{"id":5330,"date":"2023-03-08T12:48:57","date_gmt":"2023-03-08T12:48:57","guid":{"rendered":"https:\/\/www.top10casinowebsites.net\/news\/?p=5330"},"modified":"2023-03-08T15:56:50","modified_gmt":"2023-03-08T15:56:50","slug":"kansspelautoriteit-imposed-e26-million-in-total-fines-on-multiple-operators-in-2022","status":"publish","type":"post","link":"https:\/\/www.top10casinowebsites.net\/news\/kansspelautoriteit-imposed-e26-million-in-total-fines-on-multiple-operators-in-2022\/","title":{"rendered":"KSA Imposed \u20ac26 Million in Total Fines on Multiple Operators in 2022"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.top10casinowebsites.net\/wp-content\/uploads\/2015\/08\/kansspelautoriteit.jpg\" width=\"300\" alt=\"Kansspelautoriteit\" class=\"alignright size-medium\" title=\"Kansspelautoriteit Imposed \u20ac26 Million in Total Fines on Multiple Operators in 2022\" \/><strong>Summary <\/strong><\/p>\n<ul>\n<li>KSA fined 5 operators who targeted Dutch customers a combined \u20ac26 million in fines<\/li>\n<li>Cracking down on illegal online gambling operators is a priority for the KSA<\/li>\n<li>The sanctioned firms tried to prevent the publication of the decisions but did not succeed<\/li>\n<\/ul>\n<p>The <a href=\"https:\/\/www.top10casinowebsites.net\/news\/dutch-igaming-operators-cautioned-over-cashback-bonuses-and-delayed-payments\/\"><strong>Kansspelautoriteit<\/strong><\/a> (KSA), the Netherlands\u2019 gambling authority, imposed a total of \u20ac26 million in fines on multiple operators in 2022. <\/p>\n<p>The KSA said the enforcement action taken against the violators reflects the agency\u2019s commitment to keeping a safe gambling environment for Dutch customers. <\/p>\n<h2>Five Operators Hit with Massive Fines <\/h2>\n<p>The fines were handed down to five <a href=\"https:\/\/www.top10casinowebsites.net\/casinos\">online casino operators<\/a> offering their services to Dutch players without a license. The bulk of the penalties went to <strong>N1 Interactive Limited<\/strong> (\u20ac12.6 million) and <strong>Videoslots Limited<\/strong> (\u20ac9.87 million). The other three operators fined last year include <strong>Betpoint Group Limited<\/strong> (\u20ac1.78 million), <strong>Probe Investments Limited <\/strong>(\u20ac1.28 million) and <strong>Fairload Limited<\/strong> (\u20ac900,000). <\/p>\n<p>Offering online games of chance to Dutch customers without authorization is strictly prohibited in the Netherlands, and implementing this ban remains a top priority for the KSA. The amount of fines imposed on each operator was determined based on the existing fines policy in the country which was last updated in September 2021.  <\/p>\n<p>The KSA has described as \u201c<em>eye-catching<\/em>\u201d the fines handed down to N1 Interactive Limited and Videoslots Limited. According to the regulator, N1 Interactive Limited received a new financial penalty for a repeated violation for which it had already been fined. <\/p>\n<p>Meanwhile, Videoslots Limited incorrectly displayed the word mark of the KSA on its website which is a glaring violation, considering that the word mark can only be used by licensed operators. Other breaches that resulted in the large fine imposed on Videoslots relate to inadequate age verification, allowing the use of anonymous <a href=\"https:\/\/www.top10casinowebsites.net\/deposit-options\">casino payment methods<\/a>, and posing as a licensed online gambling provider.<\/p>\n<h2>Videoslots to Challenge \u20ac9.87 Million Fine<\/h2>\n<p>After being notified of their penalties back in December 2022, the sanctioned operators attempted to block KSA from publishing the decisions, but a judge recently turned down their requests. <\/p>\n<p>Videoslots said it would challenge the \u20ac9.87 million penalty imposed on its business, saying the KSA\u2019s issuance of the fine was \u201c<em>absurd and unlawful<\/em>\u201d. It accused the regulator of calculating the fine based on \u201c<em>guesstimates<\/em>\u201d. <\/p>\n<p>KSA Chairman <strong>Ren\u00e9 Jansen<\/strong> emphasized once again that \u201c<em>player safety is paramount<\/em>\u201d and that they won\u2019t hesitate to punish illegal firms ignoring the country\u2019s gambling laws. Jansen said the five operators deserved the massive fines imposed on them given the huge profits they make running their illegal operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Summary KSA fined 5 operators who targeted Dutch customers a combined \u20ac26 million in fines Cracking down on illegal online gambling operators is a priority for the KSA The sanctioned firms tried to prevent the publication of the decisions but did not succeed The Kansspelautoriteit (KSA), the Netherlands\u2019 gambling authority, imposed a total of \u20ac26 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,11],"tags":[],"class_list":["post-5330","post","type-post","status-publish","format-standard","hentry","category-industry","category-legislation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - 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