Tag Archives: KOA Act)

Three licensed Dutch operators have been warned by the country’s gambling authority, the Kansspelautoriteit (KSA), for breaching the untargeted advertising ban initiated earlier this year. Although not named by the regulator, the ‘various online operators’ have been cautioned for advertising their products and services via billboards and in bus shelters. This breaks the law implemented on 1 July which banned …

The Dutch government has published the full draft of its ban on ‘untargeted’ advertising and recruitment by licensed betting companies in the Netherlands, setting a start date of 1 July. From this date, operators in the Netherlands will have to adhere to a much stricter advertising policy. Measures include a ban on televised advertisements and marketing in public places, such …

Dutch Minister of Legal Protections, Franc Weerwind, has confirmed that the long-delayed ban on ‘indiscriminate adverts’ promoting gambling will take effect no later than July 1, 2023.  Weerwind, who oversees Dutch gambling regulatory developments, made this statement in response to ministerial questions submitted to Kamer. The ban on untargeted advertising for high-risk games of chance was initially set to be …

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 …

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. …

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 …

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, …

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 …

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 …

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 …