The KSA fines LCS Limited €2.1m for operating without a licence

Following a year of disclosure decisions and penalty payments, the KSA has decided to fine LCS Limited for repeated regulatory failures.

fine lcs
Listen To Article

The Kansspelautoriteit, the Dutch Gaming Authority (KSA), has fined LCS Limited €2.1m ($2.2m) for operating in the Netherlands without a licence.

Players in the Netherlands were able to access its website, www.sonofslots.com, despite being warned previously about the infraction.

This is an infringement of the Gambling Act, which states that the website must have the necessary licence to offer games of chance to players in the Netherlands.

The licence will require operators to adhere to strict rules and regulations that ensure safe and legal games offered to players, which are fair to play and supported by responsible gaming messaging.

An initial penalty payment of €165,000 was ordered to be paid back in August 2022, following an investigation that started in March of that year.

René Jansen, KSA Chairman of the Board, said: "An order under penalty payment is often a very effective method to stop illegal supply immediately.

“However, illegal providers who then go black should not think that they have 'bought off' their illegal activities: the previously committed violations can also be punished.

“In addition, we will continue to carry out rechecks to check whether the supply has actually ceased and will continue to exist."

The fine amount is based on the 8% estimated turnover amount from the operations in the Netherlands, which totals €25.9m.

As such, the fine given to LSC will be €2.1m, which the KSA deems appropriate in the circumstances of the case.

Premium+ Connections
Premium

Digitain

 
Premium

GammaStack

 
 
Premium

Lynon

 
Premium

Imagine Live

 
Premium

1xBet Partners

 
Premium

RISK

 
Premium

Galaxsys

 
Premium

PIN-UP Partners

 
Premium

Sport Generate

 
Premium

Revsharks

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...