Belgium has steamed ahead with added restrictions on its online gambling industry with a recent Royal Decree on playing limits launched by Government.
Changes have officially been confirmed by the Belgian Gaming Commission (BGC), most notable of which are player deposit limits being reduced from €500 to €200 on ‘games of chance’ per operator site.
An added layer of bureaucracy, the new rules allow players to request operators to return their limits back to €500, so long as their ‘player token’ is presented by the operators to the BGC for this to be processed.
On its part, the BGC says that increase in stake limit requests will be assessed on replies received from the National Bank of Belgium. Based on discussion with the National Bank, the BGC will then inform the operator on whether the player in question’s deposit limits can be lifted within three days.
The Royal Decree was published in Belgium’s Government Gazette on 20th July and comes into effect in three months’ time and all regulated Belgian betting and gaming operators are legally required to comply.
The licence also opens up more opportunities for BGaming to expand its business and strengthen its position in the wider LatAm region
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