Tag Archives: netherlands

A diverse range of betting stakeholders have advised the Dutch government not to restrict betting markets and instead implement sensible in-play wagering policies, as the Netherlands prepares to launch its regulated online gambling marketplace in 2021. Industry submissions have been made public as the Dutch government concludes its consultation on draft laws intended to govern remote gambling services. Seventeen industry …

Stockholm-listed Kindred Group Plc has been fined €470,000 by the Netherlands Gambling Authority (KSA) in relation to breaching legislative terms set by the ‘1964 Gambling Act’. Kindred said that the Dutch KSA has sanctioned the penalty to Malta-based trading subsidiary Trannel International Ltd for accepting wagers from Dutch customers in violation of 1964 Gambling Act regulatory provisions. The European operator details …

Nordic market adjustments and Dutch declines have seen Betsson AB governance report a 5% year-on-year revenue decline for Q2 2019 trading. Publishing its H1 2019 interim update, Stockholm-listed Betsson AB reports a tough Q2 April-to-June trading period, in which group revenues declined 5% to SEK 1.27 billion (Q2 2018: SEK 1.3bn). Betsson governance details a ‘period of operational adjustments’, in …

The Netherlands gambling regulatory body Kansspelautoriteit (KSA) has issued an ‘intermediate update’, detailing that ‘79 interested parties’ have approached its organisation detailing interest in securing KSA online gambling licenses. KSA opened its operator registration process on 5 June, as the regulator published its new long-term strategy towards establishing its long-awaited Remote Gambling Act. Led by new Chairman Rene Jansen, the …

Dutch gambling regulator Kansspelautoriteit (KSA) has set out to gather the opinions from the gambling industry and stakeholders regarding player protection measures as part of an industry-wide consultation. The Dutch Senate recently passed its Remote Gaming Act after debating the bill for two and a half years. But following the approval of the legislation, the KSA has been tasked with …

Dutch regulator Kansspelautoriteit (KSA) has upped its minimum illegal online gambling sanctions from €150,000 up to €200,000 following the decision from the country’s Senate to approve its Remote Gaming Act. The fines, which come into force today, may be subject to change depending on the number of illegal sites and games as well as the number of bonuses and prizes …