KSA imposes fines of over €25m on illegal operators

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KSA imposes fines of over €25m on illegal operators

The Dutch Kansspelautoriteit has recently revealed a combined amercement of over 25 million Euros for seven unauthorized operators.

The regulator imposed its penalties at the end of December of 2022. The operators in question offered online gambling services in the Netherlands without holding appropriate licenses with the Ksa.

One of the perpetrators was Shark 77, which had a fine of 900 thousand Euros imposed on itself pretty recently in January. The other six operators are still in court over their illegal actions, so the Kansspelautoriteit could not share their details at the time of writing.

The Ksa also mentioned that a majority of the seven operators broke other laws in addition to not having a license. Some of these violations included allowing prohibited payment methods such as crypto, carrying out no age verification at all, and displaying fake Kansspelautoriteit certification credentials.

Because of their violations, the operators are getting record-breaking fines from the Ksa. Furthermore, the penalties are following the regulator’s new guidelines, which are much stricter than before. The Kansspelautoriteit is now taking the violators’ estimated turnover into account when calculating fine amounts, which results in much heftier amercements.