Compliance Updates
Dutch Gaming Authority Imposes Penalty Payment Order on Winbet

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.
-
Latest News5 days ago
PG Soft releases fantasy-inspired Jack the Giant Hunter slot
-
Africa5 days ago
Jelly Entertainment Enters into Partnership with betPawa
-
Asia5 days ago
Nazara Publishing Launches Pokerverse VR
-
Latest News5 days ago
Kambi and JOI gaming (JVH gaming & entertainment group) announce multi-year online sportsbook partnership extension
-
Latest News5 days ago
MGA Publishes its 2024 Annual Report and Financial Statements
-
Interviews5 days ago
HIPTHER Community Voices: Interview with Dr. Maria Loumpourdi, founder and Managing Director of Made From Within
-
Asia4 days ago
Bloomberry Resorts Corporation Appoints Gregory Francis Hawkins as Director, President and COO
-
Affiliate Industry5 days ago
Meet MegaList: The Rising Force in iGaming Affiliation