The expiry date for the voluntary advertising code observed by Dutch betting firms has been extended from 1 March 2023 to 1 June 2023, in lieu of potential legislative changes. Dutch licence holders first adopted the Advertising Code for Online Games of Chance on 15 December, two months after the KOA Act re-regulated the online gambling space, and sits on …
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Dutch MPs propose ‘two-strikes’ rule for repeated ad breaches
A cross-party group of Dutch MPs has questioned two Ministers with oversight on betting and gaming over the sector’s potential impact on young people. Questions were submitted by Mirjam Bikker of the Christian Union, with co-initiations from Michel van Nispen of the Socialist Party, Kees van der Staaij of the Political Reformed Party and Songül Mutluer of the Labour Party. …
Read More »KSA targets Shark77 with €900k fine for unlicensed gaming activity
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 …
Read More »Franc Weerwind: Dutch firms must pay customers ’without undue delay’
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, …
Read More »KSA orders LCS brands to withdraw from Dutch market
Kansspelautoriteit (KSA), the Netherlands gambling authority, has ordered Malta-based online casino group LCS Limited to immediately comply with its jurisdiction and cease and withdraw its Dutch market activities. KSA has imposed a cease-and-desist order on LCS Limited brands for ‘illegally offering games of chance’, which have contravened the laws established by the KOA Act, safeguarding and monitoring Dutch online gambling’s …
Read More »Raketech maintains 2022 outlook overcoming mounting Euro headwinds
Raketech Plc has reported ‘solid results’ as its affiliate network continues to grow despite facing challenging conditions across Western European markets. Publishing its Interim H1 trading statement, the firm posted year-to-date revenues of €24m, up 40% on corresponding 2021 results of €17m. Headline growth was maintained, despite Raketech registering a tougher than anticipated Q2 performance in which its affiliate network …
Read More »Unibet ‘acknowledges bonus issues’ shortly after market re-entry
Unibet has encountered operational issues in the Netherlands, just one month after securing re-entry to the country’s online betting market. Bettors holding accounts with the Kindred Group sportsbook brand have apparently been experiencing ‘problems’ with bonuses provided by the operator. Issuing an update, the Dutch Gaming Authority, Kansspelautoriteit (KSA), stated that it has been in contact with Unibet after receiving …
Read More »KSA reminds operators of role model ban ahead of implementation
The Dutch Gaming Authority, Kansspelautoriteit (KSA), has issued a reminder to operators active in the country’s marketplace of the immediate ban on ‘role models’ in marketing. From 30 June onwards, Dutch market incumbents will be prohibited from using any public figures familiar with younger consumers in their marketing and advertising campaigns. This will include footballers and other prominent sports stars, …
Read More »René Jansen, KSA: Operator responsibility to be monitored closely
Operators active in the Dutch online betting market must ensure they maintain momentum on their responsibility duties, in order to avoid greater government intervention in the sector. Publishing some thoughts in a blog post, Chair of the Dutch gambling regulator Kansspelautoriteit (KSA), René Jansen, observed that political patience on betting advertisements ‘is very limited’. Calls for further restrictions on Dutch …
Read More »KSA launches investigation into gambling adverts impact on minors
The Dutch Gambling Authority, Kansspelautoriteit (KSA), has initiated an investigation into advertising by betting firms in the country that may be accessible by underage consumers. Issuing an update, the KSA detailed that the research will consist of two parts – firstly, the authority will request information from licensed providers to confirm whether adverts have been sent to minors and young …
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