{"id":270,"date":"2024-06-28T01:04:54","date_gmt":"2024-06-27T22:04:54","guid":{"rendered":"https:\/\/yabbycasino225nodepositbonuscodes.icu\/2024\/06\/28\/betways-finances-under-scrutiny-in-belgium\/"},"modified":"2024-06-28T01:04:54","modified_gmt":"2024-06-27T22:04:54","slug":"betways-finances-under-scrutiny-in-belgium","status":"publish","type":"post","link":"https:\/\/yabbycasino225nodepositbonuscodes.icu\/2024\/06\/28\/betways-finances-under-scrutiny-in-belgium\/","title":{"rendered":"Betway&#8217;s Finances Under Scrutiny in Belgium"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/1tlg_NnPsJ8\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Belgian Gaming Commission (BGC) has been scrutinizing Betway, a betting firm, for a year and has decided to impose penalties. The BGC has determined that Betway&#8217;s ownership arrangement and financial sources are questionable. They suspect that Betway&#8217;s headquarters in Malta is a shell corporation and that funds are being transferred through companies in the British Virgin Islands. The BGC has forwarded their findings to Belgium&#8217;s anti-money laundering and tax officials. It appears that Betway is facing significant difficulties. <\/p>\n<p>As per The Times, investigators from the Belgian gaming authority have been unable to pinpoint the origin of roughly \u20ac28 million (\u00a324.3 million\/$32 million) received by the parent firm of betting company Betway Limited during a year-long probe. The business has poured significant resources into Belgian football through sponsorships of the Belgian national team, the domestic cup competition Croky Cup, and top club Anderlecht, but the source of its finances remains unclear.<\/p>\n<p>Betway operates in the Belgian online gambling market through a collaboration with the Brussels Grand Casino, owned by an Austrian international casino company. The company stated it is working with regulatory bodies to resolve the issue.<\/p>\n<p>Roger Parkes, Betway&#8217;s Director of Compliance and Regulatory Affairs, stated in a formal announcement that the company has furnished all the information requested by the gaming commission and that it is presently being examined by the regulator&#8217;s governing body.<\/p>\n<p>Parkes added: &#8220;No determination has been made regarding further action. We will continue to fully support this process and anticipate reaching a satisfactory resolution as soon as feasible.&#8221;<\/p>\n<p>Sign up for the iGaming news newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Belgian Gaming Commission (BGC) has been scrutinizing Betway, a betting firm, for a year and has decided to impose penalties. The BGC has determined that Betway&#8217;s ownership arrangement and financial sources are questionable. They suspect that Betway&#8217;s headquarters in Malta is a shell corporation and that funds are being transferred through companies in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Betway Under Scrutiny: BGC Investigates Ownership &amp; Finances<\/title>\n<meta name=\"description\" content=\"The Belgian Gaming Commission (BGC) is investigating Betway\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/yabbycasino225nodepositbonuscodes.icu\/2024\/06\/28\/betways-finances-under-scrutiny-in-belgium\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Betway&#039;s Finances Under Scrutiny in Belgium\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"The Belgian Gaming Commission (BGC) is investigating Betway\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/yabbycasino225nodepositbonuscodes.icu\/2024\/06\/28\/betways-finances-under-scrutiny-in-belgium\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Where Casino Dreams Take Flight | Secure, Licensed &amp; Thrilling\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T22:04:54+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/yabbycasino225nodepositbonuscodes.icu\/2024\/06\/28\/betways-finances-under-scrutiny-in-belgium\/\",\"url\":\"https:\/\/yabbycasino225nodepositbonuscodes.icu\/2024\/06\/28\/betways-finances-under-scrutiny-in-belgium\/\",\"name\":\"Betway Under Scrutiny: BGC Investigates Ownership & Finances\",\"isPartOf\":{\"@id\":\"https:\/\/yabbycasino225nodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-27T22:04:54+00:00\",\"dateModified\":\"2024-06-27T22:04:54+00:00\",\"author\":{\"@id\":\"https:\/\/yabbycasino225nodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"The Belgian Gaming Commission (BGC) is investigating Betway\",\"breadcrumb\":{\"@id\":\"https:\/\/yabbycasino225nodepositbonuscodes.icu\/2024\/06\/28\/betways-finances-under-scrutiny-in-belgium\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/yabbycasino225nodepositbonuscodes.icu\/2024\/06\/28\/betways-finances-under-scrutiny-in-belgium\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/yabbycasino225nodepositbonuscodes.icu\/2024\/06\/28\/betways-finances-under-scrutiny-in-belgium\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/yabbycasino225nodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Betway&#8217;s Finances Under Scrutiny in Belgium\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/yabbycasino225nodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/yabbycasino225nodepositbonuscodes.icu\/\",\"name\":\"Where Casino Dreams Take Flight | Secure, Licensed &amp; Thrilling\",\"description\":\"Explore the exciting world of online gambling with our regularly updated news, honest reviews, and expert articles. 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