KSA imposes €600,000 in fines for illegal gaming offerings

By Peter Lynch

The Dutch Gaming Authority, Kansspelautoriteit (KSA), has imposed fines worth €600,000 ($734,952) for the offering of illegal online games of chance.

Virtual Coin Gaming NV in Curaçao offered the games on its websites www.futgalaxy.nl and nl.futgamer.com, and has received a €500,000 fine.

An unnamed individual, meanwhile, has been fined €100,000.

The KSA has revealed the fines had been increased for several reasons, namely that young adults had taken part in the games of chance.

The body also noted it prioritises illegal games that specifically target Dutch customers, and that this was the case with www.futgalaxy.nl and nl.futgamer.com, with both websites using the Dutch language.

The games violated the Games of Chance Act, which stipulates that a game of chance may be offered only if a licence has been granted.

Online games of chance are prohibited in the country, with the current law stating it is not possible to apply for a licence for online games of chance.

The law is expected to change to align with the Remote Gambling Act, which will come into effect later this year.

Licences for online games of chance will be made available, but operators must meet strict conditions regarding player protection.

TAGS:

Share This Post



NEWS SPONSOR

More News

The launch of the online gaming market in the Netherlands has been further delayed after the Dutch Remote Gambling Act (Koa) was pushed back by a month. Minister for Legal Protection Sander...




This article originally appeared in the November/December edition of Gambling Insider magazine: Steve Donoughue, who oversees Britain’s foremost gambling licensing & compliance advisory service, tells Gambling Insider his thoughts on the...