Western Europe

Kansspelcommissie, Belgium’s gaming commission ruled against a few video games and warned millionaire penalties if they’re not adjusted. The threatened operators face fines up to US$2 million if a number of popular video games are not adjusted. The Belgian Gaming Commission calls these loot boxes game of chance, and if these are further exploited, they…

The House of Commons’ Public Accounts Committee (PAC) of the UK has recommended changes in the country’s lottery system. The PAC in its latest report has pointed out that lottery profits allocated to good causes are failing. The committee blamed Camelot, the operator of the UK National Lottery, for its shortcomings. The report showed that…

The United Kingdom Gambling Commission (UKGC) publicised new guidelines on spending limits and age verification as a part of making gambling safer in the UK.  Enhancing the speed and effectiveness of age verification processes, ensuring operators set limits on consumers’ spending until affordability checks have been conducted and protecting children by banning operators from providing free-to-play…

The Constitutional Court of Belgium invalidated a 2016 constitutional amendment on Thursday which called for online gambling operators to pay a 21% value-added tax on their Belgian operations. The online gambling market was regulated by Belgium in the early 2010 when amendments to the Gaming and Betting Act of 1999 were publicised in the Belgian Official Gazette.…

The stock market regulatory body of  France, the Autorité des marchés financiers (AMF) has ruled that companies using cryptocurrencies must adhere to certain rules. The decision comes on the heels of an analysis of the legal qualification of cryptocurrency derivatives, which the AMF conducted post an escalation in the number of online trading platforms offering…