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KSA threatens unlicensed Dutch provider with €840,000 fine

May 9, 2024
in Entertainment
KSA threatens unlicensed Dutch provider with €840,000 fine
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The Dutch Gambling Authority issued a stern warning to an unlicensed gambling operator, urging them to halt their operations in the market or face hefty fines of up to €840,000.

The regulatory body, known as Kansspelautoriteit in the Netherlands, declared that Sarah Eternal, operating under the Casino Sky brand, lacked the necessary license to conduct business in the regulated market.

CasinoSky, along with Sarah Eternal, a gambling entity situated in Costa Rica, were instructed by the KSA to cease their infringing activities, with penalties looming at €240,000 per week, capped at €840,000.

Inspectors were noted to have the ability to create accounts, deposit funds, and engage in games of chance with the provider, underlining the severity of the situation.

The authority stated:

The KSA emphasized that unlicensed providers should take proactive measures to prevent Dutch players from accessing their platforms, such as implementing IP blocks.

Furthermore, it highlighted that even if a player’s account indicated Dutch residency, accessing and playing casino games on Casino Sky remained feasible, hence the enforcement measures.

KSA asserted:

The Netherlands has established a regulated gaming environment to safeguard players’ interests. Consequently, stringent actions are taken against illicit offerings, often resulting in swift cessation through enforceable orders.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TheGamblest – https://www.thegamblest.com/ksa-threatens-unlicensed-dutch-provider-with-e840000-fine/

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