The no-nonsense approach adopted by the Kansspelautoriteit (KSA), the Dutch Gaming Authority, is set to continue this year, as the regulator made its first enforcement action of 2023. In a statement, the KSA revealed that an operator trading as Shark77 had been fined €900,000 for offering a ‘games of chance’ service without an approved licence. This is a violation of …
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The Dutch Gambling Authority, the Kansspelautoriteit (KSA), continues to maintain a watchful eye over the Netherlands’ betting space, warning two operators for offering a loyalty programme. Both firms have been ordered to stop providing the loyalty programmes, which it asserts have targeted young adults, in violation of KSA licensing requirements. Loyalty programmes are defined as advertising activities, and in both …
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One year and two months after the regulation of the Dutch online gambling space, the market has grown to include 24 operators serving 563,000 players, but this has left the regulator with a conundrum to address. René Jansen, Chair of the Kansspelautoriteit (KSA), the Dutch Gambling Authority, broke down market developments in the Netherlands as a full year of regulated …
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The Kansspelautoriteit (KSA), the Dutch Gambling Authority, has ruled against state-owned gambling company Holland Casino for online advertising. Under KSA licence requirements, operators are not allowed to use online methods to advertise or recruit for goods and services ‘other than the licensed games of chance on the games of chance interface’. As a result, the regulator concluded that Holland Casino …
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Dutch Minister of Justice Franc Weerwind outlined the government’s expectations for gambling companies’ payments journeys in a recent Q&A with the House of Representatives. Answering questions from legislators in the Netherlands’ Second Chamber, Weerwind asserted that operators should deposit funds into customers’ bank accounts “without undue delay”, but also remain vigilant on money laundering and fraud detection. He also added, …
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The Dutch Gambling Authority, Kansspelautoriteit (KSA), has issued another reminder to operators on licensing duties, specifically around the topic of cashback. In the latest series of updates from the KSA to Dutch licence holders, the authority stated that operators should stop providing cashback as a bonus. Addressing Netherlands betting and gaming firms by letter, the gambling authority reminded licensees that …
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Toto Online, a Nederlandse Loterij brand, has been hit with a penalty of €400,000 by the Kansspelautoriteit (KSA), the Dutch gambling authority. The company received a fine for targeted advertising of its gambling products to 18-23-year-old customers, due to sending messages to its entire customer base over four months. Said messages were sent by the operator of the www.toto.nl, www.sport.toto.nl …
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The Kansspelautoriteit (KSA), the Dutch Gambling Authority, has issued warnings against three operators for violations of licence requirements. With the early stages of the 2022 FIFA World Cup underway, the KSA revealed that two operators were offering ‘prohibited bets’ in the build-up to the tournament, namely wagering on yellow cards. Although a popular stats betting market in more established online …
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The Kansspelautoriteit (KSA) has fired warning shots over the heads of two unnamed operators for potential breaches of money-laundering legislation. Both companies were found to ‘insufficiently complying’ with the terms of the Money Laundering and Terrorist Financing (Prevention) Act (Wwft) following a lengthly investigation. The KSA – the Dutch Gambling Authority – concluded a preliminary study into compliance obligations earlier …
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The Dutch gambling regulator, Kansspelautoriteit (KSA), has advised online betting operators in the country to avoid a ‘bombardment of advertising’ during the FIFA World Cup. In a blog post, KSA Chair René Jensen noted that Minister of Justice Franc Weerwind, who holds legislative responsibility for the Dutch gambling industry, had previously urged betting firms to ‘moderate their advertising’ around the …
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