Belgium is a heaven for those who want to gamble with the very relaxing gambling law for both online casinos and land-based casinos. The authority decided to make gambling legal in the country in 2011 which has changed the gambling situation in the country to a new page that includes both positive and negatives impacts on the well-being of players. In these articles, we will learn what are those risks and how exactly the law works, and the most popular banking methods which you can use to deposit and withdraw at the best online casinos for Belgium players.
Different from other countries in the world, online casinos in Belgium and from outside the country are welcomed to promote in this European country. Legalizing online casinos bring many advantages to both the country's rulers and the citizens while many challenges are in places to test out too.
The Gaming Act has been amended twice since it was enacted. The first time was in 1999 and later was happened and came into practice in 2011 with more solutions and measures which help detect those unlicensed operators.
The key piece of legislation states that to obtain a license to operate an online gambling service, an operator must also have a physical, bricks-and-mortar license as well. This means that if an operator wants to offer online casino services to Belgians, they must also do so from licensed premises within Belgian borders.
According to the laws, only operators who have a paper and physical license can promote and serve players in Belgium. The license must be issued by the Belgian Gaming Commission. The law does go well with the EU and it is said to be in contravention of free-trade laws by the European and Betting Association (EBA) and the Remote Gambling Association (RGA).
Any online casinos that fail to meet this requirement will be considered to be a blacklisted casino recorded by the national gambling commission. If any players get caught in involving in using or playing at these casinos, they will be faced with certain fines from the Commission.
For any blacklisted who tries to sell their service in the country will be fined at least $100,000. Many leading operators are not happy with the laws. They fought back and failed.
Even if the online casinos are legal to operate in Belgium, international online casinos find it is quite difficult to enter this prosperous country to legally promote their products. All casinos must pass and get eligible licenses in Belgium.
There are 3 levels and limitations of licenses which are:
Any operators should get all 3 licensed to be able to provide online service.
As online casinos are legal in the country, therefore there are numerous bank methods that you can use to bet at top Belgium online casinos. You should check the bank limitations for each method on a casino to make sure that you can maximize your gambling experience. Below are some examples you can deposit and withdraw from online casinos.
Safe bank transfers are important for gamblers from Belgium. iDebit is an online banking processor that facilitates safe transfers direct from your Belgian bank account. It's available in a dozen European countries, including Belgium, so euro transfers are simple and easy.
iDebit is an ideal banking solution for players from Belgium. They are very safe and have a direct transfer to your account. This banking also serves in EURO and available across Europe. Therefore players should find no limitations at iDebit.
Paysafecard is also a good prepaid solution that you should choose when betting at online casinos. A voucher collected at a shop is all you need to prepare to get ready for this prepaid card.
Belgium players might get no strange to Bancontact. This banking method ensures to have instant deposits and as quickest as possible for withdrawals. More important than that, there is no extra charge when you use this bank at an online casino. All transactions are protected by a 3-D secure and safer technique to make sure your bets are optimized.