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KSA imposes fine on Onisac Ltd for the Second Time

Niji Narayan

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KSA imposes fine on Onisac Ltd for the Second Time
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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.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Compliance Updates

Victory for Lottery in Pennsylvania Casinos’ Gambling Lawsuit

Niji Narayan

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Victory for Lottery in Pennsylvania Casinos’ Gambling Lawsuit
Photo Source: post-gazette.com
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Pennsylvania casinos have lost a bid to close down online lottery games that they say are too much like casino gambling, just days before the state’s first casinos launch their own online gambling portals.

The decision of Commonwealth Court is a victory for the state lottery, although the casino owners’ 9-month-old lawsuit will continue.

Lottery officials say the games are in accordance with the 2017 state law that authorised them, but the casinos argue that some online lottery games violate it because they simulate slot machines and casino-style gambling.

The state regulators will allow Parx Casino and Penn Nation’s Hollywood Casino to launch their online gambling portals to patrons statewide as part of a three-day test.

New Jersey, Delaware and Nevada are the only other states that allow online casino gambling.

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Compliance Updates

SYNOT Games Secures Portuguese License

Niji Narayan

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SYNOT Games Secures Portuguese License
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SYNOT Games, an established content supplier licensed by the Malta Gaming Authority, has acquired the certification to enter the Portuguese iGaming market.

The regulatory news comes after recent launches in Sweden and Denmark and outlines further expansion to south European markets expected in the upcoming weeks and months.

“Portugal is another significant destination for SYNOT Games and marks our entry to the Iberian Peninsula. The certification underlines our commitment to further focus on expansion in regulated markets. We believe that our diverse portfolio will prove to be highly popular among Portuguese players,” Ivan Kodaj, CEO at SYNOT Games said.

Portuguese market has gone live in 2017. Last year, revenues in online gaming and betting show significant growth compared to the previous year.

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Compliance Updates

Kansspelautoriteit Proposes New Licensing Rule

Niji Narayan

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Kansspelautoriteit Proposes New Licensing Rule
Image Source: iamexpat.nl
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Kansspelautoriteit (KSA), the gambling regulator in the Netherlands, has announced a new rule that would implement a two year “cooling off” period for potential gambling licensees.

The rule, which is still at the draft stage, requires all operators applying for a KSA licence to have refrained from providing online gambling products to consumers in the Netherlands for a period of two years.

Before the passing of Remote Gambling Act 2018, the Netherlands government said that it would be important to avoid offering licenses to gambling operators that had targeted the Dutch market.

As per the new rule, the KSA will apply six tests to establish whether a company had illegally targeted Dutch consumers, as part of its ongoing work to establish the licensing process. It is expected that licensing will begin in July 2020.

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