LCS’s brands have been ordered to exit the Netherlands by the KSA.
The Dutch gambling authority, the KSA, have recently ordered the online gambling company LCS Limited to cease its operations in the country. The regulatory body cited illegal offerings of chance games as the reason for the order.
The KSA has mentioned that the company has offered chance games on at least one of its operating websites. Chance games are illegal in the Netherlands per the KOA act, which has the main aim of protecting Dutch players, especially more vulnerable people.
Additionally, the KSA has stated that they will be fining the company and its subsidiaries for every week they stay operational in the country. The authority warned that they would impose sanctions of over 50 thousand euros per week, with the maximum fine having the chance of exceeding 165 thousand euros.
According to Dutch rules and regulations, LCS will be given the ability to appeal the order of the KSA sometime in the future.
