Online gambling operator coughs up Euro 80,000 to pay fines imposed on its players
The Betclic Everest online gambling group, which has been jousting with the Belgian Gaming Commission over its operations in that country since 2012, appears to have accepted the inevitable and agreed to comply, reportedly paying Euro 80,000 towards fines imposed by the Belgian authorities on its local players.
The company has consequently been removed from the blacklist of non-compliant [read unlicensed] operators maintained by the BGC, which noted that Betclic had exhibited the proper respect for its authority and Belgian law, and added a warning that it would pursue other companies who conduct unlicensed operations.
InfoPowa readers may recall that Betclic first appeared on the blacklist back in 2012, and that was followed by the confiscation of Euro 600,000 of Betclic money destined for Belgian online punters. The Commission subsequently ramped up the pressure by imposing fines of up to Euro 200 on scores of Belgian players patronising Betclic's site.
In order to comply with the Belgian requirement that online operators have a local partner, Betclic has reportedly entered negotiations with the Circus Group, which could lead to the launch of a Belgian-licensed Betclic website by year's end.
Online Casino News Courtesy of Infopowa