Recent changes to Terms and Conditions

29.04.2021 12:00

Version - 6.5 Last Updated – 29/04/2021

8.LEGAL RESTRICTIONS

c. You guarantee at all times not to be a resident of the “Excluded Countries” like: Belgium, Denmark, Estonia, France (including all french overseas territories), Hong Kong, Iran, Iraq, Israel, Italy, Lithuania, Poland, Romania, Spain, Turkey, Ukraine, United States and/or restricted by limited legal capacity.

29. RESPONSIBLE GAMING

m. LV BET reserves the right to impose limitations or block any player's account if the player exhibits signs of problem gambling.

8.LEGAL RESTRICTIONS

c. You guarantee at all times not to be a resident of the “Excluded Countries” like: Belgium, France (including all french overseas territories), Hong Kong, Iran, Iraq, Israel, Italy, Lithuania, Poland, Romania, Spain, Turkey, Ukraine, United States and/or restricted by limited legal capacity.

 

18. DEPOSITS

m. LV BET reserves the right to request a photo of the account holder with a valid ID and a note specifying the date and time.

29. RESPONSIBLE GAMING

m. LV BET monitors all communication channels and thoroughly reviews all submitted documents. Based on the information provided or communicated by the player LV BET reserves the right to impose limitations or block any player's account if the player exhibits signs of problem gambling.

12.04.2021 12:09

Version - 6.4 Last Updated – 12/04/2021

6. REGISTRATION INFORMATION

h. Under no circumstances, the user (player) is allowed to register another (new) Account, if he/she already has a registered active Account on LV BET website - only one Account ownership per person is permitted. Holding more than one Account is known as “multi-accounting” and is strictly prohibited and directly deemed to be fraudulent, regardless of whether the other Account is registered under the user’s own details, other LV BET users’ details, third parties’ details (other than LV BET users) or false details. LV BET reserves the right to close any user account, at any time and to cancel all the transactions pertaining to any player and to retain all the remaining funds in the Account in the event that LV BET has reasonable belief to suspect that any defrauding activities may occur, are occurring or have already occurred.

18. DEPOSITS

f. LV BET reserves the right to request further information and documentation regarding your age, identity and place of residence following any deposits or prior to any withdrawals, in particular prior to your first withdrawal, in order to prove your identity before we release funds to you. We also reserve the right to request such information and documentation about any person who affects a deposit on your Account. Such information and documentation (as Driving Licence, Government ID, Bank/Credit card Statement) will enable us to check that the personal data given during your registration corresponds to what appears on the document. In the event that this data is different, we reserve the right to cancel the bets along with the payment of the account balance to you, unless you can demonstrate your entitlement to the balance by some other means.

19. FEES AND CHARGES

c.  In the case that no transaction has been recorded on a player’s Account for thirty (30) months, LV BET shall remit the balance in that Account to you, or if you cannot be satisfactorily located, to the Malta Gaming Authority.

30.  INACTIVE ACCOUNTS

a. An “Inactive Account” is an account that has a real-money balance and no bets recorded for six (6) consecutive months.

b.  Before your account is labelled Inactive, LV BET will contact you via email at least one month in advance. You may reactivate an Inactive Account by logging into that account and placing a bet.

c. Once an account becomes an Inactive Account, LV BET will charge five (5) EUR per month as an administrative fee to your account, as long as there is a positive balance.

6. REGISTRATION INFORMATION

h. Under no circumstances, you are allowed to register another (new) Account, if you already have a registered Account on LV BET website - only one Account ownership per person is permitted. Holding more than one Account is known as “multi-accounting” and is strictly prohibited and directly deemed to be fraudulent, regardless of whether the other Account is registered under the user’s own details, other LV BET users’ details, third parties’ details (other than LV BET users) or false details. LV BET reserves the right to close all betting accounts you opened at any time. At LV BETS’s where we consider that multiple Accounts have been opened in genuine error, the funds might be returned back to the customer. If LV BET has reasonable grounds to believe that fraud has been committed, LV BET reserves the right to cancel any related transaction, any bonus or any other promotion without prejudice to any other action or redress we might avail ourselves of.

18. DEPOSITS

f. Due to regulatory requirements in relation to AML/CFT, we reserve the right to verify the identity and also request further verification of the source and origin of your funds, if the total accumulation of your deposits equals or exceeds €2000 or equivalent in other currency. The above-mentioned €2000 value is calculated on a daily basis, taking into account all deposits affected by you since the establishment of the business relationship OR based on the total deposit amount over the course of 180 days.

g. The following documentation shall be accepted to confirm the user’s identity (Driving Licence, Passport or EEA/EU member state identity card). Please be advised that all mentioned documents must be valid. To confirm the user’s place of residence (proof of address - POA), LV BET shall accept either a utility bill (gas, electric, satellite television, landline phone bill), (the mobile bill will not be accepted) or bank statements issued within the last three months. Such personal information enables LV BET to verify that the data given during registration corresponds with data on the documentation.

30.  INACTIVE ACCOUNTS

a. An “Inactive Account” is an account that has a real-money balance and no bets recorded for six (6) consecutive months (180 days).

b. Before your account is labelled Inactive, LV BET will contact you via email 30 days in advance. You may reactivate an Inactive Account by logging into that account and placing a bet.

c. Once an account becomes an Inactive Account, LV BET will charge five (5) EUR or equivalent in account currency: 5 GBP, 5 USD, 5 CAD, 5 NZD, 25 PLN, 25 BRL, 50 NOK, 400 RUB, 400 INR, 1500 HUF every 30 days as an administrative fee to your account, as long as there is a positive balance.