Dutch Gaming Regulator the KSA Hands Out Fines

Hot on the heels of the news that the Dutch Senate last week passed legislation that will see remote gaming become ‘legal’ in the Netherlands. The Dutch Gaming Authority have this week meted out fines to two operators, who have been found to be accepting customers who are residents of Holland.

The Netherlands Gaming Authority known as the KSA (Kansspelautoriteit) have found that  websites operated by Exinvest and 1x Corp could be accessed by Dutch residents. With sites operated by both companies using the Dutch language and also using the Dutch payment solution iDeal.

Further investigation has shown that both companies were behind a total of 83 gaming sites that specifically targeted the Dutch market. In clear contravention of Dutch laws concerning remote gaming.

1x Corp is a company that operates out of Curaçao, whilst Exinvest is based in Cyprus. The fines served on both companies come to a total of €400,000.

René Jansen the Chairman of the KSA  (Kansspelautoriteit) commenting on the news of the fines said: “Online gambling in the Netherlands is illegal. Under the current legal regime for companies, it is not possible to get a licence for offering online games of chance. Consumers are not assured of a safe game on an honest market with illegal providers.”