April 7, 2014
Betclic senior management have chosen to withdraw the company’s operations from the Belgian igaming market as the Public Prosecution Office (PPO) charged the operator with alleged unlicensed igaming operations targeting Belgian igaming players. Prior to the decision taken by senior management, the operator had suffered a confiscation of €60,000 by the Belgian Gaming Authorities, for servicing unlicensed igaming services to …
Read More »February 28, 2014
The Belgian Public Prosecution Office (PPO) has seized €600,000 of French igaming operator – Betclic funds. The PPO claim the operator had directly broken Belgium law and policy regarding igaming wagering and transactions. The PPO claim that they are acting under Belgium financial law, which allows them to directly confiscate funds associated with Belgium non regulated igaming operators. This is …
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