Did you test your gambling habits yet?

Join

THE GAMALYZE CHALLENGE

KSA Hands Out Fines to Two Unlicensed Operators in the Netherlands

Listen to this news articleLISTEN TO THIS ARTICLE:

The Kansspelautoriteit (KSA), the Dutch gambling regulator, has announced it will impose penalties on Winning Poker Network and Goldwin, both based outside the country, who were operating gaming websites in the Netherlands region without a license from the authorities.

In response, the KSA decided to issue both operators a periodic fine, where each operator would be fined a set amount for each week the gaming companies continued to breach the rules in the Netherlands. KSA explained that the amount of the fine for Goldwin and Winning Poker Network was dependent on several factors, including the turnover of the operator.

Goldwin was hit with a $256,000-a-week penalty up to a maximum of $767,870 for taking bets on its westcasino.com brand. Once warned about the details of the penalty, Goldwin ceased operating in the Netherlands.

The Winning Poker Network operates several poker brand websites, and when the KSA warned the operator to stop taking bets from players located in the Netherlands, the americascardroom.eu brand ceased to take any bets in the jurisdiction.

However, the truepoker.eu brand, run by the Winning Poker Network, continued to operate in the Dutch region in breach of the KSA licensing regulations. So the KSA stated it had no option but to impose a fine on the Winning Poker Network of $26,770 per week, capped at a maximum of $80,320. The Dutch regulator has stressed that if any of the Winning Poker Network brands continue to operate illegally in the Netherlands, then the regulator is prepared to consider further sanctions against the operator.

KSA is one of the regulators in the European market that is trying to create a responsible gaming environment for its customers, and it hopes to achieve this with a set of guidelines for licensed gaming operators. Therefore regulators such as KSA have to impose fines and other penalties on operators who are unlicensed in their jurisdiction.

More Regulation News

RELATED TOPICS: Regulation

Leave a Comment

user avatar
My Name United States of America
Rating:
0.0
Your Comment

User Comments

Comments for KSA Hands Out Fines to Two Unlicensed Operators in the Netherlands