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The Dutch gambling authority, De Kansspelautoriteit (KSA), said today that it will fine five illegal online gaming businesses a total of €26 million by the end of December 2022.
According to a KSA statement, all five gaming providers permitted Dutch gamers to access their products. When the fines were imposed in December, the corporations requested that the penalties not be published. But, such demands have since been denied by a court.
The five companies that were punished 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 calculated based on the company's turnover related directly to Dutch players.
The KSA stated that the level of the fine for N1 Interactive was also due to a previous infraction for which the company had been fined. In the case of Videoslots, the Gambling Authority's logo was displayed illegally on the website.
In terms of fines, René Jansen, chairman of the KSA, stated:
‘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.’
By fLEXI tEAM