Gambling
Netherlands Regulator Fines Casinosky.com for Unlicensed Gambling
The Netherlands Gaming Authority, Kansspelautoriteit (KSA), has initiated weekly financial penalties to Sarah Eternal SRL for offering unlicensed online gambling in to Dutch players.
According to the announcement, the KSA found that the company had allowed local customers to access its online gambling products and services through the casinosky.com website without the required license.
As a result, the KSA has informed Sarah Eternal that it must remove access to its site within the Netherlands and has imposed a weekly fine of €280,000. The maximum fine the company will face is €840,000.
Netherlands Online Slots Ban on the Horizon
In April, the Dutch House of Representatives approved a ban on “high-risk” online gambling activities, such as slots. The House also endorsed a ban on targeted online gambling advertisements.
The proposals were introduced by Socialist Party MP Michiel van Nispen. Additional measures, including financial risk assessments and mandatory identification for gamblers, received approval as well.
Van Nispen argued that the uncontrollable nature of outcomes in online slots is a primary cause of problem gambling. The proposal to ban these slots was passed with majority vote of 79.
Although the House has voted, the decision to implement these measures now rests with Franc Weerwind, the Netherlands’ Minister for Legal Protection.
Previously, in July 2023, the Netherlands enacted a law against untargeted gambling advertising. This law bans mass advertising across television, radio, and print media, and also prohibits sports sponsorships, though a transitional period is currently in place for existing agreements.
Gambling industry journalist with a background in online poker and trading. Covering the regulated U.S Sports industry and the exciting world of online poker.
