The Dutch gambling regulator, De Kansspelautoriteit (KSA), has announced today that at the end of December 2022 it issued fines totaling over €26 million to five illegal online gambling websites.
One site displayed KSA logo despite being unlicensed
According to a statement from the KSA, all five gambling operators allowed players from the Netherlands to access their products. When the fines were imposed in December the companies requested that publication of the penalties be withheld. However, a court has now rejected those requests.
The five companies fined were:
- Videoslots Limited – €9,874,000
- N1 Interactive Limited – €12,640,000
- Betpoint Group Limited – €1,787,000
- Probe Investments Limited – €1,128,000
- Fairload Limited – €900,000
The amount of each fine was based on the company’s turnover attributed directly to players from the Netherlands.
The KSA noted that the size of the fine for N1 Interactive was also due a repeated violation which the company had previously been penalized for. In the case of Videoslots, the logo of the Gaming Authority was illegally displayed on the website.
Speaking of the fines René Jansen, chairperson of the KSA said:
‘We mean business. Player safety is paramount. A fine is to hit where it hurts, so in the wallet. With such amounts we think we can impose an appropriate sanction, given the illegal earnings.’
Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.