Belgium

A draft law to lower Belgium’s weekly deposit limit from €500 to €200 has been approved by the country’s Council of Ministers.

The proposal was put forward by Justice Minister Vincent Van Quickenborne, who also had a second proposal approved to add betting shops to Belgium’s national exclusion register.

Under the first proposal, the loss limits imposed at the beginning of the pandemic will be sharply reduced but will remain as ‘per operator’ loss limits, rather than a global limit.

This means that players could rack up losses far exceeding the €200 limit, simply by betting across multiple operators.

Operators found to be violating the limits could face punishment from the Belgium Gaming Commission (BGC) and could have to return funds in excess of the limit back to customers.

The draft law would also allow the BGC to find out if a player is known to be in default on any debts.

With its passing in the Council, the proposal faces approval by the Data Protection Authority before it is sent to the Council of State which will vote on it.

Belgium has some of the strictest gambling laws in Europe. In 2018, the country banned online casino operators from advertising on TV and stated that online sportsbooks could only advertise after 8pm and never during live sports games.

All gambling operators are also required to to show warnings about problem gambling.

Continue Reading

Pjazza 1902: New hotspot blends community engagement and B2B offerings

23 July 2024
by Rebecca Anastasi

The entertainment hub, which has recently opened in Pembroke after a lengthy period of meticulous restoration, serves up a gamut of dining, fitness, business and leisure opportunities

Gavin Isaacs steps down as Games Global chairman to take on new role as Entain CEO

22 July 2024
by iGamingCapital.mt

His appointment comes into effect from September 2024, and will see him remain on the board of Games Global as an independent non-executive director

Third-largest cryptocurrency exchange OKX selects Malta as its MiCA hub

18 July 2024
by Helena Grech

Under the MiCA framework, OKX plans to offer spot trading (including EUR and USDC pairs) in addition to buy, sell, convert and staking services to qualified EU residents through Okcoin Europe Ltd

GO’s Enterprise Solutions geared to deliver end-to-end business technology

15 July 2024
by Rebecca Anastasi

The telecoms firm prioritises holistic and scalable solutions for its corporate clients, says Arthur Azzopardi, Chief Officer at GO Business.

See more