Compliance Updates

Dutch Gaming Authority Imposes Penalty Payment Order on Winbet

Published

3 months ago

October 24, 2024

Reading Time: < 1 minute

The Dutch Gaming Authority (KSA) has imposed a penalty payment order on Winbet NV for offering unlicensed games of chance. Offering games of chance without the required license is prohibited in the Netherlands. If the party does not cease the violation and keep it ceased, it will be imposed a penalty payment.

Investigation by the KSA has shown that Winbet offered gambling via four websites: galaxyspins.com, winnercasino1.bet, superb1.bet and doctorspins.com. For this, it has been imposed a penalty of €280,000 per week, with a maximum of €840,000.

On all the sites examined it was possible to create a player account, make deposits and participate in the illegal gambling offered. No technical measures were taken on the sites to prevent participation from the Netherlands.

The Netherlands has a regulated gambling market to better protect players. The KSA therefore takes tough action against illegal supply. With an order subject to penalty, illegal supply is often quickly stopped. Providers can also be fined for the period in which the illegal supply was available.

Related Topics:Dutch Gaming Authority games of chances KSA Winbet NV

Up Next

Kindred’s Journey Towards Zero: An Increase in Q3 Revenue from High-risk Players

Don't Miss

Symplify signs strategic CRM partnership with Playbook.MT

Niji Narayan

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.