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by Glenn Baird - August 16, 2018
Ladbrokes have allegedly broken gambling law in Belgium, resulting in them being banned for offering any business for one day next month.
Belgian newspaper, “The Brussel Times” , have reported that the British sports betting giant have been issued a ban after they owned up to taking money from punters who had been betting on virtual sports events up to the middle of March this year. Virtual betting is exactly what it sounds like; when bets can be placed on the results of virtual competitions, something that has not been legal in Belgium since June last year.
The violation of betting law now means that Belgian companies who operate through Ladbrokes will be unable to process any bets on September the 3rd for the full 24 hours.
The Belgian gambling regulator stated that Ladbrokes had “not contested the materiality of the facts” and had sustained its implementation of virtual betting “until it was legally banned from doing so.”
Ladbrokes is a major operator in Belgium with roughly 100 sports betting shops in the country, along with several online companies who are affiliated to them. They were also the first bookmakers in Belgium to offer virtual betting.
According to 5star.media , Ladbrokes have said that they are yet to hear directly from the Belgian Gambling Commission on the matter and learned about the 24-hour ban through the Belgian press. Ladbrokes responded by stating that the company “deeply regrets that such confidential information is transmitted to the press and to third parties even before it is informed.”
Ladbrokes holds the right to challenge the ban if they feel it has been unfairly imposed.