Following a ruling that it failed to stop offering services in the Netherlands by an established deadline, the Netherlands Gambling Authority (KSA) has issued a penalty order against Polymarket for €420,000.
Polymarket was instructed to cease all operations by February 17, 2026, but did not fully comply until the following day, prompting the KSA to issue a penalty order against Polymarket as the previous enforcement action put in place maximum fines of €840,000. Although all activities on the platform were ultimately stopped, they took place after the stated deadline.
Polymarket intends to contest the KSA’s action and formally objects to the penalty assessed against them. They claim that by implementing geo-blocking measures on February 18, they complied with their obligations, while at the same time asserting that the company continued to be in the process of implementing most systems required to demonstrate compliance at the time KSA performed the follow-up inspection which identified continued access by players.
In addition, Polymarket claims that the basis for enforcement action was extremely limited due to the retrospective nature of the inspection performed by KSA and did not adequately assess whether or not Polymarket continued to have ongoing structural non-compliance.
Finally, Polymarket has requested that a follow-up inspection be performed to evidence their compliance; however, KSA has declined this request and eluded to the original deadline as the reason for imposing the enforcement action.
