Industry News
Betsson criticises “bad actor” proposal by the Dutch government
Betsson, a Swedish gaming company, has expressed its doubts on the proposal by the Dutch government for a “bad actor” clause. As per the Dutch government proposals, such firms will face ban on operating in the Netherlands when the licensed regime finally launches.
Sander Dekker, Minister for Justice, revealed the proposal that firms penalised by the Netherlands’ regulator for unlawfully targeting Dutch customers would be initially ineligible to operate in the country’s liberalised market.
Should the rule be written into law, companies such as Betsson and MRG that have been fined in the last month would see their Dutch launch delayed further.
While the Kansspelautoriteit (KSA) has argued that those found to have been operating illegally should be banned from the Netherlands, Dekker stated earlier this year that Dutch consumers should have the right to access sites with a “reliable reputation.”
Speaking to the Justice and Security Committee, he reiterated that while a permanent ban would be “legally disproportionate”, the regulator should exclude penalised firms for a yet-to-be-determined period.
Betsson’s Corona subsidiary was fined €300,000 ($350,000/£266,000) by the KSA in late August for promoting its krooncasino.com and oranjecasino.com brands.
In a statement issued last week, Corona said it is appealing the decision. It added that it “maintains its prior position that its operations comply with applicable laws and regulations in the absence of an EU-compliant gambling legislation in the Netherlands.”
Should Corona fail in its appeal with the regulator, the company intends to refer the matter to a court of law.
Betsson acquired Corona in 2014 in anticipation of the re-regulation of the Dutch online gaming market, which had been scheduled to take place 2015.
Source: iGaming Business
-
Africa7 days ago
Altenar obtains National Manufacturer licence in South Africa
-
Industry News4 days ago
Pennsylvania Skill, powered by Pace-O-Matic, congratulates PA Gaming Control Board and casinos on a banner 2024 with record monthly revenue
-
Latest News4 days ago
FBM Foundation spreads holiday cheer with initiatives in Brazil and the Philippines
-
Australia6 days ago
AUSTRAC Takes Ladbrokes and Neds’ Operator – Entain – to Federal Court Over Serious Non-compliance with Australia’s Money Laundering Laws
-
eSports6 days ago
GRID Joins IBIA as an Associate Member, Strengthening Esports Integrity
-
Asia3 days ago
India Levels Up: Emerging as a Global Gaming Powerhouse in 2024
-
Interviews6 days ago
FTDx Wins Xanada Startup Contest: Unlocking Untapped iGaming Traffic with Innovative Monetization Solutions
-
Compliance Updates4 days ago
Stakelogic Secures License to the newly regulated Danish market