Tag: Betclic
Betclic Ready to Re-Enter Belgium Market?
Belgium news sources have reported that French sports betting operator Betclic Everest Group (Betclic) is collaborating with the national Gambling Commission with a view of re-entering the market. The operator has had a troubled history with Belgium’s authorities who in February 2014 seized €600,000 of Betclic funds, stating that the unlicensed operator had breached gambling laws by digitally transacting with national consumers. French licensed and Malta operated Betclic has been on the national operator blacklist since 2012. The Belgian Gambling Commission (BGC) has further issued consumer fines to Betclic customers for interacting with the operator. More at SBC News
Players Fined for BetClic Activities in Belgium
The Belgian Gaming Commission (Kansspelcommissie) has issued fines to 79 players who took part in gambling activities on unlicensed website BetClic.com. Operated by BetClic Everest, the website is licensed in various other countries, but has not yet acquired a licence in the Belgian market. Although players will face fines of just €200 ($233), the Kansspelcommissie now plans to target other punters that placed larger bets on the website. Various media reports suggest fines for these players could reach as much as €16,000. Belgium is known for its strict regulation of the national gambling market and has a lengthy blacklist of…
Betclic Ends Operations in Belgium
Poker News – While the company risks becoming the first operator to ever be charged with criminal sanctions in Belgium, Betclic Everest has announced its decision to pull out from the country. Starting Monday, Betclic Everest’s four different brands including Betclic and Bet-at-Home will no longer be available to Belgium residents. The decision comes while Belgium’s Public Prosecution Office (PPO) carries an investigation on Betclic operations that could result into a €1.2m fine for the company. As reported by eGaming Review, a spokesperson from Betclic confirmed the group’s withdrawal from the Belgian market, but refused to issue any further statement…
Belgian authorities seize €600k of Betclic Everest online gambling funds
Calvin Ayre – French online gambling operator Betclic Everest Group has prevailed in its legal challenge of Pari Mutuel Urbain’s (PMU) practice of pooling its land-based and online horseracing wagers. Betclic filed its complaint in 2012 with the French Competition Authority over the PMU.fr site’s ability to leverage PMU’s mammoth retail wagering presence, which has allowed PMU to capture 85% of the country’s horse wagering market. The former betting monopoly has been given until Sept. 30, 2015 to erect a wall between its online and retail liquidity. Betclic is enjoying less favorable legal outcomes in Belgium, where the Public Prosecution…