Tag Archives: The Netherlands

Betsson deepens geographic diversification with two Dutch acquisitions

Betsson

In an update to shareholders, Betsson Group has revealed two new acquisitions aimed at strengthening the operator’s presence in the Dutch market.  The first company that is now under the wing of Betsson is Holland Gaming Technology Ltd, which holds a Dutch casino games licence and operates the goldruncasino.nl and goldruncasino.com domains.  Holland Power Gaming B.V. is the second – …

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KSA buttons up to fight match-fixing in Dutch sports

SBC News KSA buttons up to fight match-fixing in Dutch sports

The Dutch sports betting market has been placed under surveillance by the Kansspelautoriteit (KSA), the country’s gaming authority, to root out potential match-fixing in amateur sports competitions.  According to the national legislation on sports betting, “gambling providers who offer betting on sports competitions are not allowed to do so for just every match”.  This is why a number of providers …

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KSA updates AML guidelines with specific requirements on gambling addiction engagements

SBC News KSA updates AML guidelines with specific requirements on gambling addiction engagements

Kansspelautoriteit (KSA), the Gambling Authority of the Netherlands, has published its updated guidelines to help licensed operators (land-based and online) uphold the laws of The Money Laundering and Terrorism Financing (Prevention) Act (WwFT). The legal framework of the WwFT has been applicable as Dutch law since 2008, with the underlying aim to “prevent the financial system from being used for …

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René Jansen to end KSA chairmanship in 2024

SBC News René Jansen to end KSA chairmanship in 2024

Kansspelautoriteit (KSA) has confirmed that René Jansen will not stand for reappointment as Chairman of the Netherlands gambling authority. This afternoon, KSA informed that Jansen, who’s tenure expires on 1 October 2024, “has chosen not to stand for reappointment because he will reach retirement age at the end of 2023.” KSA has alerted Franc Weerwind, Minister for Legal Protection, of …

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KSA scan showcases changed make-up of Dutch gambling 

KSA, Netherlands/Dutch gambling authority

Kansspelautoriteit (KSA) the Gambling Authority of the Netherlands has published its ‘2022 Market Scan’ tracking the performance and regulated activities of the Dutch gambling market.  The report highlights KSA’s primary observation that the “opening of the online gambling market has had an impact on the land-based market, evident from current trends and data presented by the  Gambling Market Scan of …

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KSA warns Dutch NPL of breaching celebrity endorsement rules 

SBC News KSA warns Dutch NPL of breaching celebrity endorsement rules 

Kansspelautoriteit (KSA), the Netherlands Gambling Authority, has issued a warning to Nationale Postcode Loterij (NPL), the Dutch Postcode Lottery, for breaching the advertising rules of the KOA regime. The warning concerns an NPL campaign which featured a ‘well-known celebrity’ to promote a ‘Deal or No Deal’ themed lottery game on TV and online media. The use of a celebrity contravenes …

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Kindred forecasts 30% revenue slump due to Dutch KOA drag

SBC News Kindred forecasts 30% revenue slump due to Dutch KOA drag

Kindred Group has notified investors that it anticipates a 30% revenue decline in corporate revenues to £247 million, as a result of ‘temporary Dutch market headwinds’ impacting its business.  The Stockholm-listed online gambling group issued a pre-close trading update ahead of its Q1 earnings call on Thursday 28 April, alerting investors of its expected + £100 million slump in revenues. …

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Maxima Compliance expands global management team with Burgoyne & de Graaff hires

SBC News Maxima Compliance expands global management team with Burgoyne & de Graaff hires

Maxima Compliance has bolstered its global management team with the senior hires of Andrew Burgoyne as Head of Regulatory and Mike de Graaff as the company’s Regional Compliance Manager for the Netherlands. Burgoyne joins Maxima Compliance after more than three years as Compliance Manager at FTSE 100 online gambling Flutter Entertainment Plc. He previously worked for Sky and the Advertising …

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KSA retires Dutch Cooling-Off command

Rene Jansen KSA

Kansspelautoriteit (KSA), the Netherlands gambling authority, has confirmed that its ‘Cooling-Off’ command will expire as of Friday 1 April 2022.  The Cooling-Off command was enforced by KSA as a pre-licensing condition to safeguard the launch of the KOA Regime on October 1 2021, which saw the Netherlands establish its regulated online gambling marketplace. Spanning a period of two years and …

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KSA demands improvement on online advertising campaigns

Rene Jansen KSA

Kansspelautoriteit (KSA), the Netherlands Gambling Authority has warned KOA online gambling licensees to drastically improve the targeting of their online advertising campaigns.  This morning, the authority notified that it had sent warnings to all 11 KOA licence holders citing that ‘special attention must be paid’ to online campaigns to ensure that advertising messages are not seen ‘by vulnerable persons such …

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