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In the Netherlands and the Kansspelautoriteit (KSA) gambling regulator has reportedly announced that it will take decisive action against any unlicensed online casino firm who may decide to begin illegally offering services to the nation’s players.Penalty equal to the offense:The findings, resulting in the regulatory body issuing a warning and sanction fee to the company, with the steep penalty fee commensurate with the number of violations in addition to the subsidiary’s high turnover. The KSA has since purportedly observed multiple operators attempting to exploit this situation by offering their services to Dutch players without a license....
Reportedly read a statement from Jansen…“It may also take longer for a change request to be processed, for example in the context of a current permit.com cited the regulator’s Chairman, Rene Jansen, as describing such illicit actions in the Netherlands as ‘unacceptable’ and ‘completely objectionable’ before advising firm’s utilizing such tactics that these ‘will weigh heavily in a possible application for an online gambling license’.”...
Portfolio-wcom, the warning comes after the country decided to shutter every one of its 14 land-based casinos until early April so as to help stop the spread of a highly-contagious coronavirus strain that has so far kille 1 rooms star casinod 58 locals.Kindred operates its Storspelare, Bingo....
Multi-state agreement:In related news, Kindred recently signed an agreement with Caesars Entertainment that provides it with market access in Iowa and Indiana, and potentially more states, to operate iGaming and online sports betting pending the passage of applicable local legislation and its receipt of the necessary gaming licenses. During the spring in 2019, Kindred adopted a more restrictive interpretation of the law. We have seen consumers lured into what is known as a corona-free offering....
Later that same year in May and June, additional checks by the gambling authority uncovered bonus offers that were reportedly in violation of the Gaming Act, with games not within the scope of the company’s license also being offered. The KSA has since purportedly observed multiple operators attempting to exploit this situation by offering their services to Dutch players without a license.”...
