Compliance Updates
Unibet Drops Appeal Against Kansspelautoriteit Fine
Unibet has withdrawn its objection to the fine it was slapped with by the Netherlands Gambling Authority. The move means that the financial penalty has now become irrevocable and that the company has probably paid it or plans to pay it.
In August, Kansspelautoriteit hit Unibet with a €470,000 fine to punish it for servicing Dutch gamblers. The fine was issued after the regulator conducted a probe into the popular betting and gaming brand’s activities and discovered a series of violations of Dutch gambling regulations.
Kansspelautoriteit found that Unibet had targeted local gambling customers between August and December 2018. Over that period Dutch players and bettors were able to use locally popular payment method iDEAL to move funds to and from accounts they had with Unibet.
In addition, the gambling site offered customer support in the Dutch language and did not list the Netherlands as a restricted territory. Dutch gamblers were able to play slots and table games and to bet on sports on Unibet.eu.
Unibet withdrawing its objection to Kansspelautoriteit’s fine indicates that the operator will look to be among the early entries into the Netherlands’ regulated iGaming space.
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