Compliance Updates
KSA imposes fine on Onisac Ltd for the Second Time

KSA, the Dutch Gaming Authority, has imposed a fine of 450,000 euros on Onisac Limited. Onisac, based in Gibraltar, is the company behind the casino.com website.
The fine of 450,000 euros has various components. EUR 200,000 was imposed for offering online games of chance. The remaining 50,000 euro fine was imposed for charging unreasonable administration costs.
Onisac already received a fine from the KSA in 2013. René Jansen, chairman of the KSA: ‘This is a repeat offender. That makes the violation extra harmful and is reason to double the fine. “
The company charged players 5 per cent administration fee per month if they were inactive for 180 days, with a minimum of 15 and a maximum of $500.
-
Interviews5 days ago
Why crash has become big business for operators and suppliers
-
Asia5 days ago
BETBY TRIUMPHS AT SiGMA ASIA MANILA, WINNING BEST ESPORTS PROVIDER AWARD
-
Balkans6 days ago
Evoplay partners with Palms Bet to strengthen Bulgarian presence
-
Latest News5 days ago
Veikkaus Enters into Long-term Partnership with Jokerit
-
Compliance Updates5 days ago
Lukashenko Says Gambling Establishments Should Introduce Moratorium on Gaming in Debt
-
Interviews5 days ago
Bet Builder Q&A w/Abelson Sports’ CBO Jeevan Jeyaratnam
-
Conferences in Europe5 days ago
WiseGaming ready to showcase agile platform at SBC Malta
-
Latest News4 days ago
Oddschecker Announces Key Grid Position Updates