The government of Belgium is preparing to implement a new €200 weekly deposit limit for gamblers at online betting sites, with the rule applying to individual sites.
This limit will be implemented on October 20th and will include casino, sportsbetting, and other online betting services. Under the terms of the rules, punters will be restricted to €200 in deposits per domain, per week. This means that if a gambler plays at multiple sites, they will be able to deposit the money at each domain.
Players will be able to request an increased deposit limit, but the player will have to submit to a check by the country's gaming regulator, who'll see if the player is financially stable and whether or not they're in default of any loans.
A statement by the Belgian Gaming Commission related to safe gambling read in part: "In order not to risk becoming a problematic gambler and to keep the game fun, it is recommended not to spend more than 5% of your income for this purpose. If you win €2,000, this means that your deposit limit should not exceed €25 per week."
The change will impact all regulated sites in Belgium that carry a license within the country.
Comments
I'm quite surprised to read this, I remember when Sweden introduced a similar rule, due to the Pandemic. Why is Belgium doing this now? Is it because of the inflation in the world? Curious to see how it will impact the different gaming businesses in Belgium.
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