The fined comes after several Dutch industry trade bodies called for greater monitoring of the black market. This was in the wake of new data from KSA suggesting lower-than-expected channelisation rates.
KSA states the current Dutch online gambling channelisation is at 95%. However, data on Dutch player spend and revenue suggests the rate is more likely at 87%, with consumers spending more on illegal sites.
NetX Betting has been fined €675,000 for operating two online gambling platforms in the Netherlands without approval. According to KSA, Dutch players have been accessing the company’s illegal gaming services through the platforms Pferdewetten and BetBird.
The operator was previously issued an enforcement order by the KSA and now faces a total fine of €675,000, comprising a base penalty of €600,000 and additional sanctions.
bingo time in the Netherlands' sights, operators are changing the rules.
KSA Embarks on Enforcement Spree
The NetX fine preceded similar enforcement actions by KSA against BC.Game and Winbet’s alleged owners. Winbet was ordered to cease offering unlicensed gaming or face a fine of €280,000 per week, up to a maximum of €840,000.
The warning relates to four gambling websites Winbet operated in the Netherlands without a license, including galaxyspins.com and winnercasino1.bet, superb1.bet, and doctorspins.com.
Dutch gambling regulator Kansspelautoriteit (KSA) warns about lack of monitoring.
BloKDance was also issued the same warning when the KSA uncovered that the operator had been conducting unlicensed gambling operations in the country. The operator allegedly ran illegal games of chance on bc.game and bcgame.lu and allowed Dutch players to register, deposit, and play games on both sites, even after an initial KSA intervention.
