Tag Archives: belgium

Betsson rewards investors €89m dividends to celebrate Jubilee 2023 results 

Betsson AB CEO Pontus Lindwall

Betsson AB has proclaimed a second successive year of record-breaking financial results and KPIs as it celebrates its 60th year in business. Publishing its full-year 2023 results this morning, the Stockholm-listed gambling group’s corporate revenues stood at €948m, up 22% on FY2022 results of €777m. Year trading saw the firm register a 60% increase in EBITDA to €262m (FY2022: €173m) …

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Betsson’s betFIRST launches Belgium online casino

Betsson

betFIRST has partnered with Middelkerke Casino to launch a new online casino in Belgium. The Betsson-owned sportsbook became the first to obtain an online sports betting licence in Belgium back in 2011, and now aims to become the leading operator in the country with its recently secured A+ casino licence. Betsson Operations CEO, Jesper Svenssen, stated: “We acquired a market …

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Kindred counts cost of US withdrawal as FDJ demands Norway exit ahead of takeover

Nils Andén, Kindred CEO

Kindred Group Plc will continue to prioritise enhancing operating efficiencies and cost controls, with shareholders set to vote on the future of the Stockholm online gambling group. The focus on cost controls is required as Kindred published its Q4 and full-year 2023 results this morning, revealing period corporate losses of £19m (Q42022: £52m). Full-year accounts see profits ‘before tax’ decline …

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BAGO questions new gambling laws in Belgium

SBC News BAGO questions new gambling laws in Belgium

The Belgian Association of Gaming Operators (BAGO) has come out with a statement criticising the recent bill by Green MP Stefaan Van Hecke to introduce a stricter gambling  framework, saying that it will hurt the sector.  The new law, which recently passed in the Chamber, raises the minimum age for all gambling to 21 years, with an additional restrictive veil …

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Belgium Addiction Centre tells Kamer to increase gambling age to 21

SBC News Belgium Addiction Centre tells Kamer to increase gambling age to 21

The Belgian Kamer (parliament) has been advised “to raise the minimum age for all gambling activities to 21 years” by VAD – The Flemish Experts Centre on Addiction. The public body recommended the age increase for gambling as one of nine new priorities presented to the government to enhance safeguards and controls against addiction related to drugs, alcohol, gaming, and …

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Kambi to supply Bingoal sportsbook across Belgium & the Netherlands

SBC News Kambi to supply Bingoal sportsbook across Belgium & the Netherlands

Kambi has signed a long-term partnership with Bingoal – a well known operator in both Belgium and the Netherlands. The deal will see the Malta-headquartered platform provider supply its complete sportsbook to Bingoal across its online and retail channels. Kristian Nylén, Kambi CEO and Co-Founder, commented: “We are delighted to announce our new agreement with Bingoal, an established European operator …

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Belgium Attorney Generals clarify rules on gambling infringements 

Ladbrokes and PMU deal criticised by Belgian competition watchdog

Belgium’s Board of Attorney Generals has added new guidelines related to the prosecution of gambling infringements.  The board, which serves as the key advisory to Belgium’s National Justice System, submitted its guidelines undertaking a review of laws and rules dictated by the Belgian Gaming Act (1999). As stated by the Attorney Generals: “Gambling can lead to a gambling addiction and …

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‘‘You don’t build sustainability on addiction” – Belgium operators update protections policy

Ladbrokes and PMU deal criticised by Belgian competition watchdog

Belgium’s six regulated gambling operators have signed a duty of care agreement, ushering in a new prevention policy for the national industry based on four pillars. The six members of the Belgian Association of Gaming Operators (BAGO) – Ardent Group, BetFirst, Golden Palace, Star Casino, Kindred and Napoleon – signed the agreement earlier this week. Now that the new policy has …

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Belgium gambling data rules pass GDPR test

SBC News Belgium gambling data rules pass GDPR test

Belgium continues to make progress on ‘modernising its Gambling Law’, as it is announced that new customer data requirements are compliant with EU General Data Protection Regulation (GDPR) rules.  Changes to the Gambling Law continue to be overseen by Justice Minister Vincent Van Quickenborne with the objective of comprehensively protecting Belgian consumers from gambling harms. Approved by the Council of …

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Belgium to impose ID checks on all venues for gambling access

SBC News Belgium to impose ID checks on all venues for gambling access

Belgium is to proceed with a further tightening of its gambling laws, as the Federal Council of Ministers approved the implementation of ‘mandatory verification checks on gaming machines.’ The requirement for retail, hospitality and leisure venues to verify age and ID on gambling machines forms part of the latest amendment to “overhaul Belgium’s Gambling Law” as specified by Minister of …

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