Compliance Updates
KSA Imposes a Fine of €675,000 on NetX Betting Limited
The Netherlands Gambling Authority (KSA) has imposed a fine of €675,000 on NetX Betting Limited for offering online gambling without the necessary permit. This is prohibited. NetX had previously been given a penalty payment order for the illegal offer.
NetX offered illegal online gambling on pferdewetten.de and betbird.com, in which Dutch players could also participate. No measures were taken to keep players from the Netherlands out. For this violation, the KSA now imposes a fine of €675,000, consisting of the basic fine of €600,000 with an aggravating circumstance.
Michel Groothuizen, chairman of the board of the KSA, said: “Dutch players need to be protected: that is why we are cracking down hard on illegal offers. We see that illegal providers often pay little attention to the player and do not adhere to a duty of care. Here, for example, we saw the practice that players who are inactive for a long time after creating an account are given a ‘fine’ by the provider. If they do not play for a certain period of time, an amount of €5 per month is charged. A player is then punished if he does not participate in the (illegal) games of chance offered. That of course goes beyond all bounds.”
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