In The Netherlands, Recorded Fines For Illegal Gembling Companies Have Been Introduced

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February 1, 2022
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Operators of gambling online games serving customers willlands will face huge fines. Regulators of the igor industry are preparing for new reforms in this industry.

In The Netherlands, Recorded Fines for Illegal Gembling Companies Have Been Introduced

On wednesday, february 27, regulating the netherlands authorities kansspelautoriteit (ksa) announced that it increases the former fines size for unlicensed operators on the internet with €150 thouusand. Before €200 thousand. Change comes into force on march 1.

Representatives of kansspelautoriteit stated that the size of the fine in €200 thousand. Will be adjusted in the direction of increasing or decreasing depending on how often the operators will violate this requirement. Among the criteria affecting the amount of money recovery: the number of websites that violate the law, the number of illegal online games and the types of marketing tools used to attract players.

In addition, the regulator warned that the ignorance of this law does not release a single operator from responsibility.

The chairman of ksa rene yanesen explained a new policy, stating that the fines that were previously actually effective. Jansen warned that it was only the first step in a new law enforcement mode, since ksa intends to carefully review the policy of sanctions in the future.

Recall: this month, the gambling regulator of the netherlands fined about hundreds of unlicensed gembling operators.

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