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Netherlands fines Bet-at-home 410k for gambling violations

bet-at-home-netherlands-410k-penalty-gambling Netherlands fines Bet-at-home €410k for gambling violations TAGs: Bet-at-Home , Kansspelautoriteit , Netherlands German online gambling operator Bet-at-home has been hit with €410k in financial penalties by Netherlands gaming regulators who say the company explicitly targeted Dutch punters without a local license. http://gopokertedkg.firesci.com On Tuesday, the Netherlands’ Kansspelautoreit (KSA) gaming regulatory body announced that it had sanctioned the Frankfurt-listed Bet-at-home for a variety of offenses, including promoting its products in the Dutch language, incorporating the Dutch flag in its marketing and allowing its website to be accessed from Dutch http://gamblepurchasekkig5.tutorial-blog.net IP addresses. The KSA says it previously discussed these issues with the company in 2012 and 2014, but was informed in May 2017 of the existence of Bet-at-home adverts appearing on a television channel aimed at Netherlands residents. This prompted the regulator to open a new investigation into Bet-at-home’s activities last October. KSA agents were able to open accounts with Bet-at-home from Dutch IP addresses, and were able to fund those accounts with Dutch online payment processor iDeal, whose services were recommended on the Bet-at-home website. As punishment, the KSA has handed two Bet-at-home subsidiaries a combined bill for €410k, which is only slightly shy of the record €480k penalty the KSA handed down in 2015 to a family of gambling sites that were deemed to be repeat offenders of the KSA’s edicts. Bet-at-home can’t say it wasn’t warned. In December 2016, the KSA announced a new zero-tolerance policy for issuing fines against unauthorized gambling sites catering to Dutch punters. In May 2017, the KSA announced strict new prohibitions on international gambling sites promoting their wares using iconic Dutch imagery and using payment processing methods that are “wholly or largely used” by Dutch consumers, while also requiring sites to geo-block Dutch punters. It remains to be seen whether the KSA can collect on this fine, as the regulator has run into difficulty collecting from companies that lack a physical presence in the Netherlands. However, with the company poised to (finally) liberalize its online market , failure to make good on such outstanding obligations could doom Bet-at-home’s chances of receiving a Dutch gambling license.

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