Ladbrokes Penalized by Belgian gaming regulator

In Belgium, the Ladbrokes-branded support of British sportsbetting giant, Ladbrokes Coral Group, is reportedly due to be banned from providing any wagers for one day early next month after falling foul of neighborhood gaming regulations.

Virtual match betting prohibition:

Based on reports in 5 Star iGaming Media and The Brussels Times, Ladbrokes was sanctioned after it confessed to accepting wagers from Belgium-based players around the results of virtual matches despite the fact that this clinic has for all intents and purposes been banned since June of last year.

Virtual match wagering entails punters placing bets on the results of fictitious competitions along with the London-based operator allegedly acknowledged that it had provided such a service to gamers in Belgium up to March 14.

September 3 penalty:

As a result, all Ladbrokes’ Belgium-licensed surgeries including the run by its Tierce Ladbroke SA and Derby SA subsidiaries are to be banned from providing any bets to neighborhood punters on September 3.

In hitting Ladbrokes together with all the 24-hour sanction, the Belgian gaming regulator reportedly noted that the operator had ‘not contested the materiality of these truth ’ and’d carried on supplying virtual match wagering ‘until it was legally prohibited from doing this.

Operator responds:

In reacting to the penalty, Ladbrokes Coral Group advised 5 Star iGaming Media it had learned of its fate only via a third party on August 7. It also detailed that it had received an official email from the ruler on Wednesday but this exact same day had also seen details of its own punishment appear in multiple regional newspapers like La Derniere Heure, Het Laatste Nieuws and De Morgen.

Ladbrokes Coral Group additionally announced that it ‘deeply distrust that such confidential data is sent to the media and to third parties before it’s advised ’ and is considering whether to file a lawsuit claiming breach of professional secrecy.

Future challenge expected: