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iGaming.News
Gambling LawFriday, 25 October 2024 · 9:24am GMT · 2 min read

Dutch Regulator Fines NetX Betting €675,000 for Unlicensed Gambling Operations

The total fine includes a €600,000 base amount with additional penalties added due to further violations.

AWAbigail WelchEditorial Team
Dutch Regulator Fines NetX Betting €675,000 for Unlicensed Gambling Operations

The Kansspelautoriteit (KSA), the Dutch gambling regulator, has imposed a €675,000 fine on NetX Betting for offering unlicensed online gambling through its platforms, Pferdewetten and BetBird, accessible to Dutch players. This penalty follows a previous enforcement order issued to NetX Betting by the KSA for “similar illegal offerings.”

The total fine includes a €600,000 base amount with additional penalties added due to further violations.

KSA Chair Michel Groothuizen highlighted the need for strict measures against unlicensed gambling:

“Dutch players need to be protected, which is why illegal gambling offers are addressed with strict measures. Illegal providers often show little regard for player welfare and disregard their duty of care. For example, players who are inactive after creating an account face a ‘fine,’ where a €5 monthly fee is imposed for not playing. This practice effectively penalises players for not participating in the illegal games offered, a policy that is clearly beyond acceptable limits.”

The KSA’s action underscores its commitment to safeguarding Dutch players and ensuring fair practices in the gaming industry.

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