Belgian Regulators Push for More Gambling Restrictions

Belgian Regulators Push for More Gambling Restrictions

Belgian regulators want further restrictions on the country’s online gambling industry. (Image: royalservices.in)

In a global world where increasingly more nations are liberalizing their online gambling sectors to permit for increased competition, Belgium has been something of an outlier. While they have actuallyn’t prohibited Web gambling enterprises, they are very aggressive about blacklisting sites that they are doing not approve of, forcing Internet companies to block access to them and preventing them from operating in the nation.

But while these measures have held the online that is belgian gaming rather restricted, regulators in the nation want to go even further. Within an open letter to the next government of Belgium, the Belgian Gaming Commission (BGC) has requested further restrictions on the gambling industry and a tighter legal framework for approved operators to function within.

The demand comes since the BGC reports that almost 3 times as much players in the united states participated in on line gambling when comparing to people who used land-based gambling venues within the country. In the Commission’s viewpoint, Internet gambling cannot be considered ‘as a normal economic activity,’ and thus, the hefty usage of such sites is concerning.

Concerns Over Using Identification, Participation by Minors

One of many major concerns expressed by the BGC is their feeling that player identification pc software is la

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INTERPOL Swoops Down in Illegal Gambling Crackdown

INTERPOL Swoops Down in Illegal Gambling Crackdown

INTERPOL chief Jean Michelle Louboutin says massive profits lay behind the cross-continental illegal gambling crackdown.

INTERPOL has established the arrests of 1,400 individuals across East Asia; the outcome of the six-week campaign to split up illegal gambling systems in the area. The operation, code-named Operation SOGA V, had been a effort that is joint police force from China, Hong Kong, Macau, Malaysia, Singapore and Vietnam, and coordinated by INTERPOL, and saw the seizure of almost $12 million.

Prohibited gambling is rife in East Asia, and bets placed through the betting syndicates, which are often controlled by organized crime, dwarf the European that is legal and American gambling markets many times over. Because it is clandestine and unregulated, it’s difficult to position a figure in simply how much the market is actually worth, but Foreign Policy mag recently estimated that it could be around $450 billion.

It’s also believed that $140 billion in dirty cash is laundered through industry each year. INTERPOL said this week that the organizations split up within the latest raid were estimated to have managed around $2.2 billion worth of bets, most of those through illegal online gambling sites.

‘ The results of this latest Operation SOGA are significant in relation to the amount of bets being handled by these illegal gambling dens, as well as the number of arrests,’ said Jean-Michel Louboutin, INTERPOL’s executive

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INTERPOL Swoops Down in Illegal Gambling Crackdown

INTERPOL Swoops Down in Illegal Gambling Crackdown

INTERPOL chief Jean Michelle Louboutin says massive profits lay behind the cross-continental illegal gambling crackdown.

INTERPOL has established the arrests of 1,400 individuals across East Asia; the outcome of a campaign that is six-week break up illegal gambling systems in your community. The operation, code-named Operation SOGA V, was a effort that is joint police from China, Hong Kong, Macau, Malaysia, Singapore and Vietnam, and coordinated by INTERPOL, and saw the seizure of almost $12 million.

Prohibited gambling is rife in East Asia, and wagers put through the betting syndicates, which are often controlled by organized crime, dwarf the European that is legal and American gambling markets many times over. That it could be around $450 billion because it is clandestine and unregulated, it’s difficult to place a figure in how much the market is actually worth, but Foreign Policy magazine recently estimated.

It’s also believed that $140 billion in dirty cash is laundered through the market every year. INTERPOL said this week that the organizations separated in the raid that is latest were estimated to possess handled around $2.2 billion worth of bets, most of those through unlawful online gambling sites.

‘ The results of this operation that is latest SOGA are significant in relation to the quantity of bets being handled by these illegal gambling dens, plus the number of arrests,’ said Jean-Michel Louboutin, INTERPOL’s e

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