Netherlands Facing Online Gambling Firm Fined €170,000

Published Thursday, February 16, 2017 - Online-Casinos.com
Netherlands Facing Online Gambling Firm Fined €170,000

Everyday legal proceedings are brought against unauthorized online gambling operators in many jurisdictions. A recent post has revealed the extent to which some regulatory bodies go to keep international online gambling product providers honest.

The Dutch regulator Kansspelautoriteit has gone after a company that has violated licensing rules by imposing a hefty fine to Tiplix, an online betting site owned by Trustfulgames. Trustfulgames.com Ltd. is regulated and licensed by the Malta Gaming Authority (MGA) since 2012. The Tiplix site offers sports betting and casino games but will have to pay a €170,000 fine for the violation of not having a proper license granted by the Netherlands.

Tiplix is the first to face the consequences of focusing their offerings to punters in Holland with the regulator stating they will be making other unauthorized operators pay the penalty. After the fine was imposed the web site which offered the various casino games in the Dutch language was removed with players located in Netherlands now being welcomed by a message in German, which explains that Tiplix.com cannot legally accept Dutch players.

The framework for legal online gambling in the Netherlands is still very vague. A bill referring to online betting was finally passed by the Dutch Lower House last year, but the Senate has not made a vote on the bill yet. As soon as the bill is passed the Netherland’s regulatory body Kansspelautoriteit will begin issuing legal licenses to those operators who fulfill the requirements outlined by the government.

This brazen approach by the Dutch regulator is a departure from the easy going attitude of the past when the regulator only issued fines to repeat offenders and there were multiple warnings issued to operators prior to taking any legal action. It was suggested that under the new posture fines of up to €820,000, depending on the scope and seriousness of violations are to be expected.

 

 

 

 

 

 

 

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