Belgium suspends Ladbrokes’ licence

Ladbrokes Coral suspended belgium

Ladbrokes will be suspended. Credits: sbcnews.co.uk

Ladbrokes was found guilty of seemingly offering unauthorised gaming services.

Belgium.- Ladbrokes, one of the leading brands for the international iGaming industry, has seemingly offered unauthorised gaming services to players in Belgium leading to a licence suspension of 24 hours. The penalty will be taken next month, as stated by the government’s statement published this week.

The Belgian Gaming Commission has set the penalty for the gaming operator for some services offered back in 2017 and earlier this year. However, the governmental office has not released an official statement yet on its website, although the information was confirmed by European newspapers  Brussels Times, La Dernière Heure, Het Laatste Nieuws and De Morgen.

Ladbrokes will not be able to operate in Belgium on September 3rd, when the suspension will take effect. Platforms by the Tiercé Ladbroke brand and Derby SA, the Belgian subsidiary of the bookmaker, will be blocked for 24 hours.

Earlier this year GVC Holdings announced on its website that it has completed the acquisition of Ladbrokes Coral Group PLC. The deal was announced in December 2017, when GVC agreed to acquire the group in a £4 billion deal. The enlarged Group has a workforce of 28,000 people and with a network of 3,500 bookmaking shops operating under the separate Ladbrokes and Coral brands, becomes the UK’s largest high street bookmaker.

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