The latest Royal Decree that sets legislative norms in the Belgian gambling sector expired in 2020. It means that the maximum number of sports betting licenses allowed in the country decreased due to a new decree. Login Casino follows the latest legislative news in the gambling sector, now explaining the changes and their effect on the industry.
The Belgian gambling legislation includes the item that fixes the maximum number of betting licenses that can be given to the operators. The latest Royal Decree, which came into force at the end of 2010, expanded the number of sports betting licenses up to 34. This rule was in force until the end of 2020.
However, Belgium has already accepted a new Royal Decree. The local Gaming Commission and government dealt with a renewed law that would remain in effect until July 31, 2022. This new document reduced the number of maximum betting licenses to 31.
What does it mean in practice?
Nevertheless, such a change doesn't mean that some operators will suffer from the cut. Thus, at present, there are only 24 companies holding licenses for proving sports betting services to Belgians. And there are no updates concerning the new firms that want to enter the market.