Eternity Law International News Obtaining a gambling license in Belgium

Obtaining a gambling license in Belgium

Published:
January 29, 2020

The ban on gambling on the territory of the CIS countries forced to look for options for operating online casino activities outside the CIS countries. Belgium became one of the most attractive countries in the gaming industry. In order to operate a casino you need  registration of a legal entity and also a license.

A newcomer or regular customer always pays attention to which country regulates the activities of the company that takes their funds. Well-established online casino licensing countries increase the importance of the virtual establishment. They strengthen the security / confidentiality guarantees of the service provided.

The process of obtaining a license for a casino is associated with time-consuming preparation and preparation of documentation. Employees of Eternity Law International will advise and provide legal supporting documents for high-quality registration of a gambling license.

The Belgian state registers and issues licenses with the rigor and pedantry in relation to its laws.

The Gaming Commission alone issues licenses for this type of commerce, cooperates with the authorities and is an independent body. The Gaming Commission controls this type of activity and deals with cases of illegal gambling. This simplifies the extradition procedure as only one authority decides all issues.

Game license principles

In 1999, the Belgian government passed a law in order to legalize the conduct and organization of gambling. The jurisdiction is allowed to visit gambling establishments and play in casinos only with the onset of the 21st year. Registration, indicating passport data or identification number are required for online casino visitors.

If the casino itself violates the law, this may lead to the opening of a criminal case or entail a fine of up to 100 thousand euros. When a player plays on a site from blacklisted states, he can pay a fine of up to 25 thousand euros.

Government officials are prohibited from engaging in gambling business. It is imperative that a license renewal is required upon its expiration.  There is an automatic exclusion from the lists of persons entitled to conduct a gambling business. It is prohibited to advertise any gambling entertainment on television until 20.00.

Permits issued for gambling

The official site indicates the classification of licenses, the “+” sign means an online casino license. The main types of legalization of gambling entertainment:

  • G1 – G2 for broadcasting gambling on television and telephone;
  • F1 – F2 – F + must be on racetracks where horse races are held and there are sweepstakes, F + legalizes online sweepstakes;
  • E are owned by manufacturers and creators of software for gambling halls;
  • D is required for service personnel in gambling houses;
  • C is needed for bars with slot machines;
  • B – B + a license for casinos in which slot machines are located can be obtained by those casinos that already have a license;
  • A – A + is required for all real casinos in the lands of the kingdom.

Permission for online casinos is not given separately, only as an appendage to the host. The number of allowed online licenses is due to casino A + nine licenses, 180 – B +, 34 licenses for F +.

The law provides for special licensing rules for the following categories:

  • holding a lottery;
  • production of gaming software;
  • equipment of playing machines and tables;
  • racetrack bets;
  • water sports betting;
  • bookmaker activity;
  • bingo;
  • casino;
  • slot machines.

Required documentation

Documents without which the Commission will not issue a license:

  • identity documents of all founders;
  • tax returns corresponding to the last three periods (copies are sufficient);
  • a ship’s statement confirming the absence of a criminal record no more than 3 months;
  • the act of maintaining political and civil rights.

The annual fee is 250 thousand euros per year, the casino is taxed at 11%. The processing time takes up to two months. The main casino license is issued for up to 15 years. Eternity Law International will help you select and legalize all the documents required to open a casino.

Businesses for sale

Gambling license in Denmark

Europe, Denmark Offline gambling
Gambling license in Denmark for sale Despite the general liberalization of Danish legislation, the position of the gambling business is rather ambiguous, since the registration of a gambling business in Denmark has a serious background. But, as you know, the general liberal agenda does not include direct regulation of the service market by the relevant...

Obtaining a gambling license in Sweden

Europe, Sweden Online gambling
Sweden is one of the most liberal countries in Europe. Its democratic legislation also affects the gambling industry. Gambling in this jurisdiction has been legalized recently, and due to such a new regulatory framework implementation, Swedish regulatory bodies are seeking to control this area to the fullest extent. There are two types of licenses: Betting...

Curacao Gambling License Available for Purchase

Oceania, Australia Financial intermediaries
Explore this exceptional opportunity to acquire a Curacao gambling license For Sale, complete with: Ready Made Curacao gaming license granting legal authority. Cyprus subsidiary equipped with integrated payment solutions. A seamlessly connected website for operational efficiency. A pristine and meticulously maintained company record. Renewal of company registration included in the purchase price for added convenience....

You could be interested

Financial system in Montenegro

Financial system in Montenegro – multi-level structure; its fundamental components are general fiscal market, establishments operating within it, and infrastructure facilities. Finsystem itself in this state has a bank-centric character: banking facilities make up primary market share – about 90%. Most intermediary fiscal operations are performed through banks. Predominantly, banking establishments there are involved in...

Difference between Payment and Electronic Money Institution

IBAN accounts and European EMI license for international payments Authorized Electronic Money (EMI) Institution permits arrangement of all installment administrations in a much more extensive territory contrasting and Payment Institution intended for moment installment preparation. EMI can hold customer assets for a limitless time frame in opened individual customer IBAN accounts. EMI’s authorized in one...

How does an Australian Financial Services License work?

An AFSL is a crucial term for legal entities running in the Australian sector of finances. The official permission serves as a regulatory framework put in place by ASIC to ensure that companies maintain high standards of conduct and professionalism. Obtaining a license is not only mandatory for certain financial activities, but also demonstrates a...

Criminal Attorney Germany

To maneuver through the twisting path of the regional legislative mechanisms, you need more than simple knowledge of the law — you need sharp tactics, practical wisdom, and a profound figuring out of how this workflow really functions. A criminal attorney in German can notably impact guaranteeing that persons charged with such felonies enjoy the...

Ready-made STP in Cyprus for sale

ICF Contribution – 42 715 Euro CySEC Fees – 3 500 Euro Monthly Expenses – To be confirmed License share capital 125 000 Euro Comments – company did not work Asking Price: 220 000 Euro Please feel free to join our Telegram channel in order to keep updated for the new offers for ready-made companies for...

Kazakhstan Authorised Crypto Companies

Kazakhstan has emerged as a prominent nexus for digital asset ventures, offering a meticulously curated and state-sanctioned regulatory framework. This Central Asian nation has intricately designed a legal ecosystem that reinforces authorised crypto companies in Kazakhstan, ensuring operational clarity, financial integrity, and unwavering credibility. The Astana International Financial Centre (AIFC), serving as a self-regulated citadel,...

Related posts

Get Your Trust License in Belgium

A trust is a contractual relationship in which one party holds financial assets or property for the benefit of another. A trust is used by the grantor or grantor of assets who transfers financial means or real estate to the trustee. The trustee holds this for the beneficiaries and has the power to dispose of...

PSP license in Belgium

After the approval of the second EU Directive, in accordance with the Belgian law controlling the financial field of the jurisdiction, the possibilities of financial services and the establishment of such businesses for entrepreneurs from other countries were expanded. This type of activity is subject to FSMA licensing. Enterprises that operate in several areas at...

Montenegro gambling license obtaining in 2024

In the ever-evolving field of Internet betting, securing a gambling permit is a crucial step for operators searching to create a legal and credible presence in the branch. For those searching of setting up commerce in Montenegro in 2024, the process of obtaining a betting permit has seen some changes and updates. This article will...

EMI license in Belgium

The financial landscape is undergoing rapid transformation, with E-Money Institutions (EMIs) playing a pivotal role in reshaping our approach to financial transactions and sales. Belgium, frequently referred to as the “Fintech Epicenter of Europe,” stands as a symbol of innovation within the financial sector. One of the driving forces behind Belgium’s burgeoning fintech sector is...

Obtaining a gambling license in Austria

Obtaining a gambling license in Austria In order for a business (regardless of type) to be considered legitimate, a permit must be obtained in the form of a license when registering it. Obtaining a gambling license in Austria is a prerequisite for conducting activities related to gambling. This is a basic requirement for all types...

UK gambling license

Operators in Britain, whose purpose is to provide users with gambling services, must obtain a gambling license in the UK – permission to conduct such a business. It is issued by the British Commission, which controls the sphere of gambling. The organization issues warnings to unlicensed operators who give access to games to UK citizens,...
Fill the blank: