beyond. Our products can be delivered as standalone solutions or combined into a single iGaming Platform.

The future of sports betting: BETBY sportsbook is focused on innovation through deep industry knowledge, state-of-the-art software & endless customization possibilities.

Industry News

Belgian Operators to Challenge New Weekly Deposit Limit

Published

on

Belgian Regulator Blacklists Four More Gambling Sites
Reading Time: < 1 minute

 

Belgium’s online gambling operators are preparing to challenge the decision by the Belgian Gambling Commission to enforce a weekly deposit cap of €500 per client on all Belgian-licensed platforms. The Belgian Association of Gambling Operators (BAGO) has publicly expressed its dissatisfaction with the Commission’s decision.

BAGO members expect to appeal this new restriction, which can be further decreased at the request of a customer but can in no circumstances be removed, irrespective of whether a customer can show sufficient financial ability to justify the higher expenditure.

Emmanuel Mewissen, Ardent Group’s BAGO president and CEO, says Belgian-licensed operators were furious at the BGC for moving the goalposts unilaterally without consulting its licensees. As a result, BAGO expects to lodge an appeal with the Belgian Council of State about the deposit cap.

Mewissen cautioned that the BGC’s attempts to protect underage gamblers would backfire by pushing clients to move to globally approved gaming outlets, whose standards and procedures are beyond the BGC’s compliance mechanisms.

Minister of Justice Koen Geens said that there has been a 38% decrease in local online gambling since the pandemic took hold, while the National Lottery has seen its sales drop by 30%.

Geens attributed some of this downturn to the suspension of most major sports league action, but also “because in the current anxiety-provoking climate, people are losing confidence and playing less.”

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

Trending (Top 7)

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.